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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
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Vestis begins trading today on NYSE under ticker VSTS. Vestis is a leading provider of uniforms and workplace supplies. Vestis launches with over 300,000 customer locations and approximately 20,000 employees across North America. The distribution of Vestis common stock to Aramark common stockholders is expected to be tax-free for U.S. federal income tax purposes.
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Aramark completes spin-off of Vestis Corporation, which is now an independent public company. Aramark will continue trading on NYSE under symbol 'ARMK' and Vestis will begin trading under symbol 'VSTS'.
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Aramark volunteers distributed backpacks and school supplies to students in 20 communities in the US and Chile. They also provided meals and snacks. Over 2,000 backpacks and 25,354 school supplies were donated. Positive impact in communities and engagement of employee volunteers. No direct impact on stock price.
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Aramark executives to participate in Citi's Growth Conference in London on September 15, 2023
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Aramark announces new offerings for NFL season, including AI-powered technologies and expanded drink markets
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Aramark approves tax-free spin-off of uniforms and workplace supplies business, Vestis, to begin trading on NYSE on October 2, 2023 under ticker 'VSTS'. 'When-issued' public trading market for Vestis common stock to commence on September 27, 2023. Aramark stockholders to receive one share of Vestis common stock for every two shares of Aramark common stock held. Aramark to continue trading on NYSE under ticker symbol 'ARMK' after completion of distribution. Vestis to host analyst day on September 13, 2023.
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Aramark unveils new culinary concepts and technology for college football venues
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Aramark appoints Chris Synek as COO of Aramark Uniform Services to support the company's plan to accelerate profitable growth and spin-off the uniforms business. Synek will lead various departments including Sales, Marketing, and Supply Chain.
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Aramark announces that 16 chefs have graduated from the ProChef® certification program at The Culinary Institute of America (CIA). These chefs drive Aramark's culinary programs and create menus for various institutions in the US and Canada.
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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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