Kelly Svcs Inc Stock Price, News & Analysis

Kelly (Nasdaq: KELYA, KELYB) reported Q1 2021 revenue of $1.2 billion, reflecting a 4.4% decline year-over-year, with a 5.5% decrease in constant currency. Operating earnings reached $10.6 million, a significant recovery from a $111.8 million loss in Q1 2020, which included a goodwill impairment charge. Earnings per share for Q1 2021 stood at $0.64, boosted by a non-cash gain from Persol Holdings investment. The company highlighted strong demand across various segments and plans for further growth through M&A activities, noting that current demand exceeds pre-pandemic levels.

Kelly has been ranked No. 2 in Forbes' list of America’s Best Professional Recruiting and Temporary Staffing Firms, an accolade announced on May 6, 2021. This recognition follows a survey involving over 31,000 recruiters and 7,200 job candidates. Kelly has also been noted for its commitment to diversity and remote work, earning a perfect score in the Human Rights Campaign Foundation’s 2021 Corporate Equality Index. Celebrating its 75th anniversary, Kelly's transition to a specialty talent solutions company has led to significant growth across its five business units.

Kelly (Nasdaq: KELYA, KELYB) will announce its first quarter earnings on May 13, 2021, before market opening. An earnings presentation will be accessible on the Investor Relations page of its website, along with a conference call at 9 a.m. ET. Access to the call can be made via the website or telephone, and a recording will be available post-call. Kelly Services, a leader in talent solutions, employed nearly 370,000 people in 2020 and generated $4.5 billion in revenue.

Kelly Education is hosting a recruiting event for substitute teachers and paraprofessionals on April 14, 2021, from 9am to 3pm at the Rockford Public Schools District Office. The event aims to encourage parents, unemployed professionals, and college students to consider a teaching career amid COVID-19 challenges. Candidates can walk in or schedule appointments via a Calendly link. Face coverings are required for all attendees.

Kelly Services has acquired Softworld, a technology staffing firm, to enhance its specialization strategy and unlock growth opportunities. Softworld, generating over $100 million in revenue in 2020, will continue operating under its brand. This acquisition aims to expand Kelly's capabilities in fast-growing, high-margin specialties, particularly in IT staffing, projected to reach $31.7 billion in 2021. The merger is expected to harness Softworld's expertise in specialized technology roles to meet increasing demand driven by digital transformation.

Kelly (Nasdaq: KELYA, KELYB) announced its participation in the Sidoti Spring 2021 Virtual Conference on March 24, 2021. The event will feature presentations from key executives, including CEO Peter Quigley and CFO Olivier Thirot, discussing the company's strategy and performance. The presentation starts at 10:00 a.m. ET and will be available for replay on their website thereafter. Kelly, a leader in specialty talent solutions, reported $4.5 billion in revenue for 2020 and employs nearly 370,000 people globally.

TROY, Mich., March 4, 2021 (GLOBE NEWSWIRE) -- Kelly (Nasdaq: KELYA, KELYB) will participate in the 2021 Truist Securities Technology, Internet & Services Conference virtually on March 10, 2021. Key executives, including Peter Quigley, Olivier Thirot, and James Polehna, will engage in virtual one-on-one meetings. Kelly reported a revenue of $4.5 billion in 2020, employing nearly 370,000 globally.