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O aramark For Immediate Release O Inquiries : Felise Kissell ( 215 ) 409-7287 Kissell-Felise@aramark.com SUMMARY Effective cash flow management led to ongoing strong cash availability • Cash used in operating activities improved $ 194 million and Free Cash Flow improved $ 225 million compared to prior year period Approximately $ 2.4 billion cash availability at quarter - end Scott Sullivan ( 215 ) 238-3953 Sullivan-Scott1@aramark.com Aramark Reports First Quarter Earnings Revenue ( 35 ) % ; Organic Revenue ( 36 ) % • Stable sequential quarterly revenue performance versus prior year across all segments • Continued to partner with clients in preparation for business reemergence EPS of $ ( 0.32 ) ; Adjusted EPS of $ ( 0.31 ) Disciplined cost management while investing in growth resources • Favorable AOI drop - through consistent with Company's expectations ; leveraged flexible operating model Company promotes ownership mindset within organization Adopted Employee Stock Purchase Plan subsequent to quarter - end ; encourages employee stock ownership more broadly across organization Philadelphia , PA , February 9 , 2021 - Aramark ( NYSE : ARMK ) today reported first quarter fiscal 2021 results . Page 1 " The resilience of our business through this dynamic period is rooted in the exceptional performance of our people on the front - lines , serving clients — many of which are essential businesses - across the globe , " said John Zillmer , Aramark's Chief Executive Officer . " It has been remarkable to watch our team pull together in the face of such adversity , and I am proud of what we have been able to achieve as a result . Our ability to stabilize revenue , improve cash flow and maintain a steadfast commitment to cost discipline , has enabled us to navigate the COVID environment with a strong liquidity position and we believe Aramark is poised for success as the recovery across our business segments occurs . "