earnings
confidence high
sentiment positive
materiality 0.75
Aramark Q2 revenue +7% to $4.2B, AOI +29%, raises FY organic revenue growth outlook to ~+9%
Aramark
2024-Q2 EPS reported
$0.31
revenue$8,607,678,000
- GAAP EPS $0.20 (+271%); Adjusted EPS $0.29 (+79%) on constant-currency basis.
- FSS U.S. revenue $3,044M (+7%); FSS International revenue $1,156M (+8% as reported, +16% organic).
- Operating income $159M (+27%); Adjusted Operating Income $187M (+29% constant currency).
- Raised FY2024 outlook: organic revenue growth to ~+9% (previously +7% to +9%), AOI growth +17% to +20%, adjusted EPS growth +30% to +35%.
- Quarterly dividend of 9.5 cents per share declared; payable May 28, 2024 to holders of record May 13, 2024.