Aramark reports Q2 adjusted EPS 29c, consensus 27c

Reports Q2 revenue $4.2B, consensus $4.24B. “The company’s strong momentum continued across the business, generating record revenue for any second quarter in our history in both the FSS US and International segments, as well as record second quarter profit in International,” said John Zillmer, Aramark’s Chief Executive Officer. “Our revenue performance reflected our ability to execute on our strategic priorities, including driving volume growth and net new business. The vast majority of our profitability improvement in the second quarter was from leveraging higher revenue, accelerating our supply chain objectives, and ensuring a disciplined control of costs-while also benefiting from inflation trends.”