Jobs: Flexibility is key to retaining talent, says Kelly Services CEO
- A recent survey from Kelly Services found that 28% of employees are likely to quit their jobs in the next year, while 45% say they are doing the bare minimum at work. Kelly Services CEO Peter Quigley joins Yahoo Finance Live to discuss the latest jobs report and how companies can retain talent.
- 07/07/2023
|
Kelly to Participate in the Sidoti Virtual Investor Conference
- TROY, Mich. , June 7, 2023 /PRNewswire/ -- Kelly (Nasdaq: KELYA, KELYB), a leading specialty talent solutions provider, today announced it will participate in the Sidoti Virtual Investor Conference on Wednesday, June 14, 2023.
- 06/07/2023
|
Kelly Services, Inc. (KELYA) Q1 2023 Earnings Call Transcript
- Kelly Services, Inc. (NASDAQ:KELYA ) Q1 2023 Earnings Conference Call May 11, 2023 9:00 AM ET Company Participants Peter Quigley - President and Chief Executive Officer Olivier Thirot - Chief Financial Officer Conference Call Participants Joe Gomes - Noble Capital Kartik Mehta - Northcoast Research Kevin Steinke - Barrington Research Mitra Ramgopal - Sidoti Operator Good morning, and welcome to Kelly Services First Quarter Earnings Conference Call. All parties will be on listen-only until the question-and-answer portion of the presentation.
- 05/11/2023
|
Kelly Services stock rallies after revenue falls but beat expectations, while staffing business faces decreased demand
- Shares of Kelly Services Inc. KELYA rose 2.3% in premarket trading Thursday, after the staffing services company reported first-quarter adjusted profit and revenue that fell less than expectations, citing strength in its education business. The company swung to net income of $10.9 million, or 29 cents a share, from a loss of $47.6 million, or $1.23 a share, in the year-ago period.
- 05/11/2023
|
Kelly Announces First-Quarter Conference Call
- TROY, Mich. , April 27, 2023 /PRNewswire/ -- Kelly , a leading specialty talent solutions provider, will release its first-quarter earnings before the market opens on Thursday, May 11, 2023.
- 04/27/2023
|
Kelly Services, Inc. (KELYA) Q4 2022 Earnings Call Transcript
- Kelly Services, Inc. (NASDAQ:KELYA ) Q4 2022 Earnings Conference Call February 16, 2023 9:00 AM ET Company Participants Peter Quigley - President, CEO & Director Olivier Thirot - EVP & CFO Conference Call Participants Joseph Gomes - NOBLE Capital Markets Kevin Steinke - Barrington Research Associates Jack Boyle - Northcoast Research Mitra Ramgopal - Sidoti & Company Operator Good morning, and welcome to the Kelly Services' Fourth Quarter Full Year 2022 Earnings Conference Call. [Operator Instructions].
- 02/16/2023
|
Kelly Services: A Bet On Education, Undervalued
- Kelly Services connects companies with workers and facilitates the selection process. I am quite optimistic about the future of Helix UX, which offers talent selection across different cloud-based talent pools.
- 02/09/2023
|
Kelly to Participate in the Sidoti Virtual Investor Conference
- TROY, Mich. , Nov. 30, 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, December 7, 2022.
- 11/30/2022
|
Kelly Services, Inc. (KELYA) Q3 2022 Earnings Call Transcript
- Kelly Services, Inc. (NASDAQ:KELYA ) Q3 2022 Earnings Conference Call November 10, 2022 9:00 AM ET Company Participants Peter Quigley - President & Chief Executive Officer Olivier Thirot - Chief Financial Officer Conference Call Participants Joe Gomes - NOBLE Capital Kevin Steinke - Barrington Research Kartik Mehta - Northcoast Research Mitra Ramgopal - Sidoti Operator Ladies and gentlemen, thank you for standing by. Good morning, and welcome to Kelly Services Third Quarter Earnings Conference Call.
- 11/10/2022
|
Kelly Services, Inc. (KELYA) CEO Peter Quigley on Q2 2022 Results - Earnings Call Transcript
- Kelly Services, Inc. (NASDAQ:KELYA ) Q2 2022 Earnings Conference Call August 11, 2022 9:00 AM ET Company Participants Peter Quigley - President, CEO & Director Olivier Thirot - EVP & CFO Conference Call Participants Kartik Mehta - Northcoast Research Partners Lalishwar Ramgopal - Sidoti & Company Joseph Gomes - NOBLE Capital Markets Kevin Steinke - Barrington Research Associates Operator Good morning, and welcome to Kelly Services' Second Quarter Earnings Conference Call. [Operator Instructions].
- 08/12/2022
|
Kelly Announces Second-Quarter Conference Call
- TROY, Mich. , July 28, 2022 /PRNewswire/ -- Kelly (Nasdaq: KELYA, KELYB), a leading specialty talent solutions provider, will release its second-quarter earnings before the market opens on Thursday, August 11, 2022.
- 07/28/2022
|
Kelly Services, Inc. (KELYA) CEO Peter Quigley on Q1 2022 Results - Earnings Call Transcript
- Kelly Services, Inc. (NASDAQ:KELYA ) Q1 2022 Earnings Conference Call May 12, 2022 9:00 AM ET Company Participants Peter Quigley - President & CEO Olivier Thirot - CFO Conference Call Participants Kevin Steinke - Barrington Research Joe Gomes - NOBLE Capital Operator Good morning, and welcome to Kelly Services' First Quarter Earnings Conference Call. All parties will be on listen-only until the question-and-answer portion of the presentation.
- 05/12/2022
|
Kelly Services beats profit and revenue expectations, boosts dividend to lift yield above the S&P 500
- Shares of Kelly Services Inc. KELYA, -1.51% were indicated up more than 3% in premarket trading Thursday, after the staffing services company beat profit and revenue expectations and boosted its dividend by 50%. The company swung to a net loss of $47.6 million, or $1.23 a share, from income of $25.6 million, or 64 cents a share, in the year-ago period.
- 05/12/2022
|
KELLY® TO PARTICIPATE IN THE SIDOTI VIRTUAL 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.
- 03/17/2022
|
Kelly Services has 8,400 employees in Russia, none in Ukraine
- 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.
- 03/10/2022
|
Kelly Services, Inc. (KELYA) CEO Peter Quigley on Q4 2021 Results - Earnings Call Transcript
- Kelly Services, Inc. (KELYA) CEO Peter Quigley on Q4 2021 Results - Earnings Call Transcript
- 02/14/2022
|
Kelly Services: A Case Study of a Reliable Short-Term Strategy
- Many stocks have a pattern to them. With growth stocks, it can be a steady upwards trend with few interruptions.
- 12/21/2021
|
Kelly Services, Inc. (KELYA) CEO Peter Quigley on Q3 2021 Results - Earnings Call Transcript
- Kelly Services, Inc. (KELYA) CEO Peter Quigley on Q3 2021 Results - Earnings Call Transcript
- 11/10/2021
|
Kelly Services stock tumbles as profit and revenue miss mark amid 'tight' labor conditions
- 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.
- 11/10/2021
|
Kelly Services (KELYA) Lags Q3 Earnings and Revenue Estimates
- Kelly Services (KELYA) delivered earnings and revenue surprises of -13.79% and -4.20%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
- 11/10/2021
|
Kelly Services CEO 'struck' by labor force participation data
- Peter Quigley, Kelly Services CEO joins 'Power Lunch' to help clarify Friday's jobs report, why it fell short of expectations and research Kelly Services is doing to understand the jobs picture.
- 10/08/2021
|
Is Kelly Services a Suitable Stock for Value Investors?
- Let's see if Kelly Services (KELYA) stock is a good choice for value-oriented investors right now from multiple angles.
- 09/30/2021
|
There's a ‘mismatch' in demand for workers and supply: Kelly Services CEO
- Kelly Services CEO Peter Quigley joins Yahoo Finance's Akiko Fujita to discuss the state of the labor market. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb179GLPNYE Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: https://youtu.be/gx-OzwHpM9k
- 09/01/2021
|
Kelly Services, Inc. (KELYA) CEO Peter Quigley on Q2 2021 Results - Earnings Call Transcript
- Kelly Services, Inc. (KELYA) CEO Peter Quigley on Q2 2021 Results - Earnings Call Transcript
- 08/12/2021
|
Kelly Services: Q2 Earnings Insights
- Shares of Kelly Services (NASDAQ:KELYA) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share decreased 3.92% year over year to $0.49, which beat the estimate of $0.34.
- 08/12/2021
|
New Research Suggests Pandemic Learning Loss Recovery Will Require Largest Number of Tutors in U.S. History
- But the pipeline for qualified tutors could be a roadblock for administrators But the pipeline for qualified tutors could be a roadblock for administrators
- 08/09/2021
|
Mismatch in needs of companies and employees: Kelly CEO
- Peter Quigley, Kelly CEO and president, joins 'Power Lunch' to discuss the workforce issues companies are facing and why there is slow hiring in the labor market.
- 05/17/2021
|
Kelly Services, Inc. (KELYA) CEO Peter Quigley on Q1 2021 Results - Earnings Call Transcript
- Kelly Services, Inc. (KELYA) CEO Peter Quigley on Q1 2021 Results - Earnings Call Transcript
- 05/14/2021
|
Kelly Services (KELYA) Q1 Earnings and Revenues Beat Estimates
- Kelly Services (KELYA) delivered earnings and revenue surprises of 9.09% and 1.75%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
- 05/13/2021
|
The Bottom Fishing Club: Kelly Services
- Kelly's business sales and profitability should pick up strongly in 2021 as the pandemic ends.
- 02/25/2021
|
Kelly Services, Inc. (KELYA) CEO Peter Quigley on Q4 2020 Results - Earnings Call Transcript
- Kelly Services, Inc. (KELYA) CEO Peter Quigley on Q4 2020 Results - Earnings Call Transcript
- 02/18/2021
|
Recap: Kelly Services Q4 Earnings
- 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.
- 02/18/2021
|
Kelly® Reports Fourth-Quarter and Full-Year Earnings
- Financial Highlights
- 02/18/2021
|
Kelly Education, the Nation's Largest Education Talent Provider, Launches Tutoring Solutions
- New service aligns with curriculum inside schools New service aligns with curriculum inside schools
- 02/10/2021
|
Kelly® Announces Fourth Quarter and Full Year Conference Call
- 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.
- 02/04/2021
|
Kelly Education Announces Critical Solution to Address the Teacher Shortage
- Partnership with Teachers of Tomorrow lets future teachers “earn while learning” Partnership with Teachers of Tomorrow lets future teachers “earn while learning”
- 02/03/2021
|
Should Value Investors Buy Kelly Services (KELYA) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 12/24/2020
|
Kelly® Professional & Industrial Business Unit Executive Announces Retirement; Ushers in Successor
- 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.
- 12/09/2020
|
Kelly® Acquires Specialty Education Executive Search Firm, Greenwood/Asher & Associates
- 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.”
- 11/23/2020
|
Substitute Teachers Emerge as Heroes During the Pandemic
- Parents, unemployed professionals and college students needed in New Jersey schools Parents, unemployed professionals and college students needed in New Jersey schools
- 11/19/2020
|
Kelly® to Participate in J.P. Morgan's 2020 Ultimate Services Investor Conference
- 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.
- 11/12/2020
|
New Kelly Services® Solution Builds Stronger Diversity and Inclusion (D&I) Workforce for Clients
- 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.
- 11/10/2020
|
Kelly Services, Inc.'s (KELYA) CEO Peter Quigley on Q3 2020 Results - Earnings Call Transcript
- Kelly Services, Inc.'s (KELYA) CEO Peter Quigley on Q3 2020 Results - Earnings Call Transcript
- 11/07/2020
|
Kelly® Reports Third Quarter Earnings
- Financial Highlights
- 11/05/2020
|
Shorting Kelly Services To Go Long On BG Staffing
|
Wall Street Breakfast: The Week Ahead
- Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify.
- 09/05/2020
|
Should Value Investors Buy Kelly Services (KELYA) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 08/14/2020
|
Kelly (KELYA) Looks Good: Stock Adds 7.2% in Session
- Kelly (KELYA) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.
- 08/12/2020
|
Kelly® Announces Appointment of New Chief HR Officer and Creation of Chief Talent Officer Position
- Chief HR Officer Amy Bouque Chief Talent Officer Jocelyn Lincoln * Kelly creates staffing industry’s first Chief Talent Officer role to focus exclusively on the temporary worker experience * Chief HR Officer to drive the company’s full-time employee strategy TROY, Mich., Aug. 10, 2020 (GLOBE NEWSWIRE) -- Kelly has been doubling down on its commitment to talent in 2020, and today announced two key executives tasked with delivering on that promise. The company named Amy Bouque as its new Chief HR Officer focused on full-time employees, and Jocelyn Lincoln as Chief Talent Officer focused on the temporary worker experience. “Kelly has two distinct sets of talent: the full-time employees who power our organization, and the temporary and independent workers whom we assign to clients. We’re passionate about the success of both groups. Both are absolutely essential to Kelly’s and our clients’ growth, and both deserve a dedicated executive focused on their success,” said CEO Peter Quigley. “We’ve always valued the CHRO role, and now the new Chief Talent Officer role confirms just how serious we are about delivering industry-leading experiences for our temporary workers.” Chief HR Officer Amy Bouque joins Kelly from Ally Financial Inc., a leading digital financial services company, where she has served as Executive Director of Talent Management since 2014. Bouque was instrumental in influencing Ally’s human capital strategy during her 12-year tenure, serving as a trusted advisor to executives and contributing to the company’s benchmark-beating employee engagement, culture, and diversity & inclusion results. In addition to leading grassroot efforts for multiple employee resource groups, she personally mentored numerous colleagues and played a key role in the build-out of the company’s D&I framework. Bouque also led the design and deployment of Ally’s employee and leadership development efforts, as well as oversaw the launch of a variety of recognition programs designed to drive engagement and growth. Her passion for helping people succeed extends beyond the business.Bouque is equally committed to lifting up the communities in which she lives and works, currently serving as board president and founding member of Impact 100 Metro Detroit, a women’s collective giving organization that awards high-impact grants to up-and-coming nonprofits. Prior to joining Ally in 2008 as an HR Director, Bouque spent six years in HR at DTE Energy. “I’m thrilled to be joining the workforce solutions industry at such a pivotal time,” said Bouque. “Kelly’s full-time talent has an unrivaled reputation for going above and beyond to connect people with work that enriches their lives. The work they do is truly noble, and I’m honored to lead the development of HR practices that will accelerate their growth and success.” Bouque will officially join Kelly on September 8. Chief Talent Officer Jocelyn Lincoln has deep industry expertise and a proven passion for the temporary workforce, having spent 21 years leading numerous marketing and candidate-focused teams at Kelly, most recently as Vice President of Global Business Planning and Experience. The two disciplines—marketing and talent—blend seamlessly in Lincoln’s mind. “Our team works to translate the growth objectives of the business into fresh, innovative marketing strategies that drive results. At the center of it all live two constituencies: our customers and the talent. Each temporary worker is a customer who brings unique experiences, goals, and expectations to their career journey. At Kelly, our goal is to connect our talent to world-class organizations and ensure they have the best ‘customer experience’ possible – leaving them delighted with Kelly, whether we’re one stop on their career journey or they work with us for 40 years.” To deliver that elevated experience, Lincoln will be responsible for designing systems and processes that streamline, personalize, and transform how Kelly connects with temporary workers at every touchpoint – from digital storefronts to onboarding, career development, performance management, benefit packages, and more. Lincoln is uniquely suited for the role, which demands a keen understanding of temporary workers’ diverse motivations and the ability to keep human connections at the heart of a fast-paced digital strategy. She has balanced both the art and science of talent throughout her career. As head of marketing for Kelly’s largest operating segment, Lincoln led teams responsible for candidate and client-facing programs, product development, employer brand strategy, and social advocacy. She went on to lead Kelly's sourcing and recruiting strategy for the Americas region; assumed ownership of the candidate experience; and managed the company’s online recruitment partnerships. Most recently, Lincoln led a team that manages experience design; recruitment marketing; demand generation; translation of customer insights into marketing messaging; and product, cross-channel, and account-based marketing. Lincoln is a highly respected leader and sought-after expert both inside and outside of Kelly. She frequently presents to Kelly’s Fortune 100 clients and at leading industry events, advising on future talent trends, supply and demand dynamics, and emerging workstyle preferences. She is a founding member of Kelly’s Leadership in Action business resource group, dedicated to developing current and future leaders in the global marketplace. She is also a member of CALIBR, an affiliate of the Executive Leadership Council, and a member of the mentoring committee for Pretty Brown Girls, a fast-growing nonprofit focused on the well-being of girls of color. Quigley acknowledges that Bouque and Lincoln are stepping into their roles during a tumultuous time for talent. “Connecting people with work has never been more urgent than it is today,” he observed, “and we’re seeing the future of work being rewritten in real time. Amy and Jocelyn will lead a transformation for all of Kelly’s people—full-time and temporary employees—with the firm belief that our workforce, our clients, our company, and our communities will all thrive together.” About Kelly®Kelly connects talented people to companies in need of their skills in areas including Science, Engineering, Education, Office, Contact Center, Light Industrial, and more. We’re always thinking about what’s next in the evolving world of work, and we help people ditch the script on old ways of thinking and embrace the value of all workstyles in the workplace. We directly employ nearly 440,000 people around the world, and we connect thousands more with work through our global network of talent suppliers and partners in our outsourcing and consulting practice. Visit kellyservices.com and let us help with what’s next for you.Media Contact: Jane Stehney Kelly 248-574-9800 stehnja@kellyservices.com Analyst Contact: Jim Polehna Kelly 248-244-4586 polehjm@kellyservices.com Photos accompanying this announcement are available athttps://www.globenewswire.com/NewsRoom/AttachmentNg/e52e0ec7-5426-4175-b356-2e1f833609abhttps://www.globenewswire.com/NewsRoom/AttachmentNg/55a0c75b-d1cd-40f6-972d-746054520c0e
- 08/10/2020
|
Kelly Services (KELYA) Tops Q2 Earnings Estimates
- Kelly Services (KELYA) delivered earnings and revenue surprises of 383.33% and -5.05%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- 08/06/2020
|
Kelly® Reports Second Quarter Earnings
- Financial Highlights * Q2 revenue declined 28.7% or 27.7% in constant currency * Q2 operating earnings of $11.1 million, down 68.2%, or down 50.4% as adjusted * Q2 earnings per share of $1.04, down 50.9%, or down 37.0% as adjustedTROY, Mich., Aug. 06, 2020 (GLOBE NEWSWIRE) -- Kelly (Nasdaq: KELYA) (Nasdaq: KELYB), a leading specialty talent solutions provider, today announced results for the second quarter of 2020.Peter Quigley, president and chief executive officer, announced revenue for the second quarter of 2020 totaled $1.0 billion, a 28.7% decline, or 27.7% in constant currency, compared to the corresponding quarter of 2019. Revenues declined as a result of lower demand during the quarter as customers reacted to the COVID-19 crisis.Earnings from operations for the second quarter of 2020 totaled $11.1 million, compared to the $34.8 million reported for the second quarter of 2019. The 2020 second quarter results include an adjustment to restructuring charges, and the second quarter of 2019 results included an adjustment to restructuring charges and a $12.3 million gain on sale of assets. On an adjusted basis, earnings from operations were $10.9 million compared to $21.9 million in the corresponding quarter of 2019.Diluted earnings per share in the second quarter of 2020 were $1.04 compared to earnings per share of $2.12 in the second quarter of 2019. Included in the earnings per share in the second quarter of 2020 is a non-cash gain, net of tax, on Kelly’s investment in Persol Holdings common stock of $0.52. Included in the earnings per share in the second quarter of 2019 is $1.07 from a non-cash gain per share on Kelly’s investment in Persol Holdings common stock, net of tax, gain on sale of assets, net of tax of $0.23, and a $0.01 per share adjustment to restructuring charges, net of tax. On an adjusted basis, earnings per share were $0.51 for the second quarter of 2020 compared to $0.81 for the corresponding quarter of 2019.“The impact of COVID-19 continued throughout the second quarter as closures and widespread uncertainty resulted in reduced customer demand and lower top-line growth,” stated Quigley. “Amid this unprecedented environment, Kelly initiated several quick and decisive actions to protect its profitability and liquidity and captured available upside in resilient, high-margin areas of our business. While we continue to closely manage the impact of the pandemic, we’re making steady progress on our strategy toward specialization. We stayed on schedule in deploying our new front office technology and we’re now organized as five specialty businesses based on the skill sets modern organizations need to grow and thrive. I believe these are important steps in setting the stage for a more profitable and resilient portfolio in the post-pandemic world. I’m proud that Kelly’s teams have continued to advance our strategy during this stressful time while taking care of our talent and customers with speed and agility.”In conjunction with its second quarter earnings release, Kelly has published a financial presentation on the Investor Relations page of its public website and will host a conference call at 9:00 a.m. (ET) on August 6 to review the results and answer questions. The call may be accessed in one of the following ways:Via the Internet: Kellyservices.comVia the Telephone (877) 692-8955 (toll free) or (234) 720-6979 (caller paid) Enter access code 5728672 After the prompt, please enter “”A recording of the conference call will be available after 2:30 p.m. ET on August 6, 2020 at (866) 207-1041 (toll-free) and (402) 970-0847 (caller-paid). The access code is 7745119. The recording will also be available at kellyservices.com during this period.This release contains statements that are forward looking in nature and, accordingly, are subject to risks and uncertainties. These factors include, but are not limited to, the recent novel coronavirus (COVID-19) outbreak, competitive market pressures including pricing and technology introductions and disruptions, changing market and economic conditions, our ability to achieve our business strategy, the risk of damage to our brand, the risk our intellectual property assets could be infringed upon or compromised, our ability to successfully develop new service offerings, our exposure to risks associated with services outside traditional staffing, including business process outsourcing and services connecting talent to independent work, our increasing dependency on third parties for the execution of critical functions, the risks associated with past and future acquisitions, exposure to risks associated with investments in equity affiliates including PersolKelly Pte. Ltd., material changes in demand from or loss of large corporate customers as well as changes in their buying practices, risks particular to doing business with government or government contractors, risks associated with conducting business in foreign countries, including foreign currency fluctuations, the exposure to potential market and currency exchange risks relating to our investment in Persol Holdings, risks associated with violations of anti-corruption, trade protection and other laws and regulations, availability of qualified full-time employees, availability of temporary workers with appropriate skills required by customers, liabilities for employment-related claims and losses, including class action lawsuits and collective actions, risks arising from failure to preserve the privacy of information entrusted to us or to meet our obligations under global privacy laws, the risk of cyberattacks or other breaches of network or information technology security, our ability to sustain critical business applications through our key data centers, our ability to effectively implement and manage our information technology projects, our ability to maintain adequate financial and management processes and controls, risk of potential impairment charges triggered by adverse industry developments or operational circumstances, unexpected changes in claim trends on workers’ compensation, unemployment, disability and medical benefit plans, the impact of changes in laws and regulations (including federal, state and international tax laws), competition law risks, the risk of additional tax or unclaimed property liabilities in excess of our estimates, our ability to realize value from our tax credit and net operating loss carryforwards, our ability to maintain specified financial covenants in our bank facilities to continue to access credit markets, and other risks, uncertainties and factors discussed in this release and in the Company’s filings with the Securities and Exchange Commission. Actual results may differ materially from any forward-looking statements contained herein, and we have no intention to update these statements.About Kelly®Kelly, Inc. (Nasdaq: KELYA, KELYB) connects talented people to companies in need of their skills in areas including Science, Engineering, Education, Office, Contact Center, Light Industrial, and more. We’re always thinking about what’s next in the evolving world of work, and we help people ditch the script on old ways of thinking and embrace the value of all workstyles in the workplace. We directly employ nearly 440,000 people around the world, and we connect thousands more with work through our global network of talent suppliers and partners in our outsourcing and consulting practice. Revenue in 2019 was $5.4 billion. Visit kellyservices.com and let us help with what’s next for you.MEDIA CONTACT: ANALYST CONTACT: Jane Stehney James Polehna (248) 574-9800 (248) 244-4586 stehnja@kellyservices.com james.polehna@kellyservices.com KELLY SERVICES, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS FOR THE 13 WEEKS ENDED JUNE 28, 2020 AND JUNE 30, 2019 (UNAUDITED) (In millions of dollars except per share data) % CC % 2020 2019 Change Change Change Revenue from services$975.3 $1,367.5 $(392.2) (28.7)% (27.7)% Cost of services 786.1 1,123.5 (337.4) (30.0) Gross profit 189.2 244.0 (54.8) (22.5) (21.7) Selling, general and administrative expenses 178.1 221.5 (43.4) (19.6) (18.9) Gain on sale of assets — (12.3) 12.3 NM Earnings (loss) from operations 11.1 34.8 (23.7) (68.2) Gain (loss) on investment in Persol Holdings 29.6 61.2 (31.6) (51.6) Other income (expense), net 2.6 0.2 2.4 NM Earnings (loss) before taxes and equity in net earnings (loss) of affiliate 43.3 96.2 (52.9) (55.0) Income tax expense (benefit) 0.9 12.7 (11.8) (93.2) Net earnings (loss) before equity in net earnings (loss) of affiliate 42.4 83.5 (41.1) (49.2) Equity in net earnings (loss) of affiliate (1.3) 0.3 (1.6) NM Net earnings (loss)$41.1 $83.8 $(42.7) (51.0) Basic earnings (loss) per share$1.04 $2.12 $(1.08) (50.9) Diluted earnings (loss) per share$1.04 $2.12 $(1.08) (50.9) STATISTICS: Staffing fee-based income (included in revenue from services)$7.6 $15.7 $(8.1) (51.5)% (50.5)% Gross profit rate 19.4% 17.8% 1.6 pts. Conversion rate 5.8 14.2 (8.4) % Return: Earnings (loss) from operations 1.1 2.5 (1.4) Net earnings (loss) 4.2 6.1 (1.9) Effective income tax rate 2.0% 13.2% (11.2)pts. Average number of shares outstanding (millions): Basic 39.3 39.1 Diluted 39.4 39.2 KELLY SERVICES, INC.
- 08/06/2020
|
Registration - Sidoti's 2020 Fall Virtual Investor Conference is Now Open
- Our Biannual Investor Conference has become a leading forum for small-cap companies to interface with investors specifically interested in the small-cap equities.
- 07/30/2020
|
Earnings Preview: Kelly Services (KELYA) Q2 Earnings Expected to Decline
- 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.
- 07/30/2020
|
KellyOCG Earns Leader and Major Contender Positions in Everest Group’s 2020 PEAK Matrix Reports for Services Procurement and RPO
- TROY, Mich., July 29, 2020 (GLOBE NEWSWIRE) -- KellyOCG®, the outsourcing and consulting group of Kelly, was named a Leader and Star Performer in Everest Group’s “Services Procurement PEAK Matrix® Assessment 2020” and a Major Contender in the analyst’s “Recruitment Process Outsourcing (RPO) – PEAK Matrix® Assessment 2020.” KellyOCG was one of only two providers named to the Services Procurement Leader position from the 16 providers evaluated. The PEAK Matrix provides an objective, data-driven assessment of service and technology providers based on overall capability and market impact across different global services markets. Providers are assessed on seven areas – market adoption, portfolio mix, value delivered, vision & strategy, scope of services offered, innovation & investments and delivery footprint. They are classified as Leaders, Major Contenders, or Aspirants. Providers can also earn a Star Performer title for year-over-year performance improvements. “We are honored to be recognized by Everest Group for our Services Procurement and RPO solutions. We are committed to investing in technology and analytics to evolve our solutions to help our clients achieve their business goals,” said Tammy Browning, president KellyOCG. “We continue to expand our expertise across emerging categories for our services procurement offering, and work with clients across several industries and job roles on end-to-end, project or modular RPO solutions. Our dedicated and experienced practice teams pride themselves on flawless program execution.”Services Procurement PEAK Matrix® Assessment 2020KellyOCG was named a Leader, for the second consecutive year, performing consistently across the assessment areas. It earned the highest capability measures in vision & strategy, value delivered, and delivery footprint. It also earned a Star Performer title for year-over-year improvements across several parameters in market impact and vision & capability.The report noted several areas of strength for KellyOCG: * Strong Services Procurement delivery performance and execution prowess for supplier management and compliance tracking, which is made possible by its dedicated practice team of category managers and procurement professionals. * Deep experience in managing activities across the Services Procurement value chain and expanding its expertise to manage spend across emerging categories. * A focus on technology – specifically an increased use of AI, along with improvements to its proprietary Talent Supply Chain Analytics portal and Guided Work technology to help clients with their contingent workforce management requirements.“KellyOCG is one of the few MSPs with proven expertise to manage end-to-end services procurement requirements for its clients,” according to Arkadev Basak, vice president, Everest Group. “Its investments in hiring dedicated and experienced category managers and procurement professionals, its proprietary TSCM analytics portal, and Guided Work solution led to its positioning as a Leader and Star Performer on Everest Group's Services Procurement PEAK Matrix®.”Recruitment Process Outsourcing (RPO) – PEAK Matrix® Assessment 2020Earning the position of Major Contender since 2016, KellyOCG saw improvement in its scope of services offered and overall vision and capability of its solution, which measures a provider’s ability to deliver services successfully to clients.KellyOCG was recognized for the following strengths: * Integrated suite of offerings – Providing end-to-end solutions integrated with its global talent advisory practice to offer a wide range of services. * Focus on small and mid-markets – Specialization in modular and project-based solutions, appealing to a wide range of clients with different recruitment needs. * Strong focus in developing technology capabilities – KellyOCG’s technology ecosystem consists of third-party technologies and proprietary tools and is leveraged by its internal team to advise clients on building a tech stack best suited for their recruitment program. * Proprietary analytics portal – Sophisticated analytics capabilities including predictive and prescriptive analytics. "KellyOCG specializes in providing end-to-end RPO solutions, as well as project-based and modular RPO deals, to cater to the needs of clients from all major industry verticals and for all job roles," said Basak. "Their global talent advisory practice and investments in technology and analytics, which include its own technology ecosystem and a host of innovative proprietary tools, have helped position the firm as a Major Contender on Everest Group’s RPO PEAK Matrix® 2020."About KellyOCGKellyOCG® connects you with the diverse talent you need to fuel and grow your business via exceptional MSP program management and an unrivaled global talent supply chain network. We combine proprietary insights with a continued focus on technology to produce world-class programs that meet your unique workforce needs. Our ability to anticipate what’s next for talent solutions drives us to challenge the status quo making us a trusted partner for our global client portfolio, which spans leading industries across North America, APAC and EMEA. Visit kellyocg.com or connect with us on LinkedIn to learn more. CONTACT: Media Contact: Cynthia Carey Senior Manager, Integrated Communications Kelly + 1 248 579 9920 (desk) Cynthia.carey@kellyservices.com
- 07/29/2020
|
Will The ROCE Trend At Kelly Services (NASDAQ:KELY.A) Continue?
- There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
- 07/28/2020
|
Kelly® Announces Second Quarter Conference Call
- TROY, Mich., July 23, 2020 (GLOBE NEWSWIRE) -- Kelly Services, Inc. (Nasdaq: KELYA, KELYB), a global leader in providing workforce solutions, will release its second quarter earnings before the market opens on Thursday, August 6, 2020. The company is hosting a conference call at 9:00 a.m. EDT. The call may be accessed in one of the following ways: Join online: kellyservices.com Join via phone: (877) 692-8955 (toll free) or (234) 720-6979 (caller paid) access code 5728672 A recording of the conference call will be available after 2:30 p.m. EDT on August 6, 2020 at (866) 207-1041 (toll-free) and (402) 970-0847 (caller-paid). The access code is 7745119. The recording will also be available at kellyservices.com during this period. About Kelly Kelly Services, Inc. (Nasdaq: KELYA, KELYB) connects talented people to companies in need of their skills in areas including Science, Engineering, Education, Office, Contact Center, Light Industrial, and more. We’re always thinking about what’s next in the evolving world of work, and we help people ditch the script on old ways of thinking and embrace the value of all workstyles in the workplace. We directly employ nearly 440,000 people around the world, and we connect thousands more with work through our global network of talent suppliers and partners in our outsourcing and consulting practice. Revenue in 2019 was $5.4 billion. Visit kellyservices.com and let us help with what’s next for you.KLYA-FINAnalyst & Media Contact: James Polehna (248) 244-4586 polehjm@kellyservices.com
- 07/23/2020
|
Back to Work: 10 Solutions That Empower Companies As They Reopen
- The global health crisis has forced companies of all sizes to re-examine how they operate, innovate and compete. To assist companies, Kelly, a global provider of workforce solutions, has released a Redefining Work playbook. From innovative office space planning to flexible workforce scheduling and remote talent engagement, the playbook offers practical solutions to prepare companies as they navigate the challenges of the "new" workplace.
- 06/30/2020
|
Do Hedge Funds Love Kelly Services, Inc. (KELYA)?
- The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
- 06/30/2020
|
New Research Shows Teacher Shortage Growing Amid Pandemic
- Prior to the COVID-19 pandemic, U.S. schools were able to fill just 54 percent of the approximately 250,000 teacher absences each day. As many schools reopen in the fall, they will face a growing number of teacher absences due to the pandemic, exacerbating the teacher shortage. Twelve percent of teachers say the pandemic may lead them to leave the profession even though they were not planning to do so before the crisis.
- 06/23/2020
|
Kelly® Announces Specialty Portfolio Presidents, Appoints Chief Administrative Officer
- Kelly, a global leader in providing workforce solutions, today announced the appointment of the company’s five specialty business leaders and a chief administrative officer. Earlier this year, Peter Quigley, Kelly president and chief executive officer, unveiled the company’s strategy to accelerate growth as a specialty talent solutions provider. “The leadership team we’re announcing today sets Kelly on a clear path to becoming a specialty talent solutions company that accelerates profitable growth, is a career partner for key talent, and delivers differentiated value to our clients,” said Quigley.
- 06/22/2020
|
Kelly® to Participate in Barrington Research Virtual Spring Investment Conference
- TROY, Mich., May 14, 2020 -- Kelly (Nasdaq: KELYA) (Nasdaq: KELYB), a leading specialty talent solutions provider, today announced it will participate in the Barrington.
- 05/14/2020
|
Kelly Services Inc (KELYA) Q1 2020 Earnings Call Transcript
- With me on the call is Olivier Thirot, our CFO. Then Olivier will walk us through highlights of our quarterly performance, including the impact of COVID-19 and the goodwill impairment we announced in this morning's release which was triggered by the stock market's response to the crisis.
- 05/04/2020
|
Recap: Kelly Services Q1 Earnings
- Shares of Kelly Services (NASDAQ:KELYA) remained unaffected at $15.27 after the company reported Q1 results.Quarterly Results Earnings per share decreased 50.00% over the past year to $0.20, which missed the estimate of $0.31.Revenue of $1,261,000,000 less by 8.82% from the same period last year, which missed the estimate of $1,310,000,000.Looking Ahead Kelly Services hasn't issued any earnings guidance for the time being.Kelly Services hasn't issued any revenue guidance for the time being.How To Listen To The Conference Call Date: May 04, 2020View more earnings on KELYATime: 05:04 PM ETWebcast URL: https://edge.media-server.com/mmc/p/npu8dodnRecent Stock Performance 52-week high: $28.9152-week low: $10.13Price action over last quarter: down 24.37%Company Overview Kelly Services Inc is a provider of workforce solutions and consulting and staffing services. The company's operations are divided into three business segments namely Americas Staffing, Global Talent Solutions ("GTS") and International Staffing. It provides staffing solutions through its branch networks in Americas and International operations and also provides a suite of innovative talent fulfilment and outcome-based solutions through GTS segment. Americas Staffing generates maximum revenue from its operations.See more from Benzinga * PetMed Express: Q4 Earnings Insights * Ferrari: Q1 Earnings Insights * Recap: Customers Bancorp Q1 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 05/04/2020
|
Kelly® Reports First Quarter Earnings
- Financial Highlights Q1 revenue down 8.8%; 2.7% of the decline due to estimated impact of COVID-19 crisis Q1 operating earnings decline on $147.7 million non-cash goodwill.
- 05/04/2020
|
Bank of America Corp DE Decreases Stock Position in Kelly Services, Inc. (NASDAQ:KELYA)
- Bank of America Corp DE trimmed its stake in shares of Kelly Services, Inc. (NASDAQ:KELYA) by 57.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,556 shares of the business services provider’s stock after selling 50,556 shares during the […]
- 04/25/2020
|
Kelly® Launches Full-Service Human Cloud Platform Aggregator
- Kelly Services, Inc., (Nasdaq: KELYA, KELYB), a global leader in providing workforce solutions, today announced the launch of its Human Cloud platform aggregator, a first-of-its-kind solution that delivers a curated pipeline of highly skilled, niche talent through one easy-to-use interface. Launch partners include freelance work platforms Business Talent Group (BTG), Toptal, The Mom Project and 99designs. The Kelly Human Cloud uses a company’s pre-existing Managed Service Provider (MSP) to integrate with freelance work platforms.
- 04/21/2020
|
6 Meridian Boosts Stock Holdings in Kelly Services, Inc. (NASDAQ:KELYA)
- 6 Meridian boosted its stake in shares of Kelly Services, Inc. (NASDAQ:KELYA) by 96.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,303 shares of the business services provider’s stock after purchasing an additional 9,958 shares during the period. 6 Meridian […]
- 04/18/2020
|
Kelly® Responds to COVID-19 Crisis; Arranges Virtual 2020 Stockholder Meeting; Announces First Quarter Conference Call; Withdraws Full-Year Guidance
- Kelly Services, Inc. (Nasdaq: KELYA, KELYB), a global leader in providing workforce solutions, today announced its first quarter conference call and logistic changes to the company’s annual meeting. The news is announced as the company takes multiple steps to respond to the unprecedented COVID-19 pandemic including compensation action, temporary furloughs and redeployment. While the current crisis presents extraordinary conditions for the company and the industry, Kelly remains confident in its ability to adapt as we have over the past 74 years of operations.
- 04/15/2020
|
Goldman Sachs Group Inc. Reduces Stake in Kelly Services, Inc. (NASDAQ:KELYA)
- Goldman Sachs Group Inc. cut its stake in shares of Kelly Services, Inc. (NASDAQ:KELYA) by 1.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 157,588 shares of the business services provider’s stock after selling 1,825 shares during the period. Goldman Sachs Group Inc. owned […]
- 04/11/2020
|
Should Value Investors Buy Kelly Services (KELYA) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 04/10/2020
|
Bank of New York Mellon Corp Sells 21,260 Shares of Kelly Services, Inc. (NASDAQ:KELYA)
- Bank of New York Mellon Corp lessened its position in Kelly Services, Inc. (NASDAQ:KELYA) by 3.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 563,066 shares of the business services provider’s stock after selling 21,260 shares during the quarter. Bank of New York […]
- 04/10/2020
|
Kelly Services Sees Hammer Chart Pattern: Time to Buy?
- Kelly Services has been struggling lately, but the selling pressure may be coming to an end soon.
- 04/09/2020
|
Coronavirus impact Permanent WFH could be the CFO s new friend in post COVID-19 world
- Driven to unusual cost cutting measures, finance heads are looking rather benignly at remote work options, according to a recent Gartner survey.
- 04/09/2020
|
Teachers Turn to Tutoring to Help Families During COVID-19 Quarantine
- In recognition of this need, Kelly Education, a leading provider of teaching talent, has stepped in to help families by connecting them to a talented pool of teachers serving as virtual tutors. Kelly is making this possible through a unique partnership with Moonlighting, a leading freelance platform focused on helping independent workers. While helping parents find much-needed instructional support, the partnership will also help Kelly Education teachers earn income while schools remain closed.
- 04/06/2020
|
Companies hiring for work-from-home jobs during coronavirus
- Companies in industries like software, health care, e-commerce and customer service are hiring.
- 04/06/2020
|
Remote Work Leader BroadPath Partners With Moonlighting To Fill 2,000 Work From Home Jobs
- Moonlighting, a leading independent worker-focused platform and tools provider, today announced 2,000 remote jobs from BroadPath, a leader in the work-from-home (WFH) customer experience space, will be sourced to Moonlighting's jobs listing platform.
- 03/31/2020
|
Why Kelly Services (KELYA) Could Be a Top Value Stock Pick
- Kelly Services (KELYA) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.
- 03/06/2020
|
Kelly Services® Adds D. Hugo Malan to Senior Leadership Team; Named President of New STEM Business Unit
- Kelly Services Inc. (Nasdaq: KELYA, KELYB), a global leader in providing workforce solutions, today announced the hiring of D. Hugo Malan as Senior Vice President and President of the STEM specialty business being formed as part of Kelly’s new structure announced in February by President and Chief Executive Officer Peter Quigley. With approximately 20 years of wide-ranging business leadership experience, Malan brings a fresh perspective to Kelly as the company accelerates its transformation into a leading specialty talent solutions provider. Malan will have overall responsibility for Kelly’s Science, Engineering and IT business portfolios and related product offerings while driving strategy and seamless execution of all aspects of the STEM business.
- 03/05/2020
|
Noble Financial Sticks to Their Buy Rating for Comtech Telecommunications (CMTL)
- Noble Financial analyst Joe Gomes maintained a Buy rating on Comtech Telecommunications (CMTL) today and set a price target of $43.00. The company's
- 03/04/2020
|
Noble Financial Sticks to Their Buy Rating for Comtech Telecommunications (CMTL)
- Noble Financial analyst Joe Gomes maintained a Buy rating on Comtech Telecommunications (CMTL – Research Report) today and set a
- 03/04/2020
|
Kelly Services® to Participate in the STRH 2020 Technology, Internet & Services Conference
- Kelly Services (Nasdaq: KELYA, KELYB), a global leader in providing workforce solutions, today announced it will be participating in the STRH Technology, Internet & Services Conference on March 10 and 11, 2020. Olivier Thirot, executive vice president and chief financial officer, and James Polehna, senior vice president and corporate secretary, will be participating in one-on-one meetings.
- 03/03/2020
|
Analysts Offer Insights on Consumer Goods Companies: Kratos Defense (KTOS) and Freshpet (FRPT)
- Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Kratos Defense (KTOS) and Freshpet (FRPT). Kratos Defense (KTOS) In
- 02/25/2020
|
A Trio of Stocks With a Graham Blended Multiplier Below 22.5
- Marathon Oil tops the list Continue reading...
- 02/16/2020
|
ACCO Brands (ACCO) Gets a Buy Rating from Noble Financial
- In a report issued on February 13, Joe Gomes from Noble Financial maintained a Buy rating on ACCO Brands (ACCO
- 02/16/2020
|
Kelly Services® Reports Fourth Quarter and Full Year Earnings
- Financial Highlights Q4 revenue down 5.4%; down 5.2% in constant currencyQ4 operating earnings of $13.1 million, including a $15.8 million asset impairment charge, compared to.
- 02/13/2020
|
Kelly Services® Presents at NobleCon16 - Noble Capital Markets’ Sixteenth Annual Investor Conference
- Kelly Services (Nasdaq: KELYA, KELYB), a global leader in providing workforce solutions, today announced it will be presenting at NobleCon16, Noble Capital Markets’ Sixteenth Annual Investor Conference, on Monday, February 17, 2020. The presentation will be held at the Hard Rock Hotel & Casino in Hollywood, Florida, and will begin at 4:30 p.m. EST. Peter Quigley, president and CEO, and Olivier Thirot, executive vice president and chief financial officer, will review the company’s strategy and performance.
- 02/05/2020
|
Kelly Services® Creates Chief Growth Officer Role to Accelerate Its Strategy
- Kelly Services Inc. (Nasdaq: KELYA, KELYB), a global leader in providing workforce solutions, today announced the appointment of Tim Dupree to the newly created position of Senior Vice President and Chief Growth Officer (CGO). Dupree is responsible for driving all aspects of enhancing and executing Kelly’s long-term growth strategy; facilitating growth-focused collaboration across the company; and developing metrics and accountability mechanisms to ensure Kelly’s teams prioritize and deliver on growth mandates and expectations. Dupree will work with business leaders across the enterprise to accelerate Kelly’s transition to a specialty talent company – a transition that Quigley has made a top priority since assuming the CEO role last October.
- 02/03/2020
|
Kelly Services® Announces Fourth Quarter and Full Year Conference Call
- Kelly Services (Nasdaq: KELYA, KELYB), a global leader in providing workforce solutions, will release its fourth quarter and full year earnings before the market opens on Thursday, February 13, 2020.
- 01/30/2020
|
Kelly Services® Acquires Insight, Expanding its Education Specialty Business
- Kelly Services (Nasdaq: KELYA, KELYB) today announced the acquisition of Insight, an education service staffing company with experience in partnering with school districts in Illinois, Massachusetts, New Jersey and Pennsylvania. The acquisition further expands Kelly's leadership position in the education workforce solutions industry, where Kelly Education is ranked the top provider across the U.S., filling nearly four million PreK-12 classrooms every school year. Insight, headquartered in Cherry Hill, New Jersey, with its current staff will merge with Kelly Education.
- 01/14/2020
|
KellyOCG® Forms Strategic Vendor Management System Partnership with Simplify Workforce
- KellyOCG®, the outsourcing and consulting group of Kelly Services, today announced a strategic expansion of its Vendor Management System (VMS) partner relationships with the addition of Simplify Workforce to integrate its cloud-based VMS platform, SimplifyVMS into Kelly’s Managed Service Provider (MSP) and Master Vendor (MV) solution offerings. Simplify Workforce is a leading global technology company operating in the contingent workforce and service procurement market.
- 01/09/2020
|
Thompson Hine Selects Kelly Services for 2019 Diversity Achievement Award; Firm Associate Jamar King Receives Diversity Champion Award
- CLEVELAND--(BUSINESS WIRE)--Thompson Hine presented its Diversity Achievement Award to Kelly Services® and its Diversity Champion Award was presented to associate Jamar King.
- 01/07/2020
|
Hedge Funds Have Never Been More Bullish On Kelly Services, Inc. (KELYA)
- Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before last year's Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the […]
- 12/13/2019
|
Kelly Services® Reaches Agreement to Sell and Lease Back Its Corporate Headquarters Building in Troy
- Kelly Services, Inc., (Nasdaq: KELYA, KELYB), a global leader in providing workforce solutions, today announced the company has entered into a definitive agreement with A.F. Jonna Development & Management Co., a Bloomfield Hills-based real estate development and management company, to sell and lease back its corporate headquarters in Troy. The agreement, expected to close in early 2020, includes Kelly’s corporate headquarters on West Big Beaver Road in Troy, as well as its HQ Annex and Lindsey Centre properties in Troy.
- 12/05/2019
|
Kelly Services® Reports Third Quarter Earnings
- Financial Highlights Q3 revenue down 5.6%; down 4.8% in constant currencyQ3 operating earnings down 22% from last yearQ3 loss per share of $0.27 compared to earnings of $0.84,.
- 11/06/2019
|
Earnings Preview: Kelly Services (KELYA) Q3 Earnings Expected to Decline
- 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.
- 10/30/2019
|
Is Kelly Services, Inc. (KELYA) A Good Stock To Buy?
- The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing more than 730 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of June […]
- 10/28/2019
|
Kelly Services® Announces Third Quarter Conference Call
- TROY, Mich., Oct. 23, 2019 -- Kelly Services (Nasdaq: KELYA, KELYB), a global leader in providing workforce solutions, will release its third quarter earnings before the.
- 10/23/2019
|
Are Investors Undervaluing Kelly Services (KELYA) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 05/24/2019
|
Kelly Services Inc (KELYB) Q1 2019 Earnings Call Transcript
- KELYB earnings call for the period ending March 31, 2019.
- 05/06/2019
|
