42.83 0.00 (0.00%)
After hours: 5:37PM EST
|Bid||42.81 x 800|
|Ask||42.82 x 800|
|Day's Range||42.76 - 43.19|
|52 Week Range||25.49 - 45.04|
|Beta (3Y Monthly)||0.89|
|PE Ratio (TTM)||20.19|
|Earnings Date||Nov 19, 2019|
|Forward Dividend & Yield||0.44 (1.02%)|
|1y Target Est||45.92|
Aramark proudly employs thousands of military veterans, active service members and their family members and, on this Veterans Day, the leading U.S.-based provider of food, facilities and uniform services is pleased to re-affirm its commitment to veteran hires through various recruitment initiatives, including participating in several upcoming events hosted by military-focused recruiting companies.
Aramark (ARMK) released the following statement today regarding an agreement the Company reached in principle to settle claims in the Lacher et al. v. Aramark (Case No. 2:19-cv-00687) and Mercer et al. v. Aramark (Case No. 2:19-cv-02762) lawsuits pending in the United States District Court for the Eastern District of Pennsylvania. If approved by the court, the agreement would resolve disputed claims made by Plaintiffs who allege that Aramark failed to pay bonuses allegedly owed to them and other current and former Aramark managers. Under the terms of the agreement, Aramark will pay $21 million (inclusive of all Plaintiffs’ attorneys’ fees, expenses and settlement costs) into a settlement fund in return for dismissal of the lawsuits and a release of all claims arising from the lawsuits.
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Aramark (ARMK), a global leader in food, facilities management and uniforms, today announced the release of the first issue of Work XP, an industry insights report that takes a closer look at the workforce and workplace of today and the future. The report was produced in conjunction with WORKTECH Academy, the global online platform and community for the future of work and workplace. The report also provides insights about the different types of employee demographics—what is different and similar and what they are seeking in jobs and workplace environments.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing more than 730 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of June […]
Along with 15 more food and beverage stands and 45 additional points of sales, Minute Maid Park will add six new food items for the World Series that reflect the culinary tastes of the Astros’ fanbase.
The United Auto Workers union on Thursday reached a tentative agreement for a new contract covering 850 Aramark employees who work at General Motors plants in Ohio and Michigan in maintenance, two sources briefed on the matter said. The UAW's national council has been delaying for hours on Thursday a vote on a separate tentative agreement reached Wednesday with GM covering 48,000 hourly workers as talks continued with Aramark. The UAW did not want members to be forced to cross Aramark picket lines to return to work, sources said.
Assessment of new giant taco: "You can walk back to your seat. You just need somebody to help you eat it.”
Two hundred of Aramark’s outstanding team members from around the world have been named to the company’s Ring of Stars and will be recognized during an exclusive celebration in Scottsdale, AZ, this week. The 2019 Aramark Ring of Stars class is made up of frontline employees who proudly serve the company’s customers and clients as chefs, cashiers, stadium hawkers, servers, route drivers, custodians and in many others roles. “These 200 Service Stars represent the best of our organization and go above and beyond to enrich and nourish the lives of thousands of people around the world every day,” said Lynn McKee, Aramark Executive Vice President, Human Resources.
Aramark (ARMK), a global leader in food, facilities management and uniforms, has named Kris Reinhardt (preferred name Alyx), a Senior Telecommunications Analyst, the 2019 Pride of Aramark awardee, in recognition of her commitment to advancing the Aramark PRIDE employee resource group (ERG) and supporting the LGBT community. Each year, Aramark PRIDE recognizes one member of the ERG who most demonstrates the group’s mission to foster an open, inclusive environment in which lesbian, gay, bisexual and transgender (LGBT) employees and their allies are fully engaged to achieve organizational goals and enhance professional growth.
Aramark (ARMK), the award-winning food and facilities partner of more than 400 colleges and universities across the U.S., is taking the lead in addressing food insecurity in the higher education space through a multiyear commitment to support Swipe Out Hunger, a national nonprofit who partners with colleges and universities to provide financially and logistically efficient anti-hunger programs. Aramark is partnering with Swipe Out Hunger as a founding funder of its Research and Development (R&D) Lab, which seeks to surface and promote high impact, innovative solutions to address campus hunger.
Aramark tapped industry veteran John J. Zillmer as its next CEO and overhauled its board, the latest moves at the Philadelphia food services company as part of a shakeup by activist investor Mantle Ridge LP. The move is a return to Aramark for Zillmer, 64, who previously spent 18 years at the company, including the role president of global food and support services. Aramark also said Monday it has appointed five new members to its board.
Aramark has appointed John Zillmer chief executive, effective immediately. He succeeds Steve Zadove, who will stay on as chairman. Zillmer was previously with Aramark for 18 years, serving at one point as president of global food and support services. He left the company to serve as CEO of Allied Waste Industries and was CEO of Univar, a chemical and ingredients distributor. Zillmer joins the board along with five others, including Yum Brands Inc. CEO Greg Creed and former McDonald's Corp. executive Karen King. Aramark stock has rallied 47.4% for the year to date while the S&P 500 index has gained 17.8% for the period.
Aramark (ARMK), a $16 billion global leader in food, facilities management and uniforms, announced today that John J. Zillmer, a proven executive with a track record of driving market-leading business results, will return to the Company as Chief Executive Officer, effective immediately.
Shares Aramark hit a new 52-week high Monday after the food-services giant announced an agreement with activist investor Mantle Ridge that calls for a new CEO and changes to the board. Veteran executive John Zillmer has been appointed CEO and will join Aramark's board as one of several new directors. "John Zillmer is an outstanding leader with a proven record of accelerating business performance and fostering a strong corporate culture," Aramark Chairman Stephen Sadove said in a statement, which noted that Zillmer had previously worked for the company for 18 years.
Aramark (ARMK), a global leader in food, facilities management and uniforms, today announced it is expanding its strategic relationship with Dickies, one of the largest providers of performance workwear, to provide customers with a wider assortment of premium Dickies apparel options for the industrial rental market. “Dickies and Aramark are leaders in their respective industries and this strong alliance will create a competitive force in the rental market,” said Brad Drummond, Chief Operating Officer for Aramark’s Uniforms and Refreshments businesses. “Taking the world’s most recognized and trusted performance workwear brand and backing it with Aramark’s industry-leading service creates a premium solution for our customers and the rental market at large.
Lockheed Martin announced today Aramark , a global leader in food, facilities and uniforms, has been selected to manage comprehensive hospitality services for Lockheed Martin’s Center for Leadership Excellence .