Aramark stock reaches all-time high with triple-digit profit growth, positive.

From Google: 2024-08-13 14:12:00

Food service company Aramark’s stock reaches an all-time high after reporting triple-digit profit growth. The company’s stock climbed 3.8% to $30.18 on the stock market after posting a 285% jump in earnings growth. Aramark’s revenue rose 37% to $5.1 billion in the third quarter.

Investors are optimistic about Aramark’s growth potential after the company’s strong performance in the third quarter. The company’s profit growth of 285% exceeded Wall Street analysts’ expectations, driving its stock price to an all-time high. Aramark’s revenue also saw a significant increase of 37% to $5.1 billion.

Aramark’s stock hits an all-time high as investors react positively to the company’s impressive financial results. The stock price rose by 3.8% to $30.18 following the announcement of a 285% increase in profit growth. Aramark also reported a 37% rise in revenue to $5.1 billion in the third quarter.



Read more at Google: Aramark Stock Hits All-Time High Amid Triple-Digit Profit Growth – Investor’s Business Daily