earnings
confidence high
sentiment positive
materiality 0.85
Aramark Q3 revenue $4.1B (+38% YoY), organic +39%; raises FY22 organic growth guidance to +31-32%
Aramark
2022-Q3 EPS reported
$0.46
revenue$11,936,167,000
- Revenue $4.127B, 103% of pre-COVID levels; organic revenue +39% with double-digit growth across all segments.
- Operating income $148M (+99% YoY); adjusted operating income $178M (+73% on constant-currency basis).
- GAAP EPS $0.16; adjusted EPS $0.25; quarterly dividend $0.11/share payable Aug 30, 2022.
- Raises FY22 organic revenue growth outlook to +31-32%; maintains AOI margin ~5% and FCF $300-350M.
- Uniforms spin-off on track for second half of fiscal 2023; net new business already exceeds FY21 record full year.