News
Aramark’s 1st-Quarter Revenue Rises 13%
February 6, 2024
Aramark has reported fiscal first-quarter revenue of US$4.4 billion, a year-over-year increase of 13%.
For the quarter, Aramark reported an operating income of $167 million, an increase of 10% compared to the prior year. Aramark’s largest segment, U.S. food and support services (FSS), reported sales of $3.21 billion, a 10% improvement over the same time last year, while the international food and support services division increased revenue 20% to $1.19 billion.
“Aramark is off to a great start in this new fiscal year, achieving record revenue across both our FSS U.S. and international segments, along with record first quarter profit in international,” said John Zillmer, Aramark CEO. “Our teams around the globe are successfully executing on our growth strategies, which are driving top- and bottom-line performance. We’ve seen inflation continue to moderate, which provided a tailwind to profitability during the quarter. We believe the current market landscape presents tremendous opportunities, and both our growth leaders and our supply chain organization are hard at work implementing strategies to further unlock this potential.”
About Aramark
Aramark provides food services, facilities management, and uniform and career apparel to healthcare institutions, universities and school districts, stadiums and arenas, and businesses around the world. For more information, visit aramark.com.
