Kelly Svcs Inc Stock Price, News & Analysis

Kelly (Nasdaq: KELYA) has announced the appointment of Chris Layden as its new President and CEO, effective September 2, 2025. Layden will succeed Peter Quigley, who is retiring but will remain as a strategic advisor and board member until May 2026.

Layden joins Kelly from Prolink, where as COO he led significant organic growth and operational improvements. Previously, he spent nearly 20 years at ManpowerGroup in various senior roles, contributing to growth in life sciences, engineering, and technology verticals.

Under Quigley's 22-year tenure, Kelly transformed into a global specialty talent solutions provider, achieving its strongest financial position in 25 years through focus on higher-margin businesses and organizational efficiency.

Kelly (Nasdaq: KELYA) reported Q2 2025 financial results with revenue of $1.1 billion, up 4.2% year-over-year due to acquisitions but down 3.3% organically. The company posted operating earnings of $22.2 million and adjusted EBITDA of $37.0 million, down 8.7% from the previous year.

Key metrics include adjusted earnings per share of $0.54, compared to $0.71 in Q2 2024, impacted by increased interest expense and lower operating earnings. The company declared a quarterly dividend of $0.075 per share and expects Q3 revenue to decline 5-7% with adjusted EBITDA margin expansion of 80-90 basis points.

Kelly also announced the appointment of Nick Zuhlke as vice president, controller and chief accounting officer, effective August 11, 2025, succeeding Laura Lockhart who is retiring.

Kelly (Nasdaq: KELYA) has achieved a significant milestone as the first company to be named both a Leader and Star Performer across all four Everest Group US Contingent Staffing PEAK Matrix® Assessments in 2025.

The recognition spans across professional, industrial, IT, and engineering talent sectors, following the successful integration of Motion Recruitment Partners. Everest Group highlighted Kelly's strengths in technology capabilities, AI integration, managed services, and significant organic revenue growth, particularly in engineering services.

The PEAK Matrix® assessment evaluated Kelly across seven categories, including vision and strategy, delivery capabilities, technology, and future investments. The company's recent acquisition has enhanced its industry coverage and led to significant market traction.

Kelly (NYSE:KELYA), a global specialty talent solutions provider, has scheduled its second-quarter 2025 earnings release for Thursday, August 7, 2025, before market open. The company will host a conference call with financial analysts at 9:00 AM ET on the same day.

The earnings presentation and conference call webcast will be available on Kelly's website in the Investor Relations section under Events & Presentations. A replay of the webcast will be accessible within one hour after the event through the same link.

KellyOCG + Sevenstep (Nasdaq: KELYA) has been awarded the Morton Long-Term Partnership Award at the 2025 TIARA Talent Solutions Awards - US. The recognition stems from their six-year RPO relationship with a Fortune 10 global healthcare enterprise, where they successfully managed 10,000 annual hires across 25 business segments and three brands.

The partnership demonstrated remarkable adaptability, scaling from 35 to 105 team members in one quarter to meet hiring demands, while navigating significant organizational changes including an 80% hiring volume decrease. The relationship now spans US RPO, EMEA RPO, and EMEA MSP programs, establishing KellyOCG + Sevenstep as the client's primary provider of talent acquisition services.

KellyOCG + Sevenstep, the permanent hiring solutions division of Kelly (Nasdaq: KELYA), has been recognized as a Leader and Star Performer in Everest Group's 2025 Recruitment Process Outsourcing (RPO) Services PEAK Matrix® Assessment – Global. This recognition follows the recent integration of KellyOCG's RPO specialty with Motion Recruitment Partners' Sevenstep brand.

The company's global presence now spans 71 countries with 33 in-country teams. Their comprehensive services include enterprise and project RPO, niche role sourcing, executive search, consulting, advanced analytics, and total talent management. The recognition highlights their strong technology stack, combining Sevayo® Insights and KellyOCG's Helix platforms.

Kelly (KELYA) has announced its participation in two upcoming investor conferences in June 2025. The company will present at the Baird 2025 Global Consumer, Technology & Services Conference in New York City on June 3 at 8:30 a.m. ET, where CEO Peter Quigley, CFO Troy Anderson, and IR head Scott Thomas will be available for one-on-one meetings. Additionally, Kelly will present at the Noble Capital Markets Emerging Growth Virtual Equity Conference on June 5 at 2:00 p.m. ET, with Anderson and Thomas conducting one-on-one meetings. The company's investor presentation is accessible on Kelly's website.

KellyOCG, a division of Kelly (Nasdaq: KELYA), has announced its 2024 Supplier Excellence Awards, recognizing 11 top-performing suppliers globally at their 12th annual event. The winners, representing less than 1% of KellyOCG's 5,400 active partnerships worldwide, were evaluated on performance, impact, program support, legal compliance, and operational partnerships.

US Tech Solutions received both a Supplier Excellence Award and the special Innovative Partner Award for their collaboration with KellyOCG in developing the Direct Sourcing 360 product powered by their HireHQ platform. The award winners include DEXIA, NeTeam, Infotree Global Solutions Corp, Mindlance, NES Fircroft Limited, Raise, Robert Walters, SIRE Life Sciences, SPECTRAFORCE, The Fountain Group, and US Tech Solutions.

Kelly (KELYA) reported Q1 2025 results with revenue of $1.16 billion, up 11.5% year-over-year, primarily due to the Motion Recruitment Partners acquisition. Organic revenue growth was 0.2%. Operating earnings were $10.8 million, with adjusted earnings at $22.1 million, down 4.3% from last year. Adjusted EBITDA reached $34.9 million, increasing 4.8% year-over-year, though margins decreased 20 basis points to 3.0%. The company's Education segment showed strong performance with 6.3% growth. Earnings per share were $0.16, down from $0.70 in Q1 2024, while adjusted EPS was $0.39 compared to $0.56. Kelly declared a quarterly dividend of $0.075 per share and expects Q2 revenue growth of 6.0-7.0% with margin pressure, followed by margin expansion in Q3 and Q4.