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Business Segments
9 Months Ended
Jun. 27, 2025
Segment Reporting [Abstract]  
Business Segments BUSINESS SEGMENTS:
The Company reports its operating results in two reportable segments: FSS United States and FSS International. The Company defines its segments as those operations whose results the chief operating decision maker, identified as the Chief Executive Officer, regularly reviews to analyze performance and allocate resources. Generally, on an annual basis, approximately 84% of the global revenue is related to food services and 16% is related to facilities services.
Financial information by segment is as follows (in millions):
Three Months EndedNine Months Ended
RevenueJune 27, 2025June 28, 2024June 27, 2025June 28, 2024
FSS United States$3,247.2 $3,144.5 $9,604.6 $9,400.7 
FSS International1,379.2 1,231.6 3,853.2 3,583.1 
Total Revenue$4,626.4 $4,376.1 $13,457.8 $12,983.8 
Three Months EndedNine Months Ended
Operating IncomeJune 27, 2025June 28, 2024June 27, 2025June 28, 2024
FSS United States$160.0 $140.1 $505.4 $459.2 
FSS International49.1 52.3 154.3 141.1 
Total Segment Operating Income209.1 192.4 659.7 600.3 
Corporate(1)
(26.5)(30.7)(85.7)(112.6)
Total Operating Income$182.6 $161.7 $574.0 $487.7 
(1) Corporate includes general expenses not specifically allocated to an individual segment and share-based compensation expense for equity awards.
Three Months EndedNine Months Ended
Reconciliation to Income Before Income TaxesJune 27, 2025June 28, 2024June 27, 2025June 28, 2024
Total Operating Income$182.6 $161.7 $574.0 $487.7 
Interest Expense, net86.4 81.5 251.9 282.4 
Income Before Income Taxes$96.2 $80.2 $322.1 $205.3