Welcome to our dedicated page for Kelly Svcs news (Ticker: KELYA), a resource for investors and traders seeking the latest updates and insights on Kelly Svcs stock.
Kelly Services reports news about its specialty talent solutions business, including temporary staffing, outsourcing, consulting, permanent placement, and workforce management services for employers and job seekers. Company updates commonly address operating results, revenue trends, expense management, acquisition integration, technology modernization, share repurchases, dividends, and investor conference participation.
Recurring business developments also cover Kelly’s operating areas, including Enterprise Talent Management, Science, Engineering, Technology & Telecom, and Education. Education-related updates include Kelly Education workforce solutions for schools and the Kelly Pediatric Therapy brand, which provides pediatric therapy and behavioral health services across early intervention, school-based services, and outpatient clinic care.
KellyOCG has introduced two new RPO solutions, KellyOCG Boost and KellyOCG GO RPO, designed to support variable hiring needs. Boost targets high-volume hiring, facilitating the recruitment of 500+ employees quickly, while GO RPO caters to mid-market firms needing hundreds of workers. Both leverage advanced tech and insights to enhance talent acquisition efficiency, promising timely communication and exceptional candidate experiences.
Kelly, a leading specialty talent solutions provider, will present at the Sidoti Virtual Investor Conference on December 9, 2021. CEO Peter Quigley, CFO Olivier Thirot, and VP James Polehna will discuss the company’s strategies and performance. The presentation starts at 8:30 a.m. ET and will be accessible via kellyservices.com. An audio replay will be available after the event. Kelly connects talented individuals with companies across various sectors and generated $4.5 billion in revenue in 2020.
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Kelly (Nasdaq: KELYA, KELYB) reported a strong Q3 2021, with revenue of $1.2 billion, marking a 15.1% increase from Q3 2020. Operating earnings reached $9.0 million, a significant turnaround from a $2.4 million loss last year. The diluted EPS stood at $0.87, up from $0.42 a year prior, boosted by a $0.62 non-cash gain from Persol Holdings. However, adjusted EPS fell to $0.25 from $0.29. A dividend of $0.05 was declared, payable on December 8, 2021.
Kelly (Nasdaq: KELYA, KELYB) is set to release its third-quarter earnings on November 10, 2021, before market opening. The company will also host a conference call at 9 a.m. ET, accessible online or via phone. A financial presentation will be available on the Investor Relations page of its website. Kelly Services, a global leader in talent solutions, employed nearly 370,000 people and reported $4.5 billion in revenue for 2020. A recording of the earnings call will be available later that day.
Kelly has appointed Rosie Rivel as the new Chief Information Officer (CIO), effective immediately. Rivel has served in this role on an interim basis since February 2021. With over 25 years of IT experience, she has strengthened Kelly's IT security and compliance during her tenure. Previously, Rivel held leadership positions in global IT risk and compliance. This strategic appointment is expected to enhance Kelly's information technology capabilities across their global business applications and security functions.
Kelly has launched Kelly 33, a program aimed at enhancing employment opportunities for individuals with non-violent criminal records, following a successful partnership with Toyota Manufacturing in Kentucky. This initiative addresses outdated hiring practices, providing access to a previously overlooked talent pool. Since the initiative's inception, 92% of the evaluated candidates were deemed eligible, with 645 successfully placed at Toyota. The program led to a 20% increase in talent pool and a 70% reduction in turnover at Toyota’s plant. Kelly is committed to expanding equitable hiring practices across the workforce.
Kelly Education is hosting a career fair on September 29 and 30, 2021, to recruit substitute teachers, paraeducators, food service staff, and custodians across nine public school districts in the Indianapolis area. Hundreds of positions are available. The fair will take place at Greenwood Community Schools and MSD of Wayne Township.
Kelly Education, the largest provider of education talent in the nation, offers flexible work schedules, health insurance, and paid training for its employees. For those unable to attend, inquiries can be made at EDNERecruiting@kellyservices.com.
Schools in Minnesota are actively hiring as the back-to-school season approaches, providing opportunities for career changers looking to make a significant impact on students. Amid a workforce exodus of 7.5 million people, Teachers On Call is inviting individuals to explore roles such as substitute teachers, paraeducators, and various non-instructional positions, all while offering benefits like health insurance and retirement plans. With many immediate openings, the initiative aims to support student learning recovery during the 2021-22 school year.
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