Aramark Q3 revenue $4.75B (+15% YoY), GAAP EPS $1.29, raises FY23 outlook

Aramark

2023-Q3 EPS reported $1.79 revenue$13,952,292,000

Revenue $4.749B (+15% YoY); organic revenue +14%; adjusted EPS $0.36 (+48% constant currency).
FSS United States revenue $2.891B (+16%); Uniform & Career Apparel $696M (+4%).
Full-year outlook raised: organic revenue ~15% (from >13%), AOI growth ~33% (from ~32%).
Uniforms spin-off on track for fiscal year-end; analyst day Sept 13, 2023.
$1.1B term loan refinanced to 2030; $630M debt repaid; dividend $0.11/share payable Aug 29.

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 June 30, 2023 results: revenue $4.7 billion, EPS $1.29. Guidance raised.

Period: the quarter ended June 30, 2023
Revenue: $4.7 billion
EPS: $1.29
Guidance: raised
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 THIRD QUARTER RESULTS Consolidated revenue was $4.7 billion in the third quarter, an increase of 15% year-over-year, driven by net new business, pricing actions, and base business growth. Revenue growth results included an incremental $47

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Source: SEC EDGAR

accession 0001584509-23-000152

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