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Aramark Reports Second Quarter Earnings
Aramark today reported second quarter fiscal 2020 results.
“Our hearts go out to everyone who has been impacted by COVID-19, most especially our employees, client partners and customers who have experienced personal and financial hardship," said John Zillmer, Aramark’s Chief Executive Officer. “I am proud of the heroic efforts of our dedicated team members who are providing safe and hygienic food, uniforms and facility services during this challenging time."
"Our financial performance demonstrates the resiliency of Aramark’s flexible business model, as well as our ability to adapt quickly to changing market conditions,” Zillmer added. “The proactive steps we have taken to navigate this difficult economic environment should...
Aramark Names Carl Mittleman Chief Operating Officer, International
Aramark has named Carl Mittleman Chief Operating Officer, International succeeding Brent Franks, who leaves Aramark after a successful 7-year tenure. Mittleman, who has been with the Company for 25 years, most recently served as President, Sports & Entertainment. Alison Birdwell, a sports and hospitality industry veteran, has been promoted to President, Sports & Entertainment.
Mittleman joined Aramark as a college intern and held positions of increased responsibility in sales and operations in Aramark Germany, Leisure and Sports & Entertainment. He moved through...
Aramark Reports First Quarter Results
Aramark today reported first quarter fiscal 2020 results.
"Our financial performance in the quarter largely materialized as expected and reflects the early actions of our strategies to unlock the economic potential of the business," said John Zillmer, Aramark's Chief Executive Officer. "In just a few short months, we have mobilized strategic leadership changes and targeted investments, as well as realigned resources to more directly support our field organization and clients—all of which creates catalysts to drive future growth in the business."
First Quarter Results
Consolidated Revenue was $4.3 billion in the quarter, down 0.3% year-over-year, primarily due to approximately six weeks of...
Aramark Chefs Dish on 2020 Food Trends
The start of a new decade brings a time of reflection and positive change, including what will influence the food decisions we make. Aramark, the largest U.S.-based food service company, asked its top chefs to share their thoughts about the top food trends of 2020. These trends are cutting edge, and may not always go mainstream, but they help influence what you’ll find in a grocery store or café near you in the months ahead.
Megatrend #1: Plant-Forward Takes a Giant Leap
As more people focus on their general health and the environment, putting more plants on the plate is a natural way to reduce the amount of meat in a meal. For example...
Aramark Names Thomas Ondrof as Chief Financial Officer
Aramark, a $16 billion global leader in food, facilities management and uniforms, announced today that Thomas Ondrof will join the Company as Executive Vice President, Chief Financial Officer, effective January 7, 2020, succeeding Steve Bramlage who will remain with the Company until April 3, 2020 in the role of Executive Advisor to assist in this transition.
Ondrof previously served as Chief Financial Officer with Performance Food Group, a $23 billion foodservice distributor. Prior to PFG, Ondrof spent 24 years at Compass Group North America, where he served in a variety of financial and...
Aramark Names Marc Bruno Chief Operating Officer, U.S. Food & Facilities
Aramark, a global leader in food, facilities management and uniforms, announced today that Marc Bruno has been promoted to Chief Operating Officer, U.S. Food & Facilities, reporting to CEO John Zillmer. In this new role, Bruno will focus on driving the Company’s hospitality culture and growth across Aramark’s eight U.S. food and facilities businesses.
Bruno joined Aramark in 1993 after graduating from the Cornell University School of Hotel Administration. Throughout the course of his career, he has risen through the ranks leading virtually every one of Aramark’s U.S. food and facilities businesses, as well as the Company’s Olympic involvement around the globe. In addition, Bruno has overseen some of the world’s largest events for the Company, including...
Aramark Reports Fourth Quarter and Full Year 2019 Earnings
Aramark today reported fourth quarter and full-year fiscal 2019 results.
“Aramark is an iconic company with a promising future. I am incredibly inspired by the many talented field leaders and valued client partners I have met in just 45 days back with the Company,” said John Zillmer, Chief Executive Officer, Aramark. “My immediate priority is to elevate the Company’s hospitality culture and drive the business forward in a way that unlocks meaningful value for all stakeholders."
Fourth Quarter Results
Consolidated revenue was $4.0 billion in the quarter, an increase of 1.0% over the prior year. Adjusted Revenue grew 4.9% compared to the prior year attributed to...
Aramark Celebrates National Sandwich Day with New Items
Aramark, the award winning food and hospitality partner of 10 NHL and NBA teams, is celebrating National Sandwich Day, November 3, 2019, with a vibrant selection of new sandwiches at the eight arenas it serves.
Mike Hits the (Ara)mark: Reliable Data Sources, Aramark's Innovation, and ASF
This week Laura interviews Mike Banas, Global Cost Forecasting Manager at Aramark. They discuss Aramark's new offerings at sports stadiums, how he selects reliable data, African swine fever, and Laura's favorite - french fries...
Aramark Gears Up for 2019 Back-to-School Season on College Campuses Across the Nation
As millions of college students prepare to return to campus to start the new school year, they’ll be looking for fresh, nutritious, on-trend food when they hit the books. Aramark, the award-winning food and facilities partner of more than 400 colleges and universities across the U.S., is ready to welcome back three million higher education students to campus, by introducing a new wave of offerings customized to the ever-changing needs of Gen Zers.
“Every year, our higher education team members elevate the student experience with custom campus solutions tailored for them,” said Jeff Gilliam, president of Aramark’s Higher Education business. “Our culinary team puts innovation first, to create healthy, fresh recipes that students love, and we’re excited for students to see...
Aramark Tackles Game Day with 35 of the Hottest Items on Menus at NFL Stadiums
Game days are back and Aramark (NYSE: ARMK), the award-winning food and beverage partner of 11 NFL teams, is ready to welcome six million fans back to stadiums for the most awaited and delicious time of the year, football season.
Aramark, which serves more football fans than any other hospitality company, scouted recipes and food trends from coast to coast, to create new menus that reflect the flavor and tradition of the hometown teams and communities where they reside. Food trends and fan feedback guided Aramark’s culinary team through the off-season, which resulted in a fresh roster of...
Aramark Acquires On-Demand Food Delivery Service, Good Uncle
Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, today announced the acquisition of privately-held Good Uncle, an innovative, app-based on-demand food delivery service that brings freshly prepared, restaurant quality meals to conveniently located pick-up points around college campuses. The addition of this concierge service to the Aramark portfolio furthers the company’s commitment to advancing innovation through culinary-and technology-driven solutions that better serve customers and clients.
“We are pleased to welcome the Good Uncle team to the Aramark family. As consumer dining habits evolve, we’re continually looking for new ways to disrupt the marketplace with innovative services,” said Eric J. Foss, Aramark’s Chairman, President and CEO. “Good Uncle strengthens our ability to offer...
Aramark Reports Third Quarter Results
Aramark (NYSE: ARMK) today reported third quarter fiscal 2019 results.
“Our performance in the third quarter was strong and broad-based, anchored in a relentless focus on innovative growth strategies that directly engage the millions of consumers we serve every day,” said Eric J. Foss, Aramark’s Chairman, President and CEO. "We continue to advance our brand and product offerings as part of our commitment to combine technology, convenience and curation across our portfolio. This disciplined approach, combined with the exemplary efforts of our global team members, drove solid year-to-date results, positioning us well to achieve our full year expectations.
“The foundation we are creating provides us with ample opportunity to infuse sales growth and optimize our investments to scale the business,” Foss added. “As a testament to our enhanced...
Employed Americans Desire to Eat More Healthy Lunches
More than half (56%) of employed Americans who typically eat lunch during work hours struggle to eat a healthy lunch at work, and more than three quarters (77%) say they're more likely to make healthier decisions at other times of the day if they eat healthy at lunch, according to a new survey from the American Heart Association, the leading voluntary health organization devoted to a world of longer, healthier lives, and Aramark, the largest U.S. based food service company.
The survey was conducted online by The Harris Poll on behalf of the American Heart Association and Aramark as part of their joint initiative, Healthy for Life® 20 By 20, among 907 employed U.S. adults aged 18 or older who say they typically eat lunch during work hours.
"Understanding what employees are eating for lunch on a typical workday and what factors influence their choices helps us develop strategies to improve dietary intake with multi-level approaches through...
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