Financial Performance:
- Revenue: $4.63 billion (QoQ: +8.11%, YoY: +5.72%)
- Gross Profit: -$760.5 million (QoQ: -311.46%, YoY: -434.91%)
- Operating Income: $182.59 million (QoQ: +4.83%, YoY: +12.93%)
- Net Income: $71.78 million (QoQ: +16.05%, YoY: +23.50%)
- EPS: $0.28 (QoQ: +21.74%, YoY: +27.27%)
Balance Sheet Metrics:
- Total Assets: $12.69 billion
- Total Liabilities: $9.61 billion
- Total Stockholder's Equity: $3.08 billion
- Cash and Cash Equivalents: $501.49 million
Despite challenges reflected in gross profit, the growth in revenue and net income indicates underlying operational resilience. Furthermore, with a liquidity position indicated by $501 million in cash, Aramark maintains the capacity to navigate short-term challenges, but the overall profitability deterioration requires strategic remediation.