Last $29.45 USD
Change Today +0.21 / 0.72%
Volume 325.8K
ARMK On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 11/26/14 All times are local (Market data is delayed by at least 15 minutes).

aramark (ARMK) Snapshot

Open
$29.21
Previous Close
$29.24
Day High
$29.48
Day Low
$29.04
52 Week High
03/21/14 - $29.98
52 Week Low
12/12/13 - $20.10
Market Cap
6.9B
Average Volume 10 Days
479.6K
EPS TTM
$0.83
Shares Outstanding
233.1M
EX-Date
11/21/14
P/E TM
35.6x
Dividend
$0.35
Dividend Yield
1.06%
Current Stock Chart for ARAMARK (ARMK)

aramark (ARMK) Details

Aramark provides food, facilities, and uniform services to education, healthcare, business and industry, sports, leisure, and corrections clients primarily in North America. The company offers managed services, including dining, catering, food service management, convenience-oriented retail operations, grounds and facilities maintenance, custodial, energy and construction management, and capital project management. It also provides non-clinical support services, such as patient food and nutrition, and retail food services; and facilities services comprising clinical equipment maintenance, environmental, laundry and linen distribution, plant operations, strategic/technical, energy and supply chain management, purchasing, and central transportation. In addition, the company provides on-site restaurants, catering, convenience stores, and executive dining services; coffee and vending services; and facility management services comprising housekeeping management, plant operations and maintenance, energy management, laundry and linen, grounds keeping, landscaping, transportation, capital program management and commissioning services, and other facility consulting services. Further, it offers facility and business support services for mining and oil operations; and concessions, banquet and catering, retail and merchandise sales, recreational and lodging, and facility management services for sports, entertainment, and recreational facilities. Additionally, the company provides correctional food, and food and facilities management services for parks; and operates commissaries, laundry facilities, and property rooms. It also rents, sells, cleans, maintains, and delivers uniform and career apparel, and other textile items; and provides walk-off mats, cleaning cloths, and disposable towels. The company was formerly known as ARAMARK Holdings Corporation and changed its name to Aramark in May 2014. Aramark was founded in 1959 and is headquartered in Philadelphia, Pennsylvania.

270,000 Employees
Last Reported Date: 11/12/14
Founded in 1959

aramark (ARMK) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $4.0M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $1.6M
Executive Vice President, General Counsel and...
Total Annual Compensation: $981.0K
Chief Accounting Officer, Senior Vice Preside...
Total Annual Compensation: $359.3K
Senior Vice President of Finance
Total Annual Compensation: $269.4K
Compensation as of Fiscal Year 2013.

aramark (ARMK) Key Developments

Aramark Declares Regular Quarterly Dividend for the First Quarter of Fiscal Year 2015, Payable on December 16, 2014; Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended October 3, 2014; Provides Earnings Guidance for the Fiscal Year 2015

ARAMARK Corporation announced that the company's Board of Directors is increasing the regular quarterly dividend by 15%, to 8.625 cents per share of common stock. On November 11, 2014 the Board of Directors declared the first quarter fiscal 2015 dividend, at the increased rate, which is payable on December 16, 2014, to stockholders of record at the close of business November 25, 2014. The company reported unaudited consolidated earnings results for the fourth quarter and full year ended October 3, 2014. For the quarter, the company reported sales of $3,947,768,000, operating income of $145,251,000, income from continuing operations before income taxes of $66,978,000, income from continuing operations of $44,510,000 or $0.18 per diluted share and net income attributable to company shareholder of $44,405,000 or $0.18 per diluted share compared to sales of $3,515,975,000, operating income of $135,344,000, income from continuing operations before income taxes of $52,891,000, income from continuing operations of $40,134,000 or $0.20 per diluted share and net income attributable to company shareholder of $38,898,000 or $0.19 per diluted share for the same period a year ago. Adjusted operating income was $228 million versus $198 million in last year's period, an increase of 15%, with North America up 12%, International up 27% and Uniform and Career Apparel up 15%. Adjusted EBITDA was $331,815,000, adjusted net income was $94,533,000 and adjusted net income attributable to company stockholders was $4,428,000 or $0.39 per share compared to adjusted EBITDA of $296,704,000, adjusted net income of $78,116,000 and adjusted net income attributable to company stockholders of $77,910,000 or $0.37 per share a year ago. For the year, the company reported sales of $14,832,913,000, operating income of $564,563,000, income from continuing operations before income taxes of $229,677,000, income from continuing operations of $149,459,000 or $0.63 per diluted share and net income attributable to company shareholder of $148,956,000 or $0.63 per diluted share compared to sales of $13,945,657,000, operating income of $514,474,000, income from continuing operations before income taxes of $90,629,000, income from continuing operations of $71,396,000 or $0.34 per diluted share and net income attributable to company shareholder of $69,356,000 or $0.33 per diluted share for the same period a year ago. Net cash provided by operating activities was $398,159,000 compared to $695,907,000 for the same period a year ago. Net purchases of property and equipment and client contract investments were $516,700,000 compared to $381,634,000 for the same period a year ago. Adjusted operating income was $877,657,000 compared to $781,460,000 a year ago. Adjusted EBITDA was $1,269,733,000, adjusted net income was $359,437,000 and adjusted net income attributable to company stockholders was $358,934,000 or $1.59 per share compared to adjusted EBITDA of $1,168,153,000, adjusted net income of $261,640,000 and adjusted net income attributable to company stockholders of $260,630,000 or $1.24 per share a year ago. Net capital expenditures for the year were $505 million compared to $385 million in fiscal 2013, about 3.5% of sales. The company's rate of capital spending increased year-over-year as a result of several key account renewals, a number of large new client wins and spending on technology. The company expects fiscal year 2015 adjusted earnings per share within a range of $1.60 - $1.70. In fiscal year 2015, the company expects capital expenditures in the range of 3% to 3.5% of total sales, including higher expenditures in the uniform segment to expand plant capacity.

Aramark Mulls Acquisitions

Aramark (NYSE:ARMK) is seeking acquisitions. Fred Sutherland, Executive Vice President and Chief Financial Officer of Aramark said, "From time to time, we'll make acquisitions for strategic purposes to strengthen our business."

Aramark to Report Q4, 2014 Results on Nov 12, 2014

Aramark announced that they will report Q4, 2014 results on Nov 12, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ARMK:US $29.45 USD +0.21

ARMK Competitors

Market data is delayed at least 15 minutes.

Company Last Change
ABM Industries Inc $27.22 USD -0.04
Cintas Corp $73.03 USD -0.03
Darden Restaurants Inc $55.86 USD +0.87
Elior Participations SCA €12.63 EUR +0.03
EMCOR Group Inc $44.42 USD -0.18
View Industry Companies
 

Industry Analysis

ARMK

Industry Average

Valuation ARMK Industry Range
Price/Earnings 46.9x
Price/Sales 0.5x
Price/Book 4.0x
Price/Cash Flow 10.2x
TEV/Sales 0.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ARAMARK, please visit www.aramark.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.