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ARAMARK - ARMK STOCK NEWS

Welcome to our dedicated page for ARAMARK news (Ticker: ARMK), a resource for investors and traders seeking the latest updates and insights on ARAMARK stock.

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.

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Aramark (NYSE:ARMK) will hold a conference call on November 16, 2021 at 8:30 a.m. ET to discuss its fourth quarter and full-year fiscal 2021 earnings. A news release with financial results will precede the call, accessible via the Aramark Investor Relations website. Participants can join via phone at 833-726-8488 for domestic callers or 830-213-7680 for international callers, using Conference ID 6583546. This event showcases the company’s commitment to transparency in financial performance.

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Aramark (NYSE: ARMK) is enhancing game-day experiences for NHL and NBA fans with new food offerings, branded concepts, and contactless ordering at seven arenas across North America. This season's menu features cheese-centric dishes like Loaded Mac and Cheese and Pork Belly Mac and Cheese, along with an array of innovative dining concepts. Customers can enjoy improved service options, including mobile ordering and self-checkout technologies. Aramark aims to elevate guest experiences while maintaining partnerships with local culinary talents.

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Aramark (NYSE:ARMK) has appointed Kim Scott as President and CEO of Aramark Uniform Services, effective immediately. CEO John Zillmer emphasized her extensive commercial experience and leadership skills as vital for accelerating growth. Scott, with over 26 years in strategic operations across various sectors, expressed enthusiasm for leading the AUS team. This leadership change comes as Brad Drummond transitions to an advisory role ahead of his retirement at year-end. Aramark provides services to various sectors globally with a strong commitment to diversity and employee engagement.

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Aramark (NYSE: ARMK) announces the launch of its TAKE15 program on October 10, 2021, for college and university students to promote mental wellbeing. The initiative encourages students to take 15-minute breaks to alleviate stress, rooted in three pillars: mindful eating, physical activity, and relaxation. This program aligns with the Feed Your Potential 365 campaign, aiming to combat heightened stress levels among students exacerbated by the COVID-19 pandemic. Research shows that short breaks can enhance mental health, memory, and overall performance.

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Aramark (NYSE:ARMK) will host an Analyst Day on December 9, 2021, featuring presentations by CEO John Zillmer and CFO Tom Ondrof. The event will review the company's performance milestones and strategic plans for future growth. Further details will be shared in the upcoming weeks. Aramark provides services to educational institutions, Fortune 500 companies, and healthcare providers across 19 countries, emphasizing their commitment to service and diversity.

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Aramark (NYSE: ARMK) has announced a commitment to enhance local seafood sourcing in New England through a partnership with the Gulf of Maine Research Institute. Starting October 2021, Aramark aims for 100% of its fresh and frozen whitefish to be sourced from the New England region, with 75% being verified Gulf of Maine Responsibly Harvested species. This initiative supports local fishing communities and adheres to Aramark's Sustainable Seafood Policy, promoting responsible harvesting practices and contributing to ecosystem health.

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Aramark employees globally participated in the annual Aramark Building Community (ABC) Day on September 23, focusing on volunteer work amid COVID-19. Over 80 local projects occurred across several countries, including the U.S., Canada, and Mexico. The company issued nearly 70 grants to nonprofits to enhance access to food and wellness resources. Additionally, employees engaged in virtual activities, creating kits for families and students. Aramark continues to emphasize its community commitment despite pandemic challenges.

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Aramark (NYSE: ARMK) is set to enhance fan experiences for the 2021 NFL season with innovative service offerings. New technology includes checkout-free markets and mobile ordering systems at various stadiums, aimed at improving convenience. Signature cocktails and diverse food options, including vegan dishes, will be featured. CEO Alison Birdwell emphasized the commitment to service and hospitality, ensuring high-quality amenities. The launch is part of a broader strategy to capitalize on the return of fans to stadiums after disruptions caused by the pandemic.

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Aramark (NYSE:ARMK) announced management participation in two investor conferences. On September 10, 2021, John Zillmer (CEO) and Tom Ondrof (CFO) will engage in a fireside chat at the Goldman Sachs Global Retailing Conference at 7:30 a.m. ET. Subsequently, Zillmer will participate in the Bernstein Strategic Decisions Conference on September 23, 2021, at 8:30 a.m. ET. Live webcasts for both sessions will be accessible via the Aramark Investor Relations website.

Aramark serves various sectors including education, healthcare, and sports, and is recognized for its commitment to diversity.

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FAQ

What is the current stock price of ARAMARK (ARMK)?

The current stock price of ARAMARK (ARMK) is $37.25 as of November 18, 2024.

What is the market cap of ARAMARK (ARMK)?

The market cap of ARAMARK (ARMK) is approximately 9.8B.

What services does Aramark provide?

Aramark offers services in food, facilities management, and uniforms to a variety of clients worldwide.

How many employees does Aramark have?

Aramark has over 270,000 employees serving in 19 countries.

What recent partnerships has Aramark formed?

Aramark recently partnered with the Lester and Rosalie Anixter Center and Triton College to provide employment opportunities for people with disabilities.

Where does Aramark operate its services?

Aramark operates its services across the United States, Canada, North America, Japan, and several other international locations.

What is Aramark's recognition in the industry?

Aramark is recognized as one of the world’s most admired companies by Fortune and rated number one among diversified outsourcing companies.

What are the main business segments of Aramark?

The main business segments of Aramark are Food and Support Services North America, Food and Support Services International, and Uniform and Career Apparel.

How does Aramark support diversity and inclusivity?

Aramark is celebrated as an employer of choice by the Human Rights Campaign and DiversityInc and engages in initiatives to support employment for people with disabilities.

What types of clients does Aramark serve?

Aramark serves a variety of clients including school districts, colleges, healthcare facilities, correctional institutions, and business, sports, and entertainment venues.

How does Aramark contribute to the community?

Aramark contributes to the community through partnerships and initiatives that promote inclusivity, access, and opportunity, such as their collaboration with the Anixter Center.

What financial strengths does Aramark possess?

Aramark boasts a robust financial condition with a strong presence in North America and a strategic focus on innovation and customer satisfaction.

ARAMARK

NYSE:ARMK

ARMK Rankings

ARMK Stock Data

9.83B
263.45M
0.61%
101.48%
2.26%
Specialty Business Services
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United States of America
PHILADELPHIA