Aramark hits record high after raising annual revenue forecast

Aramark

11/08/2026 15:23

** Shares of U.S. food service and facilities provider Aramark ARMK.N rise as much as 8.7% to a record high of $60.58 in early trading
** If gains hold, stock on track for best day since May 2025
** Co raises annual organic revenue growth forecast, betting on strong growth across its businesses and contributions from operations with a top global hyperscaler as it expands its premium hospitality services business
** Expects full-year organic revenue growth in the range 9%-10%, up from 7%-9% previously
** Reports Q3 revenue of $5.06 billion, beating analysts' estimate of $4.94 billion - data compiled by LSEG
** Posts quarterly adjusted profit of 52 cents per share, also beating expectations of 49 cents per share
** As of last close, ARMK up ~51% YTD

 (Reporting by Shania S Thomas in Bengaluru)
 ((shanias.thomas@thomsonreuters.com))