Kelly Svcs Inc Stock Price, News & Analysis

Kelly has been named one of the Top 100 Companies to Watch for Remote Jobs by FlexJobs for the ninth consecutive year, ranking eighth in 2022. This recognition is based on an analysis of approximately 57,000 companies and highlights Kelly's commitment to providing flexible work options. With over 6,000 remote agents and a history of remote work options dating back to 2010, Kelly supports its employees with benefits such as electronic pay and health insurance. The company is among eight employers recognized every year since 2014, reflecting its leadership in the evolving work environment.

Kelly Services, Inc. recently appointed Amala Duggirala and InaMarie Johnson to its board of directors. Duggirala, with a background in technology leadership at USAA and Regions Bank, brings expertise in business transformation. Johnson, previously chief people and diversity officer at Zendesk, is a seasoned HR professional with experience in strategic transformations. CEO Peter Quigley expressed confidence in their ability to provide valuable insights during the company's strategic execution. The board's expansion aims to enhance Kelly's mission of connecting talent to work.

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.