Aramark Reports First Quarter 2018 Earnings And Increases 2018 Outlook

Feb. 6, 2018

PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE: ARMK) today reported first quarter fiscal 2018 results.  

“2018 is off to a solid start with strong, broad-based revenue growth across all of our segments, as we continue to execute against our clear and focused strategy," said Eric J. Foss, Chairman, President and CEO. “We are generating improved customer satisfaction by consistently enhancing our product offerings, expanding our focus on health and wellness, and innovating new technologies to boost speed of service and elevate the overall experience.” 

Foss also noted: "We recently completed the strategic acquisitions of Avendra and AmeriPride, which we expect to enhance our competitive positioning and create meaningful shareholder value. We are also increasing our full-year outlook, as the benefits from the recent tax reform are expected to more than offset the near-term dilution of these transactions." 

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