Analyst Consensus ?
ConsensusBuy24 ratings
Bullish2187.5%
Neutral28.3%
Bearish14.2%
Aramark · ARMK · FY2025 Q2 · Calendar Q2 2025
Aramark sustains momentum as retention and new wins support margins
The supplied analysis supports a constructive but conditional view: strong retention, new client wins, international growth and operating efficiencies are supporting Aramark's trajectory, while tariff exposure, seasonality and the durability of net-new growth remain important tests.
Reported Before market openNYSEIndustrials
$14.45B market cap
80quality score
Earnings scorecard
Reported versus consensus
Reported EPS
—
Consensus $0.33
EPS surprise
—
Reported versus consensus
Reported revenue
—
Consensus $4.35B
Revenue surprise
—
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
+10.1%
Event window
SPY move
-0.8%
Same window
Abnormal move
+10.9%
Stock minus SPY
Volume
2.8×
Versus trailing sessions
Subsequent drift
+7.1%
Up to 20 sessions
ARMKSPY benchmark
Ask FN2 about ARMK FY2025 Q2
Transcript, numbers and history already loaded
What drove ARMK's +10.1% move after FY2025 Q2 earnings?What changed in ARMK's guidance and outlook in FY2025 Q2?Give me the bull and bear case for ARMK after FY2025 Q2 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Relative to the supplied prior-quarter analysis, the current analysis highlights revenue acceleration to 6% in April, client retention above 98%, $760 million of fiscal-year-to-date wins, 10% international growth and the launch of an AI-enabled, checkout-free S.Mart Store. Guidance sentiment remained maintained.
Guidance delta
Maintained; management reaffirmed FY2025 guidance.
Key takeaways
- Client retention remained above 98%, while management cited $760 million of fiscal-year-to-date new client wins.
- Revenue growth accelerated to 6% in April, and international revenue grew 10% year over year.
- Supply-chain efficiencies, Avendra GPO expansion and AI-enabled tools supported margin expansion.
Management priorities
- Expand Avendra GPO into additional geographies and spending categories.
- Roll out more S.Mart Store locations and AI procurement tools.
- Pursue additional sports venue contracts while supporting growth with approximately 3% of revenue in capex.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$54.94Current
$33Low
$56.7Average
$74High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 11, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| RBC Capital | Outperform | Outperform | Maintain | Aug 19, 2026 |
| JP Morgan | Overweight | Overweight | Maintain | Aug 13, 2026 |
| Citigroup | Buy | Buy | Maintain | Aug 13, 2026 |
| UBS | Buy | Buy | Maintain | Aug 12, 2026 |
| Stifel | Buy | Buy | Maintain | Aug 12, 2026 |
| Jefferies | Buy | Buy | Maintain | Aug 12, 2026 |
| Baird | Outperform | Outperform | Maintain | Aug 12, 2026 |
| Truist Securities | Buy | Buy | Maintain | Jul 27, 2026 |
| Oppenheimer | Outperform | Outperform | Maintain | Jun 29, 2026 |
| B of A Securities | Buy | Buy | Maintain | Jun 2, 2026 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | May 13, 2026 |
| Goldman Sachs | Buy | Buy | Maintain | Oct 16, 2024 |
| Deutsche Bank | Buy | Hold | Upgrade | Aug 7, 2024 |
| Barclays | Underweight | Underweight | Maintain | Aug 10, 2023 |
| Bernstein | Perform | Market Perform | Maintain | Apr 19, 2023 |
| Berenberg | Buy | Hold | Upgrade | Oct 21, 2021 |
| Stifel Nicolaus | Buy | Hold | Upgrade | Aug 19, 2019 |
| Nomura | Buy | Neutral | Upgrade | Aug 19, 2019 |
| Credit Suisse | Outperform | Outperform | Maintain | Aug 10, 2018 |
| Macquarie | Outperform | Outperform | Maintain | Aug 25, 2016 |
| Bank of America | Buy | Buy | Maintain | Aug 11, 2016 |
| Sterne Agee CRT | Buy | Buy | Maintain | Mar 22, 2016 |
| Credit Agricole | Outperform | Outperform | Maintain | Oct 1, 2014 |
| Wells Fargo | Outperform | Outperform | Maintain | Jan 21, 2014 |
Named analyst price targets
Upside is calculated against the persisted current price $54.94. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| RBC Capital | Analyst unavailable | $70 | $60.23 | +27.4% | Aug 19, 2026 |
| New Street | Analyst unavailable | $70 | $60.35 | +27.4% | Aug 13, 2026 |
| Jefferies | Analyst unavailable | $70 | $61.24 | +27.4% | Aug 12, 2026 |
| Deutsche Bank | Analyst unavailable | $74 | $60.46 | +34.7% | Aug 12, 2026 |
| Goldman Sachs | Analyst unavailable | $70 | $60.45 | +27.4% | Aug 12, 2026 |
| UBS | Analyst unavailable | $71 | $60.47 | +29.2% | Aug 12, 2026 |
| Robert W. Baird | Andrew Wittmann | $69 | $60.47 | +25.6% | Aug 12, 2026 |
| Morgan Stanley | Analyst unavailable | $63 | $60.47 | +14.7% | Aug 11, 2026 |
| Truist Financial | Jasper Bibb | $70 | $57.18 | +27.4% | Jul 27, 2026 |
| Robert W. Baird | Andrew Wittmann | $63 | $57 | +14.7% | Jul 24, 2026 |
| UBS | Joshua Chan | $67 | $58.3 | +22.0% | Jul 13, 2026 |
| Deutsche Bank | Analyst unavailable | $65 | $56.05 | +18.3% | Jun 29, 2026 |
| Oppenheimer | Analyst unavailable | $65 | $56.06 | +18.3% | Jun 29, 2026 |
| Oppenheimer | Ian Zaffino | $60 | $53.3 | +9.2% | Jun 11, 2026 |
| RBC Capital | Analyst unavailable | $55 | $50.87 | +0.1% | May 14, 2026 |
| Truist Financial | Jasper Bibb | $58 | $49.49 | +5.6% | May 13, 2026 |
| Deutsche Bank | Analyst unavailable | $54 | $49.34 | -1.7% | May 13, 2026 |
| Morgan Stanley | Analyst unavailable | $50 | $49.24 | -9.0% | May 13, 2026 |
| UBS | Analyst unavailable | $56 | $48.4 | +1.9% | May 13, 2026 |
| Robert W. Baird | Analyst unavailable | $58 | $48.4 | +5.6% | May 13, 2026 |
| Goldman Sachs | Analyst unavailable | $51 | $48.4 | -7.2% | May 13, 2026 |
| Truist Financial | Analyst unavailable | $50 | $39.27 | -9.0% | Feb 17, 2026 |
| UBS | Analyst unavailable | $47 | $41.32 | -14.5% | Feb 11, 2026 |
| Robert W. Baird | Analyst unavailable | $50 | $40.96 | -9.0% | Feb 11, 2026 |
| Morgan Stanley | Toni Kaplan | $45 | $40.96 | -18.1% | Feb 10, 2026 |
| Robert W. Baird | Analyst unavailable | $46 | $36.68 | -16.3% | Nov 18, 2025 |
| Stifel Nicolaus | Analyst unavailable | $44 | $36.04 | -19.9% | Nov 17, 2025 |
| UBS | Analyst unavailable | $45 | $38.4 | -18.1% | Oct 1, 2025 |
| UBS | Analyst unavailable | $46 | $39.56 | -16.3% | Aug 6, 2025 |
| Morgan Stanley | Toni Kaplan | $43 | $40.4 | -21.7% | Dec 12, 2024 |
| RBC Capital | Karl Green | $42.5 | $38.53 | -22.6% | Sep 17, 2024 |
| Truist Financial | Jasper Bibb | $42 | $37.99 | -23.6% | Sep 11, 2024 |
| Robert W. Baird | Andrew Wittmann | $38 | $34.62 | -30.8% | Aug 7, 2024 |
| Deutsche Bank | Faiza Alwy | $39 | $33.66 | -29.0% | Aug 7, 2024 |
| Oppenheimer | Ian Zaffino | $39 | $32.9 | -29.0% | Jun 12, 2024 |
| Jefferies | Stephanie Moore | $37 | $32 | -32.7% | Jun 4, 2024 |
| Truist Financial | Jasper Bibb | $37 | $31.59 | -32.7% | Mar 20, 2024 |
| Goldman Sachs | Lizzie Dove | $33 | $28.81 | -39.9% | Jan 17, 2024 |
| J.P. Morgan | Analyst unavailable | $44 | $40.89 | -19.9% | Feb 8, 2023 |
| Morgan Stanley | Analyst unavailable | $44 | $41.96 | -19.9% | Jan 4, 2023 |
| Barclays | Analyst unavailable | $36 | $41.9 | -34.5% | Dec 2, 2022 |
| Deutsche Bank | Analyst unavailable | $43 | $40.51 | -21.7% | Nov 16, 2022 |
| Morgan Stanley | Analyst unavailable | $41 | $39.94 | -25.4% | Nov 16, 2022 |
| RBC Capital | Analyst unavailable | $45 | $40.55 | -18.1% | Nov 16, 2022 |
| Morgan Stanley | Analyst unavailable | $38 | $33.1 | -30.8% | Sep 27, 2022 |
| Morgan Stanley | Analyst unavailable | $37 | $36.44 | -32.7% | Aug 10, 2022 |
| Oppenheimer | Ian Zaffino | $32.49 | $24.89 | -40.9% | Jul 21, 2021 |
Track every rating change on ARMK the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationBased in Philadelphia, Pennsylvania, Aramark, established in 1959, provides a comprehensive array of services encompassing food management, facility solutions, and uniform provision. The company serves a diverse global clientele, including educational institutions, healthcare providers, various businesses and industrial clients, sports and entertainment venues, leisure operators, and correctional facilities, both within the United States and internationally. Aramark organizes its operations into three primary divisions: U.S. Food and Support Services, International Food and Support Services, and Uniform and Career Apparel. Its extensive food-related offerings feature managed dining programs, catering solutions, food service management, and convenience retail options. This includes operating on-site restaurants, providing executive dining experiences, managing convenience stores, and offering beverage and vending services.…
Historical context
All ARMK earningsIndustrials peers this season
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| FPS Forgent Power Solutions, Inc. | FY2026 Q4 · Calendar Q3 2026 | +4.3% | +9.5% | Forgent Power Solutions pairs record results with an aggressive FY27 buildout |
| CPRT Copart, Inc. | FY2026 Q4 · Calendar Q3 2026 | -8.7% | -2.6% | Copart pairs international growth with ACV investment amid higher costs |
| SUNB Sunbelt Rentals Holdings Inc | FY2027 Q1 · Calendar Q3 2026 | +19.2% | +5.9% | Sunbelt raises FY27 outlook as specialty rental demand accelerates |
Latest beats and misses
Who reports nextBeat on EPS
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One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2025-04-22T00:02:47.536505+00:00
- Polygon adjusted daily market bars · 2026-10-11T14:50:41.666436+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-11T14:50:41.663658+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-11. For educational purposes only; not investment advice.