Aramark

Aramark Earnings Recaps

ARMK Consumer Discretionary 3 recaps
Q2 2026 May 13, 2026

Aramark’s shares rose 8.6% post-earnings, driven by better-than-expected organic revenue growth across U.S. and international segments, along with promising new business in the hyperscale AI data center market that is not yet reflected in fiscal 2026 guidance.

Key takeaways
  • Organic revenue grew 12% to $4.8 billion in Q2, including a 3% calendar shift benefit, with strong contributions from both U.S. and international operations.
  • U.S. Food Service & Support (FSS) organic revenue increased 12%, or approximately 8% excluding calendar impacts, supported by higher enrollments, sports events, and new client wins (e.g., Suffolk University, Toyota).
  • International segment delivered 13% organic revenue growth, led by double-digit increases in Europe and Canada and broad-based contributions across sectors and regions.
  • Management highlighted a multiyear contract with a top global hyperscale AI data center client, with associated new platform Aramark Nexus expected to generate above-average margins; however, this is not yet included in current full-year outlook.
  • Inflation and geopolitical risks remain, but supply chain scale and operational flexibility continue to help manage cost pressures.
Full recap
Q1 2026 Feb 10, 2026

Aramark delivered robust first quarter results for fiscal 2026, with organic revenue growth of 5% to $4.8 billion, strengthened by exceptional client retention and significant new business wins.

Key takeaways
  • FSS US organic revenue grew to $3.4 billion (2%), with anticipated recovery from calendar shifts expected in Q2.
  • International sales surged over 13% year-over-year, marking the nineteenth consecutive quarter of double-digit growth.
  • Key contract wins include the largest healthcare contract in US history with Penn Medicine and a major agreement with RWJBarnabas Health in New Jersey.
  • The company is well-positioned to achieve a net new business growth target of 4% to 5% for fiscal 2026, bolstered by high retention rates and accelerated onboarding of new accounts.
  • Strong performance in the global supply chain indicates effective cost management and client service optimization amid ongoing inflationary trends.
Full recap
Q4 2025 Nov 17, 2025

Aramark reported a robust fourth quarter with a 14% increase in organic revenue, driven by strong client retention and significant new business wins, positioning the company for continued growth in fiscal 2026.

Key takeaways
  • Achieved annualized gross new wins of $1.6 billion, reflecting a 12% increase versus fiscal '24 and the largest contract in FSS U.S. history.
  • Maintained an industry-leading client retention rate of 96.3%, resulting in a net new growth of 5.6%.
  • Organic revenue growth across FSS U.S. included a significant contribution from the Workplace Experience and Collegiate Hospitality sectors.
  • New business pipeline remains strong, with notable contracts including Blue Origin and the University of Pennsylvania Health System, enhancing operational capabilities.
Full recap