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Aramark (NYSE: ARMK) is a global leader in providing innovative services in food, facilities management, and uniforms. United by a passion to serve, Aramark’s dedicated team of over 270,000 employees makes a meaningful difference each day in 19 countries around the world. Recognized as one of the world’s most admired companies by Fortune, Aramark is also rated number one among diversified outsourcing companies and is celebrated as an employer of choice by the Human Rights Campaign and DiversityInc.
Aramark’s core business is segmented into three primary areas: Food and Support Services North America, Food and Support Services International, and Uniform and Career Apparel. The Food and Support Services segments cater to a wide range of clients, including school districts, colleges, healthcare facilities, correctional institutions, and business, sports, and entertainment venues. The Uniform segment focuses on renting, delivering, cleaning, and maintaining work attire and ancillary items like towels and mats, with operations in North America and Japan.
Aramark’s commitment to inclusivity and community impact is evident through its recent initiatives and partnerships. For example, in May 2024, Aramark partnered with the Lester and Rosalie Anixter Center and Triton College to provide employment opportunities for people with disabilities. This event underscores Aramark’s dedication to fostering access, opportunity, and belonging for everyone.
Financially, Aramark continues to show resilience and growth. With numerous service locations and distribution centers across the United States and Canada, Aramark maintains a robust presence in the market. The company’s strategic focus on innovation and customer satisfaction ensures it remains at the forefront of the industry.
Aramark (NYSE: ARMK) announced that Avendra International has acquired Quantum Cost Consultancy Group, expanding its global procurement and supply chain services. Quantum manages nearly $500 million in customer spend across Spain, Portugal, Germany, Netherlands, Zanzibar, Mexico, Dominican Republic, and Jamaica.
The acquisition strengthens Aramark's position in global professional procurement services, particularly in the hospitality sector. Quantum's CEO Alex Casajuana will continue leading the business, ensuring operational continuity. The company manages various expense categories for hotels, including food and beverage, housekeeping, services, energy, telecommunications, maintenance, and insurance.
Aramark (NYSE: ARMK), a global leader in food and facilities management, has announced its participation in the upcoming Redburn Atlantic CEO Conference. CEO John Zillmer will engage in a Fireside Chat session scheduled for Tuesday, December 3, 2024, at 7:00 a.m. EST (12:00 p.m. GMT). The event will be accessible via live audio webcast through Aramark's Investor Relations website section, with a replay option available for those unable to attend the live session.
Aramark Sports & Entertainment has partnered with KZ Provisioning to expand athlete nutrition services nationwide. Founded by award-winning chefs Andrew Zimmern and Gavin Kaysen in 2017, KZ Provisioning specializes in delivering customized, performance-driven meals to professional athletes. The company currently serves the Minnesota Lynx, Minnesota Timberwolves, and Minnesota Wild. Through this partnership, KZ Provisioning will leverage Aramark's extensive network to provide their specialized culinary services to more professional and collegiate sports teams across the country. Their approach focuses on creating nutritious meals designed for performance, endurance, wellness, and recovery.
Aramark (NYSE: ARMK) has announced a new partnership with Asbury Communities to bring its SeniorLIFE+ dining services to five of Asbury's continuing care retirement communities. The collaboration aims to enhance resident experience through culinary, nutrition, hospitality, and consultancy services.
Joe Gorman, President and CEO of Aramark SeniorLIFE+, expressed enthusiasm for the partnership, highlighting their dedication to improving seniors' lives through tailored services. Doug Leidig, President and CEO of Asbury Communities, emphasized the importance of quality dining experiences in resident satisfaction and decision-making.
The partnership is set to begin in the new year, with plans to implement enhanced services across five continuing care retirement communities and provide consulting services at several locations in Delaware, Maryland, and Pennsylvania.
Aramark Healthcare+, a leader in healthcare services, has been honored with the #2 spot on Modern Healthcare's 2024 Best Places to Work in Healthcare list. The company also ranked #1 among suppliers in the Community Category, recognizing its commitment to extending care into local communities. This recognition highlights Aramark Healthcare+'s dedication to creating a positive work environment and increasing employee engagement, satisfaction, and retention.
Central to the company's success is its people-first culture, embodied in four cultural pillars: i-matter, i-belong, i-lead, and i-inspire. These pillars emphasize the importance of every individual, foster unity, encourage purposeful leadership, and empower employees. The company recently honored over 125 employees with its inaugural Monarch Honors Recognition Awards, underscoring the belief that every action contributes to long-term success.
Aramark (NYSE:ARMK), a global leader in food and facilities management, has announced it will host a conference call to review its fourth quarter and full year fiscal 2024 results on Monday, November 11, 2024 at 8:30 a.m. ET. A news release containing the results will be issued before the call. The conference call will be broadcast live on the Aramark Investor Relations website. Interested parties can register for dial-in participation, after which they will receive a personalized PIN to access the call. A replay of the call and related earnings materials will be available through the Archives section of the website.
Aramark Sports + Entertainment, the food and beverage provider for seven NHL and NBA arenas, is enhancing its offerings for the 2024-25 season. The company is introducing new menu items and local culinary partnerships to bring home flavors to the arena experience. A highlight is the 'Na'cho Average Nacho' program, featuring regionally inspired nachos at various venues.
New branded concepts include Sweet Spirits at Frost Bank Center, offering boozy milkshakes and desserts, and Dax & Marg's with self-serve frozen daiquiris and margaritas. Canadian Tire Centre will launch Tenders Love and Chicken in a new location.
Aramark is also introducing a wide range of new dishes across its portfolio, developed in-house and with local culinary talent. These include unique sandwiches, burgers, tacos, and desserts, each tailored to reflect local tastes and preferences at the different arenas.
The Cleveland Browns, Aramark Sports + Entertainment, and Wicket are expanding their Express Access concessions at Huntington Bank Field for the 2024 NFL season. This large-scale deployment of frictionless technology builds on the success of the award-winning Express Beer concept. The new system offers building-wide coverage, allowing fans to use grab-and-go concessions throughout the stadium.
Key features include facial authentication for payment and age verification, reduced wait times, and increased efficiency. During the Sept. 8 game, 11% of all transactions at active Express Access locations used this system, with 24% during peak periods at Fast Favorites locations. The technology has shown a 30% repeat usage rate and seamless integration with facial recognition ticketing.
Aramark (NYSE: ARMK), a global provider of food and facilities services, has received multiple awards for its commitment to environmental sustainability, diversity, equity, and inclusion (DEI), and community building. The company's efforts are part of its Be Well. Do Well. platform, which focuses on people and the planet.
Notable recognitions include:
- Fenimore Fisher, VP of DEI, named among Top 15 Champions of Diversity
- Inclusion in DiversityComm's 2024 Best of the Best Top Supplier Diversity Programs for MBEs and WBEs
- Alan B. Horowitz, VP of Sustainability, nominated for CSO Awards North America
- Named one of the 2024 Civic 50 most community-minded companies
- Listed among Fair360 Top 50 Companies for workplace fairness
- Recognized as a Best Place to Work for Disability Inclusion
- Awarded for sustainability initiatives in Canada and the U.S.
- Named one of America's Most Admired Workplaces 2025 by Newsweek
Aramark Sports + Entertainment is celebrating the NFL's 2024 International Games with a globally inspired culinary initiative called International Taste Games. This program will bring diverse flavors to eight NFL venues across the U.S., coinciding with the league's five international games in three countries.
Highlights include:
- Brazilian-inspired dishes at Lincoln Financial Field, home of the Philadelphia Eagles
- British-themed offerings at U.S. Bank Stadium, home of the Minnesota Vikings
- Irish specialties at Acrisure Stadium and Huntington Bank Field
- German-inspired fare at GEHA Field at Arrowhead Stadium and Paycor Stadium
- Asian-influenced items at NRG Stadium
Additionally, Aramark is introducing new culinary delights at general concessions stands, featuring unique sandwiches, international fusion dishes, and local specialties across various NFL stadiums.
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