Aramark Q1 revenue $4.4B (+13%), AOI +28% to $231M; raises FY24 outlook

Aramark

2024-Q1 EPS reported $0.11 revenue$4,407,765,000

Q1 organic revenue +13% YoY; FSS US +10%, FSS International +21% (constant currency).
GAAP EPS $0.11 (down 27%) includes spin-off costs; adjusted EPS $0.41 (+33%).
Reduced net debt by >$2.2B vs prior year; redeemed $1.5B of 6.375% Senior Notes due 2025.
Quarterly dividend 9.5 cts/share, payable Feb 28, 2024 to holders of record Feb 14.
FY24 outlook raised: AOI growth +17-20% (prev. +15-20%), adj. EPS +30-35% (prev. +25-35%).

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 0.95

Aramark reported quarter ended December 29, 2023 results: revenue $4,408M, EPS $0.11.

Period: quarter ended December 29, 2023
Revenue: $4,408M
EPS: $0.11
Result: reported results

Exact text from the filing

to the prior year period. Revenue Q1 '24 Q1 '23 Change (%) Organic Revenue Change (%) FSS United States $3,213M $2,921M 10% 10% FSS International 1,195 993 20% 21% Total Company $4,408M $3,914M 13% 13% Difference between Change (%) and Organic Revenue Change (%) reflects the impact of currency translation May not total due to rounding • FSS United States

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21 earnings releases filed in the last 30 days. Browse all earnings releases →

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Source: SEC EDGAR

accession 0001584509-24-000043

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