Edition:
India

Profile: Aramark (ARMK.N)

ARMK.N on New York Stock Exchange

42.90USD
16 Sep 2019
Change (% chg)

$0.21 (+0.49%)
Prev Close
$42.69
Open
$42.36
Day's High
$43.06
Day's Low
$42.29
Volume
405,854
Avg. Vol
933,936
52-wk High
$43.70
52-wk Low
$25.50

Aramark, incorporated on May 12, 2006, is a global provider of food, facilities and uniform services to education, healthcare, business and industry, and sports, leisure and corrections clients. The Company operates through three segments: Food and Support Services North America (FSS North America), Food and Support Services International (FSS International), and Uniform and Career Apparel (Uniform). FSS North America and FSS International segments include food, refreshment, specialized dietary and support services, including facility maintenance and housekeeping, provided to business, educational and healthcare institutions and in sports, leisure and other facilities serving the general public. As of September 30, 2016, the Company had operations in 17 countries outside FSS North America. The Uniform segment includes rental, sale, cleaning, maintenance and delivery of personalized uniforms and other textile items on a contract basis and direct marketing of personalized uniforms and accessories to clients in a range of industries in the United States, Puerto Rico, Japan and Canada, including manufacturing, transportation, construction, restaurants and hotels, healthcare and pharmaceutical industries. The Company supplies garments, other textile and paper products, and other accessories through rental and direct purchase programs to businesses, public institutions and individuals.

As of September 30, 2016, the Company's food and Support Services segments served a range of client sectors across 19 countries around the world. Within the education sector, the Company serves higher education and K-12 clients. The Company delivers a range of food and facility services at colleges, universities, school systems, and districts and private schools. The Company offers its education clients a single source provider for managed service solutions, including dining, catering, food service management, convenience-oriented retail operations, grounds and facilities maintenance, custodial, energy management, construction management, and capital project management. The Company provides a range of non-clinical support services to healthcare clients and facilities. The Company offers healthcare organizations a single source provider for managed service solutions, which include food services, such as patient food and nutrition services and retail food services, and facilities services, such as clinical equipment maintenance, environmental services, laundry and linen distribution, plant operations, energy management, strategic/technical services, supply chain management, purchasing and central transportation.

The Company provides a range of business dining services, including on-site restaurants, catering, convenience stores and executive dining. The Company provides beverage and vending services to business and industry clients. The Company's service and product offerings include a range of coffee offerings, grab and go food operations, convenience stores, micromarkets and a drinking water filtration system. The Company also offers a range of facility management services to business and industry clients. These services include the management of housekeeping, plant operations and maintenance, energy management, laundry and linen, groundskeeping, landscaping, transportation, capital program management and commissioning services and other facility consulting services relating to building operations. The Company also offers remote services, which include facility and business support services primarily for mining and oil operations.

The Company administers concessions, banquet and catering services, retail services and merchandise sales, recreational and lodging services and facility management services at sports, entertainment and recreational facilities. As of September 30, 2016, the Company served 146 professional (including minor league affiliates) and college sports teams, including 39 teams in Major League Baseball, the National Basketball Association, the National Football League and the National Hockey League. As of September 30, 2016, the Company also served 22 convention and civic centers, 19 national and state parks and other resort operations, plus other tourist attractions in the United States and Canada. Additionally, it provides correctional food services, operates commissaries, laundry facilities and property rooms, and provides food and facilities management services for parks.

The Company's Uniform segment provides uniforms and other garments and work clothes and ancillary items, such as mats and shop towels in the United States, Puerto Rico, Canada and through a joint venture in Japan. As of September 30, 2016, the Company operated over 2,600 routes. The Company provides a full service employee uniform solution, including design, sourcing and manufacturing, delivery, cleaning and maintenance. The Company rents uniforms, work clothing, outerwear, particulate-free garments and non-garment items and related services, including industrial towels, floor mats, mops, linen products, and paper products to businesses in a range of industries, including manufacturing, food services, automotive, healthcare, construction, utilities, repair and maintenance services, restaurant and hospitality.

The Company's cleanroom service offers advanced static dissipative garments, barrier apparel, sterile garments and cleanroom application accessories for clients with contamination-free operations in the technology, healthcare and pharmaceutical industries. The Company conducts its direct marketing business through three primary brands: WearGuard, Crest and Aramark. The Company designs, sources or manufactures and distributes image apparel to workers in a range of industries through the Internet at www.shoparamark.com, sales representatives and telemarketing sales channels. The Company offers uniforms and logos for clients through a computer assisted design center and distributes work clothing, outerwear, business casual apparel and footwear throughout the United States, Puerto Rico and Canada. As of September 30, 2016, the Company operated its uniform rental business as a network of 85 laundry plants and 172 satellite plants and depots.

The Company competes with Centerplate, Inc., Compass Group plc, Delaware North Companies Inc., Sodexo SA., Elior SA, International Service System A/S, Cintas Corporation, G&K Services, Inc. and UniFirst Corporation.

Company Address

Aramark

2400 Market St
PHILADELPHIA   PA   19103-3041
P: +1215.2383000
F: +1302.6555049

Company Web Links