Aramark Reports Record Third Quarter Results Sales +11%; Constant Currency Sales +9%Operating Income +22%; Adjusted Operating Income (AOI) +20%1EPS +12% to $0.29; Adjusted EPS +18%1 to $0.48Operating Income Margin up 40 bps to 4.7%; AOI Margin up 60 bps to 6.4%1
Affirming Full-Year 2018 Adjusted EPS Outlook
“We reported record performance driven by broad-based results across the globe. Our focus on delivering an enhanced customer experience drove strong revenue growth. Our productivity initiatives are working well, which led to solid margin expansion, along with double-digit operating income and EPS growth,” said Eric J. Foss, Chairman, President and CEO. “We affirm our full-year Adjusted EPS outlook of $2.20 to $2.30, and we are now expecting approximately 3.5% revenue growth in our legacy operations.”
Foss added: “Aramark benefits from a proven, resilient business model and robust financial flexibility. Looking beyond 2018, we are confident in our ability to continue generating sustainable shareholder value by executing against our clear and focused strategy."
Consolidated sales were $4.0 billion in the ...
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