Aramark’s 3rd-Quarter Revenue Climbs 38%August 11, 2022
Aramark has reported fiscal third-quarter revenue of US$4.12 billion, an increase of 38% year-over-year.
For the quarter, Aramark reported an operating income of $148 million, an increase of 99% compared to the prior year. Aramark’s largest segment, North America food and support services, reported sales of $2.48 billion, a 50% improvement over the same time last year, while the uniform and career apparel division saw a slight increased revenue 11% to $668 million.
“I’m pleased to share that our fiscal-third-quarter results represented a significant milestone, as revenue surpassed pre-COVID fiscal 2019 levels across all three business segments,” said John Zillmer, Aramark CEO. “We continued to accelerate net new business growth and expand margins despite the inflationary environment, which is a testament to Aramark’s focus on operational excellence.”
Aramark provides food services, facilities management, and uniform and career apparel to health care institutions, universities and school districts, stadiums and arenas, and businesses around the world. For more information, visit www.aramark.com.