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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Kelly Services, Inc. (KELYA) CEO Peter Quigley on Q4 2020 Results - Earnings Call Transcript

Shares of Kelly Services (NASDAQ:KELYA) were unchanged after the company reported Q4 results. Quarterly Results Earnings per share fell 38.81% year over year to $0.41, which beat the estimate of $0.27.

Recap: Kelly Services Q4 Earnings

Kelly® Reports Fourth-Quarter and Full-Year Earnings

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Kelly Education, the Nation's Largest Education Talent Provider, Launches Tutoring Solutions

TROY, Mich., Feb. 04, 2021 (GLOBE NEWSWIRE) -- Kelly (Nasdaq: KELYA) (Nasdaq: KELYB), a leading specialty talent solutions provider, will release its fourth quarter and full year earnings before the market opens on Thursday, February 18, 2021. The company is hosting a conference call at 9:00 a.m. ET.

Kelly® Announces Fourth Quarter and Full Year Conference Call

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Kelly Education Announces Critical Solution to Address the Teacher Shortage

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Should Value Investors Buy Kelly Services (KELYA) Stock?

TROY, Mich., Dec. 09, 2020 (GLOBE NEWSWIRE) -- After a successful 20-year career in the staffing industry – the last 13 years spent with Kelly – Deb Thorpe will be retiring in January 2021 from her role as president of Kelly's Professional & Industrial (P&I) business unit. A respected industry veteran, Thorpe's deep operational expertise and positive leadership style earned her a reputation as a problem-solver who rallied teams to achieve results in the face of change. 

Kelly® Professional & Industrial Business Unit Executive Announces Retirement; Ushers in Successor

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TROY, Mich., Nov. 23, 2020 (GLOBE NEWSWIRE) -- Kelly (Nasdaq: KELYA, KELYB) today announced the acquisition of Greenwood/Asher & Associates, Inc., an executive search firm specializing primarily in higher education. Terms of the acquisition, which were effective November 18, were not disclosed. Greenwood/Asher, headquartered in Miramar Beach, Fla., will continue to operate under its own brand. “Across the education landscape, the need for talent has never been greater, and Kelly has been diligently identifying adjacencies and growth opportunities to meet the increased demand for experienced education professionals,” said Peter Quigley, president and CEO, Kelly. “With the addition of Greenwood/Asher, we are formally expanding our solutions beyond K–12 and into the higher education space.”

Kelly® Acquires Specialty Education Executive Search Firm, Greenwood/Asher & Associates

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TROY, Mich., Nov. 12, 2020 (GLOBE NEWSWIRE) -- Kelly (Nasdaq: KELYA) (Nasdaq: KELYB), a leading specialty talent solutions provider, today announced it will participate in the J.P. Morgan Ultimate Services Investor Conference on Thursday, November 19, 2020.

Kelly® to Participate in J.P. Morgan's 2020 Ultimate Services Investor Conference

TROY, Mich., Nov. 10, 2020 (GLOBE NEWSWIRE) -- Kelly, a global leader in providing workforce solutions, today launched Kelly Discover – an all-in-one engagement platform that connects organizations with neurodiverse, opportunity talent, and under-represented talent channels for full-time and contingent roles. Available in the United States, the Diversity & Inclusion solution provides companies with consulting, training, and staffing services to help create a more diverse workforce and ensure talent success.

New Kelly Services® Solution Builds Stronger Diversity and Inclusion (D&I) Workforce for Clients

LONDON, Nov. 10, 2020 (GLOBE NEWSWIRE) -- KellyOCG ®, the outsourcing and consulting group of Kelly, today launched KellyOCG GO – a simple, powerful platform created for organisations in need of an MSP with powerful data and insights that is quick to implement. Available in the European market, the solution is designed for organisations with an MSP spend of £4-40MN or less than 300 contingent workers. KellyOCG GO is flexible enough to grow with companies' future workforce needs.

KellyOCG® and VNDLY Bring Flexible Managed Service Provider (MSP) Solution to Europe

Kelly Services, Inc.'s (KELYA) CEO Peter Quigley on Q3 2020 Results - Earnings Call Transcript

Kelly Services (KELYA) delivered earnings and revenue surprises of 262.50% and -0.37%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Kelly Services (KELYA) Q3 Earnings Beat Estimates

Kelly® Reports Third Quarter Earnings

Kelly Services (KELYA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Kelly Services (KELYA) to Report a Decline in Earnings: What to Look Out for

TROY, Mich., Oct. 22, 2020 (GLOBE NEWSWIRE) -- Kelly (Nasdaq: KELYA) (Nasdaq: KELYB), a leading specialty talent solutions provider, will release its third quarter earnings before the market opens on Thursday, November 5, 2020. The company is hosting a conference call at 9:00 a.m. ET.

Kelly® Announces Third Quarter Conference Call

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Kelly® CEO Sets Course to Upend Systemic Barriers to Employment; Urges Other Partners to Join Forces in Tackling Unjust Barriers

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News for Kelly Services Stock (KELYA)