Bgsf Inc Stock Price, News & Analysis

BGSF (NYSE:BGSF) said it will delay its fiscal 2025 third quarter results until Friday, November 7, 2025 pre-market, with a live earnings conference call and webcast at 9:00 am ET the same day.

The company attributed the delay to additional time needed to finalize accounting for the sale of the Professional division, including classification between discontinued and continuing operations.

Dial-in numbers are 1-888-506-0062 (U.S.) and 1-973-528-0011 (International); the webcast will be available via the investor relations website.

BGSF (NYSE:BGSF) will release its fiscal 2025 third quarter results on Wednesday, November 5, 2025 after market close.

Management will host an earnings conference call, live teleconference, and webcast on Thursday, November 6, 2025 at 9:00 AM ET. Dial-in numbers: 1-888-506-0062 (Toll-Free) or 1-973-528-0011 (International) with access code 736091. A call replay is available through Thursday, November 20, 2025 at 1-877-481-4010 (Toll-Free) or 1-919-882-2331 (International), access code 52955.

The live webcast will be available in the investor relations section of the company website at https://investor.bgsf.com/events-and-presentations/default.aspx.

BGSF (NYSE:BGSF) has provided additional details regarding its previously announced special cash dividend of $2.00 per share. The dividend will be paid on September 30, 2025 to shareholders of record as of September 23, 2025.

Due to the dividend representing over 25% of the stock's trading price, NYSE will implement "due bills" trading from September 23-30, 2025. During this period, sellers of BGSF stock will also transfer their right to receive the special dividend to buyers. The ex-dividend date is set for October 1, 2025.

BGSF (NYSE:BGSF), a workforce solutions provider for the specialized property management industry, has announced a special cash dividend of $2.00 per share of common stock. The dividend will be paid on September 30, 2025, to shareholders of record as of September 23, 2025.

The special dividend follows the sale of BGSF's Professional Division, with Interim Co-CEOs Kelly Brown and Keith Schroeder stating that this represents an initial step in capital allocation from the sale proceeds. The company will maintain significant liquidity for future opportunities while continuing to evaluate additional capital allocation options.

BGSF (NYSE:BGSF) has completed the previously announced sale of its Professional Division to INSPYR Solutions for $99 million in cash. The transaction represents a strategic shift for BGSF, allowing the company to focus exclusively on its specialized property management workforce solutions business.

The company plans to use the proceeds to eliminate outstanding debt and make strategic investments in its Property Management business. Management will work with financial advisors to determine the optimal use of remaining funds to enhance shareholder value.

Under the leadership of Interim Co-CEOs Kelly Brown and Keith Schroeder, BGSF aims to expand geographically and develop initiatives to differentiate itself in the property management solutions sector.

BGSF Inc. (NYSE:BGSF) reported Q2 2025 financial results from continuing operations, showing mixed performance. Revenue increased 12.6% sequentially to $23.5 million from Q1's $20.9 million, driven by seasonal demand. However, the company recorded a net loss of $4.9 million ($0.44 per share), significantly higher than Q1's loss of $2.2 million.

The company is progressing with the planned sale of its Professional division to INSPYR, with a shareholder vote scheduled for September 4th. Post-sale, BGSF will provide transition services for up to six months and focus on cost reduction measures. The Property Management segment is implementing AI-powered sales and recruiting tools, expected to be operational by mid-Q4 2025.

BGSF (NYSE:BGSF), a provider of consulting, managed services, and workforce solutions, has scheduled its fiscal 2025 second quarter earnings release for Wednesday, August 6, 2025, after market close.

The company will host an earnings conference call and webcast on Thursday, August 7, 2025, at 9:00 am ET. Participants can join via phone using toll-free (1-888-506-0062) or international (1-973-528-0011) numbers with access code 520154. A replay will be available until August 21, 2025, accessible via 1-877-481-4010 (toll-free) or 1-919-882-2331 (international) with code 52558.

BGSF has signed a definitive agreement to sell its Professional Division to INSPYR Solutions for $99 million in an all-cash transaction. The deal includes BGSF's IT Consulting, Finance and Accounting, Managed Solutions, and Near and Offshore Software Engineering practices. The transaction is expected to close in H2 2025, subject to shareholder approval. Following the deal, CEO Beth Garvey will step down effective July 1, 2025, along with Board Member Cynthia Marshall. Kelly Brown and Keith Schroeder will serve as interim co-CEOs, focusing on growing the Property Management Division. BGSF plans to use the proceeds to eliminate outstanding debt and invest in its Property Management business, with the board evaluating strategic alternatives for remaining funds.

BGSF, Inc. (NYSE: BGSF) has achieved Workday Deployment Partner status, expanding its existing role as a Workday Services Partner. This enhancement allows BGSF to provide comprehensive support for Workday implementations nationwide. The company will now offer expanded services including feature adoption & optimization, business transformation guidance, staff augmentation, permanent placement, and post-production support.

As a Workday Services Partner for nearly two years, BGSF has demonstrated expertise in providing specialized consultants and workforce solutions. The company's Workday-focused consultants bring industry-specific expertise to help clients streamline operations and enhance system functionality across the Workday ecosystem, which serves as an AI platform for managing people, money, and agents.