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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.

News

Aramark Declares Quarterly Dividend

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Aramark's Board of Directors has approved a quarterly dividend of 9.5 cents per share of common stock, payable on February 28, 2024, to stockholders of record at the close of business on February 14, 2024.
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Aramark Publishes Annual Update on Responsible Business Practices in the 2023 Be Well. Do Well. Progress Report

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Aramark (NYSE: ARMK) published its 2023 Be Well. Do Well. Progress Report, highlighting its global responsible business practices and performance, including ESG efforts, diversity, equity, and inclusion commitments, community building, climate, food and worker safety, responsible sourcing, and waste reduction programs. The report also features Aramark's progress in reducing greenhouse gas emissions, supporting local communities, embedding circularity, empowering healthy consumers, engaging employees, and ethically sourcing from local, small, and diverse businesses.
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Aramark to Host Conference Call on First Quarter Fiscal 2024 Results

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Aramark (NYSE:ARMK) will host a conference call to review its first quarter fiscal 2024 results on February 6, 2024. The news release will be issued before the call, and the conference call will be broadcast live on the Aramark Investor Relations website. Participants can register for dial-in access and will be provided with a personalized PIN. A replay of the call and related earnings materials will be available through the Archives section of the website.
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Aramark Volunteers Shine During Season of Giving

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Aramark (ARMK) volunteers around the world showed exceptional generosity during the 2023 season of giving, with more than 90 volunteer projects happening from November to December. Volunteers supported food pantries, distributed meals, collected toys, and comfort items, and gave back to those who serve. Key figures include 15,000 pounds of food packed and shipped in Florida, 500 pounds of food and toys collected in Miami, and over 800 toys and comfort items donated in Philadelphia.
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Aramark Launches New Telehealth Program to Digitally Connect Hospital Inpatients with Clinical Nutrition Services

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Aramark (ARMK) launches telehealth program with Teladoc Health to connect clinical dietitians with hospital patients through cloud-based technologies
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Look out Santa, Kansas City Chiefs and Philadelphia Eagles Fans Are Getting the Cookies This Year

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Aramark (ARMK) partners with NFL's popular team mom, Donna Kelce, to bring her famous chocolate chip cookies to fans at Chiefs and Eagles games on Christmas Day. The proceeds from cookie sales will benefit Operation Breakthrough and Eagles Autism Foundation, with Aramark matching the donation to each organization 1:1. Mama Kelce's Best Chocolate Chip Cookies recipe is also shared for fans to enjoy at home.
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Mama Kelce’s Cookies Will Be Sold at Chiefs’ and Eagles’ NFL Christmas Games to Benefit Operation Breakthrough and the Eagles Autism Foundation

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Aramark Sports + Entertainment (ARMK) teams up with Donna Kelce to bring her famous chocolate chip cookie recipe to football fans at GEHA Field at Arrowhead Stadium and Lincoln Financial Field. All proceeds from cookie sales will benefit Operation Breakthrough and the Eagles Autism Foundation, with Aramark matching the donation 1:1. Fans can purchase cookies at specific locations in the stadiums or follow Mama Kelce’s recipe at home.
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Giving Back to Those Who Serve During the Holiday Season

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Aramark (ARMK) Volunteers Support Military Community During the Holidays
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Aramark Announces Tom Ondrof Plans to Retire as Chief Financial Officer; Jim Tarangelo, SVP Finance & Treasurer, Appointed Successor

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Aramark (NYSE: ARMK) announced that Tom Ondrof, Chief Financial Officer, plans to retire and serve as a Strategic Advisor through May 2024. Jim Tarangelo has been appointed as the new CFO. Ondrof's goal was to put the company on a path to deliver consistent top-line growth and increased profitability, including the successful spin-off of the Uniforms business in September.
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Yosemite Hospitality Announces Significant Reduction of Single-Use Plastics in Yosemite National Park

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Yosemite Hospitality, a subsidiary of Aramark (NYSE:ARMK), has made significant strides in reducing single-use plastics in Yosemite National Park. The company has replaced single-use plastic bottles with glass or aluminum packaging, eliminated disposable plastic wrap, cardboard pizza boxes, and polystyrene foam meat trays, and transitioned to compostable and recyclable alternatives. This aligns with Aramark's Be Well. Do Well. platform and global goal to reduce reliance on single-use plastics.
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FAQ

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

The current stock price of ARAMARK (ARMK) is $37.65 as of December 26, 2024.

What is the market cap of ARAMARK (ARMK)?

The market cap of ARAMARK (ARMK) is approximately 9.9B.

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.

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ARAMARK

NYSE:ARMK

ARMK Rankings

#861 Ranked by Market Cap
#1763 Ranked by Dividends

ARMK Stock Data

9.93B
263.27M
0.6%
97.52%
3.65%
Specialty Business Services
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United States of America
PHILADELPHIA