Aramark reported strong third quarter fiscal 2026 results, exceeding analyst expectations with revenue of $5.1 billion and adjusted earnings of $0.52 per share. The performance was driven by record levels of new client wins and the strategic expansion of the Aramark Nexus platform into AI data center hospitality services. Following these results, management raised its full-year organic revenue growth outlook while reaffirming bottom-line targets.
Key Highlights
- Organic revenue grew 9% year-over-year, overcoming a 2% headwind from a prior-year calendar shift, led by high per-capita spending at sports venues and strong healthcare sector expansion.
- New business wins totaled $1.6 billion fiscal year-to-date, a 51% increase over the prior year, supported by record client retention of approximately 98%.
- The company launched operations at its first Texas-based AI data center site with a top global hyperscaler and announced a multi-year engagement with a leading colocation provider.
- Full-year 2026 organic revenue growth guidance was raised to a range of 9% to 10%, up from the previous expectation of 7% to 9%.