Aramark Expects New Business to Drive FY 2025 Revenue Growth -- Market Talk

Dow Jones

2024/11/11

1045 ET - $Aramark(ARMK-W)$ is guiding for 7.5% to 9.5% organic revenue growth in fiscal 2025, which started at the end of September, and about 4% to 5% of that coming from net new business, executives say on a call with analysts. About 2% of the growth should come from a 53rd week in the fiscal year, and then another 2% to 3% of growth is set to come from pricing, CFO Jim Tarangelo says. The forecast leaves little room for growth from gains in base business volumes. (dean.seal@wsj.com)

(END) Dow Jones Newswires

November 11, 2024 10:45 ET (15:45 GMT)

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About 2% of the growth should come from a 53rd week in the fiscal year, and then another 2% to 3% of growth is set to come from pricing, CFO Jim Tarangelo says. The forecast leaves little room for growth from gains in base business volumes. 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(dean.seal@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  November 11, 2024 10:45 ET (15:45 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}