Aramark Services (ARMK) Tops Q2 EPS by 2c; offers outlook
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Aramark Services (NYSE: ARMK) reported Q2 EPS of $0.49, $0.02 better than the analyst estimate of $0.47. Revenue for the quarter came in at $4.91 billion versus the consensus estimate of $4.75 billion.
OUTLOOK
Based on Aramark\'s strong performance in the first half of the fiscal year, the Company updated its Fiscal 2026 Outlook for Organic Revenue growth and reaffirmed expectations for AOI, Adjusted EPS, and Leverage Ratio.
Aramark continues to expect accelerated AOI and margin expansion this fiscal year, consistent with the Company\'s expectations, capitalizing on its multiple operating levers while mobilizing a record level of new business openings.
Aramark\'s newly awarded multi-year agreement with a top global hyperscaler is underway and service set to begin this fiscal year. This new business is not currently reflected in the Company\'s Fiscal 2026 Outlook with updates to be provided as the client engagement launches, grows, and scales.
Aramark currently anticipates its full-year performance for Fiscal 2026 as follows:
Organic Revenue growth at the high end of the Company\'s previously stated +7% to +9%;
Adjusted Operating Income growth of +12% to +17%;
Adjusted EPS growth of +20% to +25%; and
Leverage Ratio under 3x
For earnings history and earnings-related data on Aramark Services (ARMK) click here.
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