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Aramark (ARMK.N)

ARMK.N on New York Stock Exchange

32.27USD
22 Feb 2019
Change (% chg)

$-0.48 (-1.47%)
Prev Close
$32.75
Open
$32.81
Day's High
$32.89
Day's Low
$32.25
Volume
308,043
Avg. Vol
763,484
52-wk High
$43.70
52-wk Low
$27.39

Latest Key Developments (Source: Significant Developments)

Aramark Reports First Quarter Results
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - Aramark ::REPORTS FIRST QUARTER RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.63.Q1 REVENUE $4.3 BILLION VERSUS REFINITIV IBES ESTIMATE OF $4.19 BILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.61 -- REFINITIV IBES DATA.RAISES FY 2019 ADJUSTED EARNINGS PER SHARE VIEW TO $2.30 TO $2.40.Q1 EARNINGS PER SHARE $0.99.RAISING FULL-YEAR OUTLOOK.RAISING FULL-YEAR OUTLOOK.AFFIRMING ITS FULL-YEAR FREE CASH FLOW OUTLOOK OF $500 MILLION.QTRLY NET INCOME INCLUDES A NET GAIN ON SALE OF HEALTHCARE TECHNOLOGIES BUSINESS OF APPROXIMATELY $140 MILLION.STRONGER U.S. DOLLAR DECREASED REVENUE BY APPROXIMATELY $59 MILLION IN QUARTER.2019 ADJUSTED EPS OUTLOOK INCLUDES 4 CENTS OF CURRENCY HEADWINDS.  Full Article

Aramark Announces Offering Of Senior Notes
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Aramark ::ARAMARK - UNIT INTENDS TO PRIVATELY OFFER $1,150 MILLION AGGREGATE PRINCIPAL AMOUNT OF SENIOR UNSECURED NOTES DUE 2028.ARAMARK - UNIT TO USE NET PROCEEDS FROM OFFERING OF NOTES, WITH CASH ON HAND, TO PAY FOR ACQUISITION OF AMERIPRIDE SERVICES, AMONG OTHERS.ARAMARK ANNOUNCES OFFERING OF SENIOR NOTES.  Full Article

Aramark Says Aramark Intermediate Holdco And Certain Units Of Co Entered Incremental Amendment No. 2
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Aramark ::ARAMARK - ‍ON DECEMBER 11, UNIT, ARAMARK INTERMEDIATE HOLDCO AND CERTAIN UNITS OF CO ENTERED INCREMENTAL AMENDMENT NO. 2 - SEC FILING​.ARAMARK- AMENDMENT PROVIDES INCREMENTAL SENIOR SECURED CREDIT FACILITY OF U.S. DOLLAR DENOMINATED 'TERM B-1' LOAN OF $1.785 BILLION, DUE MAR 2025.  Full Article

Marriott to receive about $650 mln for 55 pct interest in Avendra
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Marriott : :‍owners of Avendra, LLC have reached a binding agreement to sell avendra to aramark for $1,350 million​.Marriott- ‍after redemption of costs, Avendra's founding shareholders, co, Hyatt,Aaccor, Clubcorp, IHG, expect to receive about $1,180 million in cash.‍Marriott expects to receive approximately $650 million for its 55 percent interest in Avendra​.  Full Article

Aramark to buy Avendra and AmeriPride in deals totaling $2.35 bln
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Aramark :Announces two strategic and transformative acquisitions.Says ‍ entered into a definitive agreement under which Aramark will acquire Avendra for a purchase price of $1.35 billion​.Says ‍will acquire AmeriPride for a purchase price of $1.0 billion​.Says ‍anticipates annual cost synergies of approximately $70 million from AmeriPride deal​.Says ‍will finance transactions through issuance of new debt, and has received fully committed financing​.Says ‍anticipates annual procurement cost synergies of approximately $40 million from Avendra deal​.Says ‍board of directors of Aramark has unanimously approved both transactions​.  Full Article

LivePerson's quarterly revenue beats on new signings

Feb 21 Customer engagement company LivePerson Inc's quarterly revenue came ahead of Wall Street estimates, as it signed more deals in the quarter, adding clients such as Delta Air Lines and Aramark.