Staffing 360 Solutions to Host Q4 and Fiscal Year-End Financial Results Investor Conference Call

Rhea-AI Summary

Staffing 360 Solutions, Inc. (NASDAQ: STAF) will announce its 2019 year-end financial results on May 11, 2020, post-market close. A conference call is scheduled for May 12, 2020, at 9:30 AM ET to discuss these results and the impact of COVID-19 on business operations. The firm is focused on a buy-integrate-build strategy in staffing, aiming for $500 million in profitable revenues through targeted acquisitions in sectors like finance, IT, and engineering. Interested parties can participate via dial-in or online streaming.

Positive

• Targeting annual profitable revenues of $500 million through strategic acquisitions.
• Execution of an international buy-integrate-build strategy in the staffing sector.

Negative

• Forward-looking statements suggest uncertainty in achieving business goals due to economic conditions and capital raising challenges.
• Potential risks related to the integration of newly acquired companies and ability to pay dividends.

NEW YORK, May 06, 2020 (GLOBE NEWSWIRE) -- Staffing 360 Solutions, Inc. (NASDAQ: STAF), a company executing an international buy-integrate-build strategy through the acquisition of domestic and international staffing organizations in the United States and United Kingdom, today announced it will issue its 2019 year-end financial results after the market close on Monday, May 11, 2020.

The Company will host a conference call the following day, Tuesday, May 12^th at 9:30am Eastern Time to discuss financial results, and recent COVID-19 business developments.

Conference Call
The Participant Dial-In Number for the conference call is 646-828-8143. Participants should dial in to the call at least five minutes before 9:30am ET May 12, 2020. The call can also be accessed "live" online at http://public.viavid.com/index.php?id=139762. A replay of the recorded call will be available for 90 days on the Company's website (http://www.staffing360solutions.com/res.html). You can also listen to a replay of the call by dialing 888-203-1112 (international participants dial 719-457-0820) starting May 12, 2020, at 7:30pm ET through May 19, 2020 at 11:59 pm ET. Please use PIN Number 7031179.

About Staffing 360 Solutions, Inc.
Staffing 360 Solutions, Inc. is engaged in the execution of an international buy-integrate-build strategy through the acquisition of domestic and international staffing organizations in the United States and United Kingdom. The Company believes that the staffing industry offers opportunities for accretive acquisitions that will drive its annual profitable revenues to $500 million. As part of its targeted consolidation model, the Company is pursuing acquisition targets in the finance and accounting, administrative, engineering, IT, and Light Industrial staffing space. For more information, please visit: www.staffing360solutions.com. Follow Staffing 360 Solutions on Facebook, LinkedIn and Twitter.

Forward-Looking Statements
This press release contains forward-looking statements, which may be identified by words such as "expect," "look forward to," "anticipate," "intend," "plan," "believe," "seek," "estimate," "will," "project" or words of similar meaning. Although Staffing 360 Solutions, Inc. believes such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Actual results may vary materially from those expressed or implied by the statements herein due to the Company’s ability to successfully raise sufficient capital on reasonable terms or at all, available cash on hand and contractual and statutory limitations that could impair our ability to pay future dividends, our ability consummate additional acquisitions and successfully integrate newly acquired companies, to organically grow our business, to successfully defend potential future litigation, changes in local or national economic conditions, the ability to comply with contractual covenants, including in respect of its debt, as well as various additional risks, many of which are now unknown and generally out of the Company’s control, and which are detailed from time to time in reports filed by the Company with the SEC, including quarterly reports on Form 10-Q, reports on Form 8-K and annual reports on Form 10-K. Staffing 360 Solutions does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law.

Investor Relations Contact:
Harvey Bibicoff, CEO
Bibicoff + MacInnis, Inc.
818.379.8500 harvey@bibimac.com

FAQ

When will Staffing 360 Solutions release its 2019 financial results?

Staffing 360 Solutions will release its 2019 financial results on May 11, 2020, after the market closes.

What is the schedule for the Staffing 360 Solutions conference call?

The conference call to discuss the financial results will take place on May 12, 2020, at 9:30 AM ET.

What is Staffing 360 Solutions' business strategy?

The company employs a buy-integrate-build strategy, focusing on acquisitions in the staffing industry to drive revenue growth.

What are the risks mentioned in Staffing 360 Solutions' press release?

Risks include the ability to raise capital, economic conditions affecting business growth, and challenges in integrating acquisitions.