Aramark reports Q4 with 5% revenue growth, missing expectations, but raises dividend by 11%.

Aramark reported a mixed Q4 with a 5% revenue growth to $4.42 billion, slightly missing analyst expectations. The company's adjusted operating income rose 7% to $271 million. Aramark's board approved an 11% dividend hike to $0.105 per share, and the company forecast FY25 organic revenue growth of 7.5% to 9.5%, with adjusted EPS growth of 23% to 28%. Shares rose after the earnings report and dividend increase.

November 11, 2024
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