-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PMNlbhioFaYgAw2u/jbFwPd/YLHlhORok9DJnpMlLNACMptlAa/8dtQotozdqMU3 6fNJGd34X0OBSoeryxosKA== 0001193125-03-078000.txt : 20031112 0001193125-03-078000.hdr.sgml : 20031111 20031112122152 ACCESSION NUMBER: 0001193125-03-078000 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20031111 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20031112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ARAMARK CORP/DE CENTRAL INDEX KEY: 0001144528 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 233086414 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16807 FILM NUMBER: 03992284 BUSINESS ADDRESS: STREET 1: ARAMARK TOWER STREET 2: 1101 MARKET STREET CITY: PHILADELPHIA STATE: PA ZIP: 19107 BUSINESS PHONE: 2152383000 FORMER COMPANY: FORMER CONFORMED NAME: ARAMARK WORLDWIDE CORP DATE OF NAME CHANGE: 20010711 8-K 1 d8k.htm ARAMARK CORPORATION--FORM 8-K Aramark Corporation--Form 8-K

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

 

Date of report (Date of earliest event reported): November 11, 2003

 

 

ARAMARK CORPORATION


(Exact name of registrant specified in charter)

 

Delaware


 

001-16807


 

23-3086414


(State or Other

Jurisdiction of

Incorporation)

 

(Commission File

Number)

 

(I.R.S. Employer

Identification No.)

 

 

1101 Market Street
Philadelphia, Pennsylvania


 

19107


(Address of Principal Executive Offices)   (Zip Code)

 

 

Registrant’s telephone number, including area code: 215-238-3000

 

 


(Former Name or Former Address, if Changed Since Last Report)

 


Item 5.    Other Events and Regulation FD Disclosure

 

On November 11, 2003, the Board of Directors of ARAMARK Corporation declared a dividend in the amount of $.05 per share, payable on December 12, 2003 to holders of record of the Company’s Class A Common Stock and Class B Common Stock at the close of business on November 24, 2003.

 

Item 7.    Financial Statements, Pro Forma Financial Information and Exhibits

 

(c)    Exhibits

 

99.1 Press Release dated November 11, 2003


SIGNATURE

 

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

       

ARAMARK CORPORATION

Date: November 11, 2003       By:   /s/    L. FREDERICK SUTHERLAND
               

Name: L. Frederick Sutherland

Title: Executive Vice President and Chief Financial Officer

 


Exhibit Index

 

Exhibit No.


  

Description


99.1   

Press Release dated November 11, 2003.

EX-99.1 3 dex991.htm PRESS RELEASE Press Release

Exhibit 99.1

 

[ARAMARK LOGO HERE]

 

NEWS

RELEASE


 

 

Media inquiries:


 

Investor/Analyst inquiries:


Michelle Davidson

Corporate Media Relations

ARAMARK Corporation

215-238-3523

 

Gary Sender

Investor Relations

ARAMARK Corporation

215-238-3361

 

 

ARAMARK BOARD OF DIRECTORS DECLARES

INITIAL QUARTERLY CASH DIVIDEND

 

Philadelphia, PA, November 11, 2003 – ARAMARK Corporation (NYSE: RMK), a world leader in managed services, today announced that its Board of Directors has declared an initial quarterly cash dividend of $0.05 per share on its Class A and Class B common stock. The dividend will be payable on December 12, 2003 to ARAMARK shareholders of record at the close of business on November 24, 2003. This is the first quarterly dividend declared since the Company’s common stock began trading on the New York Stock Exchange in December 2001 after 17 years as a private corporation.

 

Commenting on the Board’s decision to pay a quarterly cash dividend, ARAMARK Chairman and Chief Executive Officer Joseph Neubauer said, “The initiation of a quarterly dividend demonstrates the Board’s confidence in the Company’s financial condition and expectations for continued positive cash flow. The strength of ARAMARK’s cash flow enables us to provide additional value for our shareholders through both the initiation of a quarterly dividend and share repurchases, while also providing the cash necessary to finance reinvestment in our operations, maintain a prudent level of debt, and fund potential acquisitions. Moreover, changes in the tax law this year have increased the attractiveness of dividend payouts.”

 

About ARAMARK

ARAMARK is a world leader in providing managed services — including food, facility and other support services and uniform and career apparel. ARAMARK has leadership positions serving the business, education, healthcare, government and sports and recreation sectors. In FORTUNE Magazine’s 2003 survey of the “Most Admired Companies in America,” ARAMARK ranks No. 1 in the outsourcing services category and is No. 10 among all companies included in the survey by overall score as evaluated by peers within the industry. Headquartered in Philadelphia, ARAMARK has approximately 200,000 employees serving clients in 18 countries.

 


Forward-Looking Statements

The Private Securities Litigation Reform Act of 1995 provides a safe harbor from civil litigation for forward-looking statements that reflect our current views as to future events and financial performance with respect to our operations. These statements can be identified by the fact that they do not relate strictly to historical or current facts.

 

They use words such as “aim,” “anticipate,” “estimate,” “expect,” “will be,” “will continue,” “will likely result,” “project,” “intend,” “plan,” “believe” and other words and terms of similar meaning in conjunction with a discussion of future operating or financial performance.

 

Forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and other factors (many of which are beyond our control) that could cause actual results to differ materially from the future results expressed or implied by such forward-looking statements.

 

The forward-looking statements regarding such matters are based on certain assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate in the circumstances.

 

Factors that might cause such a difference include: unfavorable economic conditions, including ramifications of any future terrorist attacks; increased operating costs; shortages of qualified personnel; currency risks and other risks associated with international markets; risks associated with acquisitions, including acquisition integration costs; our ability to integrate and derive the expected benefits from recent acquisitions; competition; decline in attendance at client facilities; unpredictability of sales and expenses due to contract terms and terminations; clients’ disputes of our contract determinations; high leverage; claims relating to the provision of food services; costs of compliance with governmental regulations; liability associated with non-compliance with governmental regulations, including regulations pertaining to food services and the environment; and seasonality.

 

For further information regarding risks and uncertainties associated with ARAMARK’s business, please refer to the “Management’s Discussion and Analysis of Results of Operations and Financial Condition” and “Risk Factors” sections of ARAMARK’s SEC filings, including, but not limited to, our annual report on Form 10-K and quarterly reports on Form 10-Q, copies of which may be obtained by contacting ARAMARK’s investor relations department via its web site www.aramark.com.

 

Forward-looking statements speak only as of the date made. We undertake no obligation to update any forward-looking statements to reflect the events or circumstances arising after the date as of which they are made. As a result of these risks and uncertainties, readers are cautioned not to place undue reliance on the forward-looking statements included herein or that may be made elsewhere from time to time by, or on behalf of, us.

 

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