3 Food Service Stocks Taking A Hit From Coronavirus Closures On College Campuses [Yahoo! Finance News]
Aramark (ARMK)
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Source: Yahoo! Finance News
If you are in the business of feeding assembled masses of people, what do you do if no masses assemble? In places where people gather in large groups, they often eat. And when big gatherings don't occur in an effort to slow the spread of a pandemic virus, whether at a stadium, a convention center or a university dining hall, it could result in a hit to the bottom lines of the big food service vendors. Aramark ARMK Another food service vendor, SYSCO Corporation SYY Several college campuses across the country announced Wednesday that they're shutting down in-person classes and a few told students to leave now considers a pandemic As of noon March 11, MSU is suspending face-to-face instruction and moving coursework to virtual instruction. This suspension will last until April 20. https://t.co/QcjDiZQrHh — MSU @michiganstateu) March 11, 2020 At some universities, officials were shutting down dining services, with students expected to leave campus. It's not clear yet how many college dinin
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News
- Motiv Electric Trucks and Hudson County Motors Bring Clean, Electric Transportation to Woodbridge, New Jersey [Yahoo! Finance]Yahoo! Finance
- Food Service Market to Grow by USD 1.07 Trillion (2024-2028), Driven by Rising Demand for Dining Out, with AI Impacting Market Trends - Technavio [Yahoo! Finance]Yahoo! Finance
- Aramark (NYSE:ARMK) Has Announced A Dividend Of $0.105 [Yahoo! Finance]Yahoo! Finance
- Aramark Holdings Corp. Reports Strong Fiscal 2024 Results [Yahoo! Finance]Yahoo! Finance
- Aramark (NYSE: ARMK) had its price target raised by analysts at Stifel Nicolaus from $43.00 to $45.00. They now have a "buy" rating on the stock.MarketBeat
ARMK
Earnings
- 11/11/24 - In-Line
ARMK
Sec Filings
- 11/21/24 - Form 4
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- ARMK's page on the SEC website