Compass Group reported 7.1% organic revenue growth for its fiscal third quarter as new foodservice contracts and high client retention sustained the company’s momentum.

For the quarter ended June 30, North American organic revenue increased 7.5%, while the International business grew 6.4%. Group organic revenue rose 7.2% for the first nine months of fiscal 2026.

Net new business growth accelerated into Compass Group’s target range of 4% to 5%. The company said it remains on track to achieve growth within that range for a fifth consecutive year.

Client retention held at 96%. Like-for-like growth met company expectations, with North American volumes receiving a modest benefit from the Football World Cup. International growth moderated because of lower inflation and the timing of Sports and Leisure events.

Compass Group secured $4.3 billion in annual revenue from new business wins during the past 12 months, a 16% year-over-year increase. First-time outsourcing accounted for half of those wins.

Business and industry remained the company’s strongest-performing sector, according to the earnings report, delivering double-digit organic growth and more than $2 billion in new annual business. Compass Group said it continues to provide food and support services to artificial intelligence hyperscalers during the construction and operation of data centers.

Sports and leisure also produced strong growth in the International region. First-time outsourcing contributed significantly as venues invested in foodservice operations and the fan experience.

Education gained momentum after what Compass Group described as a record-selling season in kindergarten through 12th-grade schools and higher education. A new University of Kentucky contract became the company’s largest education-sector win to date.

Healthcare and senior living remained a significant source of new business. Six of Compass Group’s 20 largest North American contract wins during the fiscal year came from that sector.

The Defense, offshore and remote business benefited from increased investment in defense and energy infrastructure, according to the company.

Capital expenditures represented about 3.5% of sales through the first nine months. Compass Group expects the percentage to increase slightly by year-end because of the timing of new client mobilizations.

Net merger and acquisition spending totaled $2.4 billion for the fiscal year to date.

Compass Group reiterated its fiscal 2026 forecast for underlying operating profit growth above 11% at constant currency. Its outlook assumes organic revenue growth of about 7%, approximately 2% profit growth from acquisitions and continued margin improvement.

CEO Dominic Blakemore attributed the results to the company’s sector-focused strategy, execution and resilient client demand. Compass Group estimates that the global outsourced foodservice market represents an addressable opportunity exceeding $360 billion.