American uniform services provider Aramark has reported consolidated revenue of $4.9 billion in the second quarter (Q2) of fiscal 2026 (FY26), marking a 15 per cent year-on-year (YoY) increase, driven by broad-based new business wins and base business growth across its US and international operations.

Organic revenue, excluding currency translation, increased 12 per cent compared with the same period last year. The company said the calendar shift from the 53^rd week in the prior year added an estimated 3 per cent benefit to both revenue and organic revenue growth.

Aramark has reported revenue of $4.9 billion in Q2 FY26, up 15 per cent YoY, driven by new business wins and growth across US and international operations.
Operating income rose 26 per cent to $220 million, while adjusted EPS grew 40 per cent.
Cash flow strengthened, client retention exceeded 98 per cent, and the company raised its organic revenue outlook.

“Our financial results underscore the continued momentum at the Company driven by our unwavering focus on delivering hospitality excellence,” said John Zillmer, Aramark’s CEO.

The operating income increased 26 per cent YoY to $220 million, compared with $174 million in Q2 FY25. Adjusted operating income (AOI) grew 24 per cent to $258 million from $205 million. Profitability was supported by higher revenue, productivity gains in food and labour, supply chain efficiencies and effective above-unit cost management.

Aramark EPS rises on earnings growth

Aramark’s GAAP earnings per share (EPS) rose 65 per cent to $0.38, while adjusted EPS increased 40 per cent to $0.49. The calendar shift contributed an estimated 30 per cent benefit to GAAP EPS growth and 20 per cent to adjusted EPS growth.

The company also reported strong cash generation during the quarter. Net cash provided by operating activities increased 56 per cent to $400 million, while free cash flow rose 116 per cent to $305 million.

New business wins have reached a record $1 billion so far in the fiscal year, while client retention remained above 98 per cent across the company.

Aramark also recently entered the hyperscale AI data centre market with the launch of Aramark Nexus, a platform designed to deliver hospitality and workforce support services for hyperscale AI data centres and other large-scale, complex and remote operating environments. The company said a new multi-year agreement with a top global hyperscaler is already underway, with services expected to begin this fiscal year.

Aramark raises organic revenue outlook

For FY26, Aramark has updated its organic revenue outlook to the high end of its earlier 7-9 per cent growth range. It reaffirmed expectations for adjusted operating income growth of 12-17 per cent, adjusted EPS growth of 20-25 per cent and a leverage ratio below 3x.

“We enter the second half of the fiscal year with confidence in our growth trajectory and our ability to capitalise on the significant opportunities immediately ahead. Our teams continue to deliver outstanding performance, and we remain focused on building upon this momentum and driving the business to even greater levels of success,” added Zillmer.

Fibre2Fashion News Desk (SG)

Morocco and Bangladesh recently agreed to strengthen cooperation in trade, investment, agriculture, skill development and multilateral affairs during a meeting in Rabat between Bangladesh’s State Minister for Foreign Affairs, Shama Obaed Islam, and Morocco’s Foreign Minister, Nasser Bourita.

Islam later met Morocco’s Minister of Industry and Trade, Ryad Mezzour, and proposed the exchange of business delegations to enhance bilateral commercial engagement. Mezzour expressed interest in sending a business delegation to Bangladesh by the end of the year.

Morocco and Bangladesh recently agreed to deepen cooperation in trade, investment, agriculture, skill development and multilateral affairs when the latter’s State Minister for Foreign Affairs Shama Obaed Islam met the former’s Foreign Minister Nasser Bourita in Rabat.
Islam reiterated Bangladesh’s interest in promoting eco-friendly jute and jute goods in the Moroccan market.

Islam reiterated Bangladesh’s interest in promoting eco-friendly jute and jute goods in the Moroccan market, according to Bangladesh media outlets.

The Association of Ghana Apparel Manufacturers (AGAM) recently called for a national procurement policy for garments and textiles, saying such a step may create over 100,000 jobs.

If the government makes it compulsory for state institutions to procure uniforms and other garments from domestic manufacturers, the apparel sector can absorb thousands of unemployed youth, AGAM national coordinator Nana Poquah Adiamah said.

The Association of Ghana Apparel Manufacturers (AGAM) recently called for a national procurement policy for garments and textiles, saying such a step may create over 100,000 jobs.
If the government makes it compulsory for state institutions to procure uniforms and other garments from domestic manufacturers, the apparel sector can absorb thousands of unemployed youth, AGAM noted.

The proposed policy should initially target uniforms for schools, security services, health institutions and other public sector agencies, she said.

Addressing a dialogue on such a procurement policy in Kumasi, she said women constituted 70-85 per cent of ownership, management, workforce and supply chains within the garment manufacturing industry.

Though Ghana has a Public Procurement Act and domestic procurement provisions, strong enforcement is lacking.

She said Ghana spends over $200 million annually on imported garments and apparel, draining scarce foreign exchange that could otherwise support domestic industries and job creation, according to a domestic media outlet.

Despite significant investments in skills development, factory expansion and global compliance standards, many domestic garment factories are operating below 40 per cent of their production capacity due to lack of orders, she added.

Fibre2Fashion News Desk (DS)