Welcome to our dedicated page for Bgsf news (Ticker: BGSF), a resource for investors and traders seeking the latest updates and insights on Bgsf stock.
BGSF, Inc. (NYSE: BGSF) generates a steady flow of news tied to its role as a workforce solutions provider and its strategic focus on the specialized property management industry. Company press releases and SEC-referenced announcements cover operating results, corporate transactions, and capital allocation decisions that are relevant to investors and market watchers following BGSF stock.
News coverage for BGSF frequently includes quarterly and year-to-date financial results, where the company reports revenue, gross profit, operating income or loss, and non-GAAP measures such as Adjusted EBITDA and Adjusted EPS. These updates often highlight performance in the Property Management segment and discuss factors such as seasonal demand and cost alignment efforts.
BGSF’s news also documents strategic transactions and restructuring. In 2025, the company announced and then closed the divestiture of its Professional Division to INSPYR Solutions in a $99 million all-cash deal. Related releases describe shareholder approval of the transaction, the use of proceeds to reduce debt, and the company’s shift toward a Property Management-focused structure, along with a Transition Services Agreement to support the buyer.
Another recurring theme in BGSF news is capital allocation. The company has announced a special cash dividend of $2.00 per share, explained NYSE due bill procedures associated with that dividend, and disclosed a stock repurchase program authorizing up to $5 million in share repurchases. These announcements provide context on how the Board evaluates uses of excess capital.
In addition, BGSF issues updates on earnings call timing, conference calls, and webcasts, allowing investors to track when management will discuss results. Historical news has also covered recognitions from industry groups and rankings by Staffing Industry Analysts. For ongoing insight into BGSF’s financial performance, strategic direction, and property management workforce initiatives, this news feed aggregates the company’s latest publicly released information.
BGSF, Inc. has signed a definitive agreement to sell its Light Industrial segment assets, known as InStaff, to Jobandtalent, a digital workforce marketplace based in Madrid. The transaction is expected to close in Q1 2022, pending customary conditions. This divestiture aligns with BGSF's strategy to focus on high-margin business sectors and enhances their capital for investments in managed services and consulting solutions. InStaff has maintained a 96% client retention rate and is expected to thrive under Jobandtalent.
BGSF, Inc. will hold a conference call on March 10, 2022, at 9:00 a.m. ET to discuss its fourth quarter 2021 financial results. The teleconference will be hosted by Beth Garvey, President and CEO, and Dan Hollenbach, CFO. A press release detailing the financial results will be issued after the market closes on March 9, 2022. Participants can join by calling 844-200-6205 (U.S.) or 929-526-1599 (international) and entering access code 954101. The replay will be available until March 17, 2022.
BGSF, Inc. has declared a quarterly cash dividend of $0.15 per share, payable on February 22, 2022, to shareholders recorded by February 14, 2022. This marks the company's 29th consecutive dividend, reflecting strong operational performance and a 4.3% annualized yield based on recent stock prices. CEO Beth A. Garvey stated confidence in ongoing capital allocation and commitment to returning value to shareholders.
BGSF, Inc. (NYSE: BGSF) reported strong financial results for Q3 2021 with revenues of $82.4 million, a 15.1% increase from 2020. Gross profit rose 25.1% to $24.7 million, improving gross margin to 30.0%. Net income reached $4.6 million ($0.45 per diluted share), up from $2.6 million in 2020. The Board declared a quarterly cash dividend of $0.12 per share, marking the 28th consecutive dividend. Year-to-date, revenues totaled $224.5 million, up 7.8%, and adjusted EPS increased from $0.82 to $0.92. The company faces labor shortages and wage inflation, but remains optimistic about growth.
BGSF, Inc. will present its third quarter 2021 financial results on November 4, 2021, at 9:00 a.m. ET. The conference call, hosted by President and CEO Beth Garvey and CFO Dan Hollenbach, will be accompanied by a press release issued after market close on November 3, 2021. Participants can call 833-316-0561 for U.S. access or 412-317-5735 internationally. A replay will be available until November 11, 2021, and can be accessed using PIN 10160573.
BGSF, a leading provider of workforce solutions, will present at the Taglich Brothers 17th Annual Investment Conference on September 13 at 11:00 a.m. EST in New York. The presentation will be led by
BGSF, Inc. reported strong Q2 2021 results with revenues of $74.4 million, an 18.8% increase year-over-year. Gross profit rose by 28.9% to $21.8 million, while net income improved to $3.4 million, or $0.33 per diluted share, compared to a net loss of $4.8 million in Q2 2020. The Board declared a quarterly cash dividend of $0.12, marking the 27th consecutive quarterly dividend, offering an annualized yield of about 4.1%. Outlook remains positive as segments recover from the pandemic, supported by operational restructuring and new client acquisitions.
BGSF, Inc. (NYSE: BGSF) will discuss its second quarter 2021 financial results on a conference call on August 5, 2021, at 4:30 p.m. ET. The call will be hosted by President and CEO Beth Garvey, along with CFO Dan Hollenbach. A related press release will be available before market opening on the same day.
Participants can join by dialing specific numbers for U.S., international, and Canadian callers. A replay will be accessible until August 12, 2021. BGSF specializes in providing workforce solutions across various industries.
BGSF is participating in the Virtual East Coast IDEAS Investor Conference on June 16-17, 2021. CEO Beth A. Garvey and CFO Dan Hollenbach will host one-on-one meetings on June 17. A webcast of their presentation will be available at 7:00 a.m. CDT on June 16 via the conference portal and BGSF’s investor relations website. BGSF, based in Plano, Texas, provides workforce solutions across various sectors, including IT and finance, and is recognized as one of the largest staffing firms in the U.S.
BGSF, Inc. (NYSE: BGSF) reported Q1 2021 results, showing revenues of $67.7 million, an 8.6% decline year-over-year. Gross profit decreased to $18.8 million (-7.2%), though gross margin improved to 27.8%. Net income fell to $0.7 million ($0.07 per diluted share), down from $1.5 million ($0.14 per diluted share). Adjusted EBITDA also decreased to $2.9 million, representing 4.3% of revenues. The Board declared a quarterly cash dividend of $0.10 per share, marking the 26th consecutive quarterly dividend with an annualized yield of approximately 2.9%. The company aims for recovery in its segments despite the pandemic's ongoing effects.
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