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.

Earnings data Q1 2021

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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® Joins More Than 1,300 Organizations in Commitment to Advance Workplace Diversity and Inclusion

Is Kelly Services (KELYA) a great pick from the value investor's perspective right now? Read on to know more.

Is Kelly Services (KELYA) a Good Stock to Pick Right Now?

TROY, Mich., Sept.  15, 2020  (GLOBE NEWSWIRE) -- Kelly (Nasdaq: KELYA) (Nasdaq: KELYB), a leading specialty talent solutions provider, today announced it will be presenting at the Sidoti Fall 2020 Virtual Investor Conference that is to be held on September 23 & 24, 2020.

Kelly® to Participate in Sidoti Fall 2020 Virtual Investor Conference

TROY, Mich., Sept.  02, 2020  (GLOBE NEWSWIRE) -- Kelly , a global leader in providing workforce solutions, today announced the appointment of Vanessa Williams as Senior Vice President and General Counsel. In this position, Vanessa has responsibility for leading the strategic direction of Kelly’s legal and corporate security organizations which includes managing regulatory and legal compliance for the company, directing Kelly’s strategic legal initiatives and providing senior management with actionable counsel regarding company objectives. She will also oversee Kelly’s global in-house legal team and be responsible for managing outside counsel relationships. Vanessa reports directly to President and Chief Executive Officer Peter Quigley.

Kelly® Announces Appointment of New General Counsel

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Kelly (KELYA) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.

Kelly (KELYA) Looks Good: Stock Adds 7.2% in Session

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® Announces Appointment of New Chief HR Officer and Creation of Chief Talent Officer Position

Kelly Services, Inc.'s (KELYA) CEO Peter Quigley on Q2 2020 Results - Earnings Call Transcript

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?

Kelly Services (KELYA) Tops Q2 Earnings Estimates

Kelly® Reports Second Quarter Earnings

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.

KellyOCG Earns Leader and Major Contender Positions in Everest Group’s 2020 PEAK Matrix Reports for Services Procurement and RPO

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National and Global Companies Recognized for Distinguished Workforce Solutions National and Global Companies Recognized for Distinguished Workforce Solutions

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Kelly® releases Redefining Work playbook to help businesses succeed during COVID-19

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TROY, Mich., June  22, 2020  (GLOBE NEWSWIRE) --  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.

Kelly® Announces Specialty Portfolio Presidents, Appoints Chief Administrative Officer

Kelly Services, Inc. (KELYA) CEO Peter Quigley on Q1 2020 Results - Earnings Call Transcript

The company is unveiling a first-of-its-kind solution to help companies better identify key online talent The company is unveiling a first-of-its-kind solution to help companies better identify key online talent

Kelly® Launches Full-Service Human Cloud Platform Aggregator

Kelly Services Inc. kelya said it was taking several actions in response to labor market disruptions caused by the COVID-19 pandemic, including furloughing and redeployment of some employees, suspending its dividend, cutting pay for full-time salaried employees and senior management by 10% and suspending its 401(k) match.

Job placement company Kelly Services furloughs some staff, suspends dividend

Kelly Services has been struggling lately, but the selling pressure may be coming to an end soon.

Kelly Services Sees Hammer Chart Pattern: Time to Buy?

New partnership between Kelly® Education and Moonlighting offers resource for students learning from home New partnership between Kelly® Education and Moonlighting offers resource for students learning from home

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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.

News for Kelly Services Stock (KELYA)