Kelly Services

Kelly Services, Inc. engages in staffing and workforce solutions. It operates through the following segments: Americas Staffing, Global Talent Solutions, and International Staffing. The Americas Staffing segment delivers temporary staffing, as well as direct-hire placement services, in a number of specialty staffing services, including office, education, marketing, electronic assembly, light industrial, science, engineering, and information technology in United States, Puerto Rico, Canada, Mexico and Brazil. The Global Talent Solutions segment offers outsourcing, consulting, and centrally delivered staffing business. The International Staffing segment relates to branch-delivered staffing business in the Europe, Middle East, and Africa region, as well as in the Asia Pacific. The company was founded by William Russell Kelly on October 7, 1946 and is headquartered in Troy, MI.

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Kelly Services reports revenue growth and margin improvement in Q4

Kelly Services navigated economic headwinds in Q4 2022 with revenue growth and margin improvement.
Strategic actions and focus on cost management position the company for future growth.
Investments in technology and potential acquisitions reflect a proactive approach to challenges.
The company's liquidity and financial strength provide a foundation for strategic initiatives.

Kelly Services reports mixed Q1 performance, focuses on transformation

Kelly Services reported mixed performance in Q1 2023, with revenue declines in some segments but strong growth in Education. Transformation initiatives aim to improve margins and align resources with demand.
Despite challenges in certain segments and cost management actions, the company maintains a strong cash position and continues to invest in Education and technology. Market competition remains intense but presents opportunities for growth.
The outlook for Q2 expects flat organic revenue trends but a decline in reported revenue. Uncertainty in certain markets and segments poses challenges, while bright spots in international markets offer opportunities for growth.
Overall, Kelly Services is focused on optimizing operations, accelerating growth, and improving margins through strategic initiatives and investments in technology and education. The company aims to navigate challenges and leverage opportunities for future success.

Kelly Services reports Q2 revenue decline, eyes acquisitions for growth

Kelly Services faced revenue decline but maintained a strong cash position and executed share repurchases.
Challenges include segment-specific revenue decreases and margin pressures.
Opportunities lie in transformation initiatives, targeted acquisitions, and improving EBITDA margin.
The company's strategic focus on efficiency and growth sets the stage for future profitability.

Kelly Services sells European business, focuses on high-margin growth

Kelly Services strategically divests European staffing business for higher-margin focus globally.
Despite challenges, the company aims for margin improvement and efficient capital deployment.
Efficiency initiatives and technology investments drive growth opportunities in key sectors.
Focused on quality acquisitions and strategic capital deployment for future growth.

Kelly Services reports stable earnings, eyes tech sector acquisitions

Kelly Services navigated challenging market conditions in 2023 with a focus on growth and efficiency.
Despite revenue declines in certain segments, the company showed resilience with strong performance in education.
Stable margins, strong cash position, and a focus on strategic acquisitions position Kelly Services for future growth.
The company's emphasis on AI adoption and customer-driven initiatives reflects a forward-looking approach to enhancing operations.

Kelly Services acquires Motion Recruitment Partners to drive growth

Kelly Services' Q1 2024 performance was impacted by the sale of the European staffing business, but the company remains focused on growth and efficiency.
The acquisition of Motion Recruitment Partners aims to enhance Kelly's capabilities and drive revenue growth, positioning the company for future success.
Despite challenges in finding attractive targets, Kelly Services maintains a strong balance sheet and is optimistic about future opportunities in the industry.

Kelly Services reports stable Q3 earnings, eyes growth opportunities ahead

Kelly Services' Q3 performance showcased stability and growth in key business segments, with a focus on revenue and margin improvement for the upcoming quarter. Analyst inquiries and management insights highlighted areas of strength, challenges, and opportunities for the company.

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Kelly Services, Inc. engages in the provision of talent solutions. It operates through the following segments: Professional and Industrial, Science, Engineering, and Technology, Education, Outsourcing and Consulting, and International. The Professional and Industrial segment includes the provision of administrative, accounting and finance, light industrial, contact center staffing, and other workforce solutions. The Science, Engineering, and Technology segment focuses on staffing, outcome-based, permanent placement services, clinical research, and telecommunications. The Education segment involves offering education and therapy services talent through staffing, permanent placement, and executive search services to Pre-K-12 school districts and organizations. The Outsourcing and Consulting segment consists of global talent supply chain and workforce solutions, including Managed Service Provider (MSP), Recruitment Process Outsourcing (RPO), Payroll Process Outsourcing (PPO), and executive coaching programs. The company was founded by William Russell Kelly on October 7, 1946 and is headquartered in Troy, MI.

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Strategic redeployment of capital from recent APAC transactions accelerates Kelly's specialty growth strategy Expands Kelly Education's industry-leading K-12 solutions offering Creates growth opportunities in the $20-billion therapeutic services segment   TROY, Mich. , May 3, 2022 /PRNewswire/ -- Kelly (Nasdaq: KELYA) (Nasdaq: KELYB) today announced that it has acquired Pediatric Therapeutic Services (PTS), a specialty firm that provides state and federally mandated in-school therapy services including occupational therapy, physical therapy, speech-language pathology, and mental and behavioral health services.

Kelly Redeploys Capital to Expand Education Business through Acquisition of Pediatric Therapeutic Services

TROY, Mich. , April 28, 2022 /PRNewswire/ -- Kelly ®  (Nasdaq: KELYA, KELYB), a leading specialty talent solutions provider, will release its first-quarter earnings before the market opens on Thursday, May 12, 2022.

KELLY® ANNOUNCES FIRST-QUARTER CONFERENCE CALL

Company's diversity, equity and inclusion initiatives result in prestigious recognition TROY, Mich. , April 27, 2022 /PRNewswire/ -- Diversity, equity and inclusion (DEI) is at the foundation of the Kelly® "Noble Purpose," the company's commitment to expand employment opportunities and connect job seekers of all backgrounds to work in ways that enrich their lives.

Kelly® Named to Forbes List of America's Best Employers for Diversity

TROY, Mich. , April 12, 2022  /PRNewswire/ -- Kelly® (Nasdaq: KELYA, KELYB), a leading specialty talent solutions provider, today announced its president and CEO, Peter Quigley, and executive vice president and CFO, Olivier Thirot, will be presenting at NobleCon18, Noble Capital Markets' Eighteenth Annual Investor Conference at the Hard Rock Hotel & Casino, Hollywood, Florida on Wednesday, April 20, 2022 at 10:30 a.m.

KELLY® PRESENTS AT NOBLECON18 - NOBLE CAPITAL MARKETS' EIGHTEENTH ANNUAL INVESTOR CONFERENCE

TROY, Mich., March 17, 2022 /PRNewswire/ -- Kelly (Nasdaq: KELYA, KELYB), a leading specialty talent solutions provider, today announced it will participate in the Sidoti Virtual Investor Conference on Wednesday, March 23 and Thursday, March 24, 2022.

KELLY® TO PARTICIPATE IN THE SIDOTI VIRTUAL INVESTOR CONFERENCE

Shares of Kelly Services Inc. KELYA, -3.06% dropped 3.4% in morning trading Thursday, after the staffing services company disclosed that its Russia operations could have its revenue "substantially" reduced by sanctions imposed after Russia's invasion of Ukraine and as some of its service providers and customers have suspended services in the country. The company said it recorded $132.2 million in revenue from Russia in 2021, or 2.7% of total revenue.

Kelly Services has 8,400 employees in Russia, none in Ukraine

TROY, Mich., March 9, 2022 /PRNewswire/ -- Kelly® (Nasdaq: KELYA) (Nasdaq: KELYB) today announced that it has acquired RocketPower, a leading provider of Recruitment Process Outsourcing (RPO) and other outsourced talent solutions.

Kelly® Strengthens RPO Practice with the Acquisition of RocketPower

TROY, Mich., Feb. 16, 2022 /PRNewswire/ -- Kelly ® (Nasdaq: KELYA, KELYB), a leading specialty talent solutions provider, today announced that its Board of Directors has declared a quarterly dividend of $0.05 per share on Kelly Services Class A and Class B common stock.

KELLY® DECLARES QUARTERLY DIVIDEND

Kelly Services, Inc. (KELYA) CEO Peter Quigley on Q4 2021 Results - Earnings Call Transcript

TROY, Mich., Feb. 14, 2022 /PRNewswire/ -- Kelly ® (Nasdaq: KELYA, KELYB), a leading specialty talent solutions provider, today announced results for the fourth quarter and full year of 2021.

KELLY® REPORTS FOURTH-QUARTER AND FULL-YEAR EARNINGS 2021

TROY, Mich., Jan. 31, 2022 (GLOBE NEWSWIRE) -- Kelly (Nasdaq: KELYA, KELYB), a leading specialty talent solutions provider, will release its fourth-quarter and full-year earnings before the market opens on Monday, February 14, 2022. In conjunction with its fourth-quarter and full-year earnings release, Kelly will publish a financial presentation on the Investor Relations page of its public website and will host a conference call at 9 a.m. ET.

Kelly® Announces Fourth-Quarter and Full-Year Conference Call

Company recognized among Best Places to Work for LGBTQ+ Equality for fifth consecutive year Company recognized among Best Places to Work for LGBTQ+ Equality for fifth consecutive year

Kelly® Earns Top Score in Human Rights Campaign Foundation's 2022 Corporate Equality Index

One of only eight employers to make FlexJobs' annual list every year since 2014 One of only eight employers to make FlexJobs' annual list every year since 2014

Kelly® Named a Top Company to Watch for Remote Jobs in 2022

TROY, Mich., Jan. 18, 2022 (GLOBE NEWSWIRE) -- The board of directors of Kelly Services, Inc. (Nasdaq: KELYA, KELYB) recently elected Amala Duggirala, executive vice president, enterprise chief information officer at USAA, and InaMarie Johnson, former chief people and diversity officer, Zendesk, to the company's board.

Kelly Services® Elects Two New Board Members

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Kelly Services: A Case Study of a Reliable Short-Term Strategy

Kelly Services: A Case Study of a Reliable Trading Strategy

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New flexible platforms support companies' variable hiring needs New flexible platforms support companies' variable hiring needs

KellyOCG® Launches Recruitment Process Outsourcing (RPO) Solutions Connecting Companies to Talent Faster

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Company recognized for its commitment to recruiting and promoting veterans and their spouses Company recognized for its commitment to recruiting and promoting veterans and their spouses

Kelly® Earns 2022 Military Friendly® Employer Designation

Kelly Services, Inc. (KELYA) CEO Peter Quigley on Q3 2021 Results - Earnings Call Transcript

Shares of Kelly Services Inc. KELYA, -9.49% tumbled 9.5% in afternoon trading Wednesday, after the staffing services company reported third-quarter profit and revenue that rose less than forecast, and lowered its full-year outlook, amid a historically tight labor market. Net income more than doubled to $34.8 million, or 87 cents a share, from $16.7 million, or 42 cents a share, in the year-ago period.

News for Kelly Services Stock (KELYA)