Aramark’s 2nd-Quarter Revenue Rises 13%

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Aramark's 2nd-Quarter Revenue Rises 13%

Aramark has reported fiscal second-quarter revenue of US$4.2 billion, a year-over-year increase of 7%.

For the quarter, Aramark reported an operating income of $159 million, a bump of 27% compared to the prior year. Aramark's largest segment, U.S. food and support services (FSS), reported sales of $3.04 billion, a 7% improvement during the same time last year, while the international food and support services division increased revenue 16% to $1.15 billion.

"The company's strong momentum continued across the business, generating record revenue for any second quarter in our history in both the FSS US and International segments, as well as record second quarter profit in International," said John Zillmer, Aramark CEO. "Our revenue performance reflected our ability to execute on our strategic priorities, including driving volume growth and net new business. The vast majority of our profitability improvement in the second quarter was from leveraging higher revenue, accelerating our supply chain objectives, and ensuring a disciplined control of costs-while also benefiting from inflation trends."

About Aramark
Aramark provides food services, facilities management, and uniform and career apparel to health care institutions, universities, school districts, stadiums, arenas, and businesses around the world. For more information, visit aramark.com.