Aramark Services (ARMK) Tops Q2 EPS by 1c

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Aramark Reports Strong Second Quarter Earnings And Reaffirms 2016 Outlook

May 11, 2016 7:28 AM EDT

PHILADELPHIA, May 11, 2016 /PRNewswire/ -- Aramark (NYSE: ARMK), a global leader in food, facilities management and uniforms, today reported second quarter results and reaffirmed its earnings outlook for fiscal 2016. 

KEY HIGHLIGHTS

GAAP sales of $3.6 billion, up 1% on an organic basis; Adjusted operating income increased 6%1 to $221 million. GAAP operating income of $172 million; Adjusted earnings per share increased 8%1 to $0.39. GAAP EPS of $0.27; Adjusted operating income margin increased 30 basis points to 6.2%1. GAAP... More