Aramark

At the Goldman Sachs conference Aramark reported strong, broad-based growth in its US core business, record customer retention and steady margin improvements. The newly launched Aramark Nexus business provides premium hospitality for data-center construction sites, already has contracts with annualized revenues of $400–500 million and, according to management, could reach a volume of $2–3 billion in the coming years. Net debt is expected to fall below 3x by year-end, creating room for investments, acquisitions, dividends and buybacks. » Mere på de.investing.com

RBC Capital Markets upgraded Aramark to its top‑pick in the corporate services sector after Q3 results and model adjustments, raising the price target from $60 to $70. The new target implies a total‑shareholder‑return potential in the mid‑teens and an estimated 2027 P/E of about 24. RBC raised EPS estimates for 2026 by 2% and for 2027 and 2028 by 7% and 10%, respectively, supported by stronger revenues, a lower effective tax rate and expected high margins from Nexus contracts plus operating leverage. Aramark reported Q3 organic revenue growth of roughly 10–11%, broad commercial strength and high customer retention, underpinning RBC’s more positive outlook. » Mere på de.investing.com

Aramark will take over food service in 13 competition venues at Florida State and will lead culinary support for student-athletes; Florida State recently recorded nearly 900,000 attendees at home games. At Texas State University, Aramark will carry out stadium and event-center modernizations, introduce new food-service concepts and technology-enabled solutions such as scan-and-go, and provide the “Eat to Excel” nutrition program. Aramark serves about 300 colleges and universities nationwide and partners with 47 NCAA athletic departments across more than 20 conferences. » Mere på de.investing.com

Aramark reported fiscal Q3 organic revenue up 9% to $5 billion and adjusted EPS up nearly 30%, and raised its full-year revenue growth outlook. The company highlighted expansion of Aramark Nexus into AI data centers, including new hyperscaler and colocation contracts and stronger-than-expected scope at initial sites. Results are tempered by a gap between GAAP and adjusted EPS, a calendar-driven $18–19 million timing drag, modest free cash flow growth, and a leverage ratio still above the company’s sub-3x target. » Mere på finance.yahoo.com

In the third quarter Aramark revenue rose 9.3% to $5.06 billion, and operating income increased disproportionately by 18.1% to $215.6 million. Drivers were new business of over $1.6 billion and a high customer retention rate. After the results were released the stock jumped significantly and the company raised its annual forecast. » Mere på finanzen.net