Aramark Reports Strong 22% Profit Growth in Q3 Financial Filing

Aramark [ARMK] reported a strong profit of $161.7 million for the third quarter of fiscal year 2024, ending on June 28. This figure reflects a notable increase from the previous quarter's profit of $132.5 million. The company's performance highlights a positive trend in its financial results for the period.

The company, headquartered in Philadelphia, Pennsylvania, reported to SEC in an 8-K filing $0.22 earnings per share in the quarter, compared to $1.09 in the previous quarter.

Aramark, a key player in the food and facilities management sector, posted a revenue of $4.4 billion in the recent quarter, marking an 8% increase from the previous quarter. This growth in revenue signifies positive momentum in the company's financial performance in the current period.

In comparison to the same quarter in the previous year, Aramark's revenue saw an 8% increase, reflecting the company's sustained growth. Additionally, the profit in the current quarter showed a substantial percentage change from the same period in the previous year, indicating positive financial performance trends for Aramark.