Aramark Q2 revenue $4.6B (+19%), EPS $0.21 (+50%); raises FY2023 outlook

Aramark

2023-Q2 EPS reported $0.50 revenue$9,203,083,000

Revenue $4.6B (+19% YoY); organic revenue +19% driven by net new business and pricing.
GAAP EPS $0.21 (+50%); adjusted EPS $0.28 (+38% on constant-currency basis).
Adjusted Operating Income $213M (+30% constant currency); margin +40 bps.
Full-year guidance: organic revenue >13%, AOI growth ~32%, FCF ~$475M.
After quarter-end, repaid ~$530M debt; signed agreement to sell portion of Spurs stake.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Aramark reported the quarter ended March 31, 2023 results: revenue $4.6 billion, EPS $0.21.

Period: the quarter ended March 31, 2023
Revenue: $4.6 billion
EPS: $0.21
Result: reported results

Exact text from the filing

– Supplemental business review slides available on Aramark's Investor Relations website – 1 On a constant-currency basis Page 1 SECOND QUARTER RESULTS Consolidated revenue was $4.6 billion in the second quarter, an increase of 19% year-over-year, driven by net new business, pricing, and base business growth. A stronger dollar in the period impacted revenue results

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Source: SEC EDGAR

accession 0001584509-23-000106

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