$ARMK

Aramark's contract with ASU food service workers expired in August 2025. Negotiations continue, with the UNITE HERE Local 11 union staging strikes and protests. The union sued ASU over alleged First Amendment violations during arrests at a protest. ASU President Michael Crow stated workers are treated fairly. The timeline details ongoing disputes and actions since the contract expiration.

Aramark expands college sports business with new partnerships at Florida State University and Texas State University, covering food service, game-day hospitality, and athlete nutrition. The company aims to enhance fan experiences and operational efficiency, serving nearly 300 colleges nationwide.

Aramark (ARMK) announced new education partnerships, expanding its footprint. The stock is up 60.96% YTD at $58.88, with a 1-year return of 51.61% and 3-year return of 126.81%. Analysts estimate a fair value of $61.56, suggesting a 4.4% undervaluation, but caution about labor costs and competition.

Huron (HURN) reported fastest revenue growth and highest guidance raise, with stock up 28.9%. Concentrix (CNXC) had weakest Q2, missing EPS and revenue guidance, but stock up 9.7%. Genpact (G) reported mixed results, with stock up 2.2%. TaskUs (TASK) beat revenue expectations, stock up 22.9%.

Aramark (ARMK) expanded its education foodservice partnerships with Florida State University, Texas State University, and multiple K-12 school systems. The company aims to deepen relationships through integrated services, but faces margin pressures from labor costs. Analysts project $24.1B revenue and $812.4M earnings by 2029, requiring 7.5% annual revenue growth.

Aramark (ARMK) raised its fiscal 2026 organic revenue growth forecast to 9-10% after Q3 sales rose 9% to $5.1B. New AI data center contracts drove expansion. Q3 operating income increased 18% to $216M, and EPS grew 34% to 36 cents. The company attributed gains to new business, existing account growth, and cost controls. Aramark expects profitability to accelerate in Q4.

Deutsche Bank analyst Faiza Alwy identified top Business and Info Services stocks post-Q2 earnings. Aramark (ARMK) and TransUnion (TRU) raised outlooks, while CoStar Group (CSGP) lowered guidance. Equifax (EFX) and Fair Isaac (FICO) beat EPS estimates. Moody’s (MCO) and S&P Global (SPGI) surpassed revenue and profit forecasts. Republic Services (RSG) and Trinity Health (TH) showed upside potential. Deutsche Bank upgraded Trinity Health (TH) to Buy.

RBC Capital Markets upgraded Aramark to its top pick in Business Services, raising its price target to $70 from $60. The firm increased EPS estimates for 2027 and 2028 by 7% and 10%, respectively, citing strong revenue outlook and above-average margins. Aramark reported broad-based organic sales growth and strong contract retention in Q3.

Sysco (SYY) appointed Jason Murray, ex-Amazon exec, and Tom Ondrof, former Aramark CFO, to its board to accelerate AI transformation. The company aims for 6-7% revenue growth and 9-11% adjusted EPS growth by fiscal 2027, with $100M in AI-driven cost savings. The board changes reflect Sysco's focus on AI for long-term growth.

Aramark (ARMK) reported Q3 revenue of $5B (+9% YoY) and EPS of $0.52 (adjusted), raising full-year guidance. Growth was driven by Food and Support Services segments and expansion into AI data centers. However, GAAP EPS was $0.36, and cash flow growth lagged. Hedge fund ownership increased, and shares trade at a forward P/E of 9.70.