Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Aramark    ARMK

ARAMARK

(ARMK)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Aramark : Announces Strategic Partnership with Oath Pizza to Expand Guilt-free Brand; Partnership of Leading Food Service Company and America's Only Certified Humane Pizzeria Expands Healthier Options to New Locations Nationwide

share with twitter share with LinkedIn share with facebook
share via e-mail
0
08/08/2018 | 10:35am EDT

Philadelphia, PA - Aramark (NYSE: ARMK), a global leader in food, facilities and uniforms, today announced a strategic partnership with Oath Pizza to bring the pizzeria's Certified Humane brand to new, exclusive locations, from university campuses and sporting arenas to offices, hospital cafes and more. To support the partnership, Aramark is investing in Oath Pizza, which has gained a cult-following for its signature thin crust pizzas that are grilled and seared in avocado oil and feature ethically sourced ingredients.

'We innovate continually to enhance consumers' food experiences with unique and on-trend culinary solutions that are also local and sustainable,' said Victor Crawford, a Chief Operating Officer for Aramark. 'Our partnership with Oath will further enable us to provide a high quality, convenient, healthy and personalized menu option, not to mention a great-tasting pizza with a purpose.'

Aramark is one of the largest food service providers in the country and serves clients in multiple sectors, including education (colleges and universities; K-12 schools and districts), healthcare (hospitals and healthcare facilities), sports and entertainment (stadiums, arenas and amphitheaters; destinations and cultural attractions), and business and government (workplaces and manufacturing facilities; convention centers and conference centers).

Oath Pizza currently operates locations in the Boston and Washington, DC areas, and recently opened a restaurant in New York City. The alliance with Aramark will enable Oath Pizza to expand more quickly with new locations opening before the end of 2018 and beyond to fulfill its mission offering delicious, guilt-free pizzas in unexpected places to more people across the country. Oath Pizza is scheduled to open sites this month on college campuses served by Aramark. Locations in businesses and hospital cafes have already opened as a result of the partnership.

'We are thrilled to be partnering with Aramark to scale up and reach new audiences,' says Oath Pizza CEO Patrik Hellstrand. 'This partnership will give Oath Pizza access to unique and exclusive dining options to bring our certified humane and ethically-sourced pizzas to a greater number of people who love delicious food and want to feel good about their eating decisions.'

About Aramark

Aramark (NYSE: ARMK) proudly serves Fortune 500 companies, world champion sports teams, state-of-the-art healthcare providers, the world's leading educational institutions, iconic destinations and cultural attractions, and numerous municipalities in 19 countries around the world. Our 270,000 team members deliver experiences that enrich and nourish millions of lives every day through innovative services in food, facilities management and uniforms. We operate our business with social responsibility, focusing on initiatives that support our diverse workforce, advance consumer health and wellness, protect our environment, and strengthen our communities. Aramark is recognized as one of the World's Most Admired Companies by FORTUNE, as well as an employer of choice by the Human Rights Campaign and DiversityInc. Learn more at www.aramark.com or connect with us on Facebook and Twitter.

About Oath Pizza

Oath Pizza was founded in 2015 as a quaint seaside pizza shop in Nantucket, MA. The Oath brand was born out of a life-long quest to develop a different kind of pizza crust; the result is Oath's trade secret thin crust, which features hand-stretched dough that is grilled and seared in avocado oil for a crispy finish. As the only existing Certified Humane pizza restaurant in the country, all of Oath's pizzas are made without hormones, artificial preservatives or antibiotics. The company boasts an experienced culinary team led by culinary consultant, food stylist and cookbook author Suzanne Lenzer, along with Chef Mike Hazen, who serves as Oath Pizza's Head of Culinary and has more than 20 years of experience working for some of the titans of the hospitality industry - earning accolades for One-Off Hospitality and Steven Starr, among others. Popular signature menu items include the Bella (mozzarella, roasted cherry tomatoes, roasted garlic, ricotta, balsamic drizzle, Grana Pandano cheese, and fresh basil), and the Spicy Mother Clucker (mozzarella, pickled red onions, spiced chicken, sriracha drizzle, spicy aioli and scallions). Beyond their guilt-free pizzas, Oath supports its employees, guests and the local neighborhoods they serve by donating a portion of proceeds from all of its restaurants indefinitely to hyper local causes and organizations.

Contacts:

David Freireich

(215) 238-4078

freireich-david@aramark.com

(C) 2018 Electronic News Publishing, source ENP Newswire

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ARAMARK
05/16ARAMARK : Georgia Tech Announces New Dining Services Provider
BU
05/08ARAMARK : Once Again Named a DiversityInc Top 50 Company for Diversity
BU
05/07ARAMARK : Management's discussion and analysis of financial condition and result..
AQ
05/07MARKET SNAPSHOT: Dow Ends More Than 450 Points Lower As Stocks Retreat For Se..
DJ
05/07ARAMARK : Fiscal 2Q Earnings Snapshot
AQ
05/07ARAMARK : Results of Operations and Financial Condition, Financial Statements an..
AQ
05/07ARAMARK : Reports Second Quarter Results
BU
05/03CRIMSON CUP COFFEE : Partnering with Aramark to Perk Up Campus Coffee at Kent St..
AQ
05/01ARAMARK : Declares Quarterly Dividend
BU
04/23ARAMARK : to Hold Conference Call on Second Quarter 2019 Earnings
BU
More news
Financials ($)
Sales 2019 16 206 M
EBIT 2019 1 086 M
Net income 2019 529 M
Debt 2019 6 441 M
Yield 2019 1,37%
P/E ratio 2019 15,59
P/E ratio 2020 15,03
EV / Sales 2019 0,88x
EV / Sales 2020 0,83x
Capitalization 7 812 M
Chart ARAMARK
Duration : Period :
Aramark Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ARAMARK
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 36,2 $
Spread / Average Target 14%
EPS Revisions
Managers
NameTitle
Eric J. Foss Chairman, President & Chief Executive Officer
Brent J. Franks Chief Operating Officer-International
Stephen P. Bramlage Chief Financial Officer & Executive Vice President
Daniel J. Heinrich Independent Director
Stephen I. Sadove Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
ARAMARK9.84%7 812
HAIDILAO INTERNATIONAL HOLDING LTD--.--%17 640
TEXAS ROADHOUSE INC-6.05%4 021
SSP GROUP PLC--.--%3 964
SKYLARK HOLDINGS CO LTD14.74%3 537
ZENSHO HOLDINGS CO LTD-9.46%3 184