Compass Group shares rise after revenue growth and guidance upgrade
Updated
Updated · MarketWatch · May 11
Compass Group shares rise after revenue growth and guidance upgrade
9 articles · Updated · MarketWatch · May 11
The stock climbed 3% to $30.37 in early European trade after first-half revenue increased to $25 billion from $22.6 billion.
Underlying operating margin improved 20 basis points to 7.4%, while operating profit rose 9% to $1.605 billion and underlying operating profit reached $1.84 billion.
The catering contractor lifted fiscal 2026 underlying operating profit growth guidance to above 11% from 10%, citing about 7% organic revenue growth, roughly 2% from acquisitions and further margin gains.
With hybrid work now permanent, how is the world's largest caterer still finding massive growth in office canteens?
As Compass Group buys up founder-led businesses, can it maintain the entrepreneurial magic that fuels its growth?
As AI personalizes menus, is Compass Group becoming a data company that just happens to sell food?