Aramark showed solid operating performance in the first quarter (ended Dec. 29, 2023), with revenue increasing 13% and adjusted operating income increasing 28%. Revenue growth was driven by net new business, growing base business volume, and pricing. The domestic Food and Support Services (FSS) business, the company?s largest segment, also benefited from higher spending in the Sports&Entertainment business, contract price increases in the Education sector, and increased return-to-work volume in the Business&Industry Sector. We expect these positive trends to continue and provide tailwinds in fiscal 2024 as new businesses mature and Aramark benefits from contractual pricing adjustments specifically in the corrections and higher education business. Overall, we forecast about 7% revenue growth in 2024 adjusted for
