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 Inc (KELYA), a pioneer in global workforce solutions since 1946, maintains this dedicated news hub for investors and industry professionals. Access official press releases, financial updates, and strategic announcements from the staffing services leader.
Comprehensive Coverage: Track developments across KELYA's core operations including talent acquisition innovations, market expansions, and leadership updates. Our curated collection features earnings reports, partnership announcements, and regulatory filings.
Strategic Insights: Monitor updates from key business units - Professional & Industrial staffing, Science/Engineering placements, Education sector solutions, and global outsourcing initiatives. Stay informed about workforce trends impacting the $652B staffing industry.
Investor Resources: Find chronological updates on dividend declarations, executive appointments, and sustainability initiatives. All content is sourced directly from company communications and verified financial disclosures.
Bookmark this page for real-time access to KELYA's corporate communications. Combine our news archive with SEC filings and market analysis for complete investment research.
Kelly Education reports a significant need for substitute teachers in New Jersey, with some districts facing up to 50 openings. The organization emphasizes the importance of substitutes in providing educational continuity during the pandemic. The roles are particularly suited for parents, unemployed professionals, and college students, offering flexible schedules, steady pay, and training opportunities. Interested individuals can visit kellyeducation.com for more information.
Kelly (Nasdaq: KELYA, KELYB) has announced its participation in the J.P. Morgan Ultimate Services Investor Conference on November 19, 2020. Key executives, including Peter Quigley, Olivier Thirot, and James Polehna, will engage in virtual one-on-one meetings. Kelly connects talent in various sectors and reported $5.4 billion in revenue for 2019.
Kelly (Nasdaq: KELYA, KELYB) reported Q3 2020 revenue of $1.0 billion, a decline of 18.1% year-over-year due to continued COVID-19 demand issues. The company recorded an operating loss of $2.4 million and adjusted earnings of $7.0 million, down from $17.0 million in Q3 2019. Diluted earnings per share were $0.42 or $0.29 adjusted, compared to $0.43 last year. The quarter included a non-cash gain from an investment in Persol Holdings, offset by customer dispute losses.
Kelly (Nasdaq: KELYA, KELYB) is set to announce its third quarter earnings on November 5, 2020, before market opening. A conference call for investors will follow at 9:00 a.m. ET, accessible via phone or streaming online. Kelly specializes in connecting skilled professionals across various sectors including Science and Engineering, employing around 440,000 individuals globally. The company reported a revenue of $5.4 billion in 2019, underscoring its significant role in the talent solutions industry.
Kelly has launched the Equity@Work initiative aimed at creating a more equitable labor market by transforming hiring practices and addressing systemic barriers. CEO Peter Quigley announced key changes, including removing salary and criminal history from applications and updating drug offense policies. Collaborations with organizations such as the SHRM Foundation and the Detroit Regional Talent Compact will focus on improving access to education and job opportunities. This initiative seeks to connect more diverse candidates with employment opportunities and enhance inclusivity in the workforce.
Kelly (Nasdaq: KELYA, KELYB), a prominent specialty talent solutions provider, will present at the Sidoti Fall 2020 Virtual Investor Conference on September 23 & 24, 2020. Key executives, including Peter Quigley, Olivier Thirot, and James Polehna, will discuss the company's strategy and performance. The presentation is scheduled for 2:30 p.m. ET on September 24 and will be accessible via kellyservices.com. An audio replay will be available post-event.
Kelly announced the appointment of Vanessa Williams as Senior Vice President and General Counsel, effective immediately. Vanessa brings over 24 years of legal experience, previously serving at IHS Markit and R.L. Polk. She will oversee Kelly's legal and corporate security teams, manage compliance, and provide strategic legal guidance. CEO Peter Quigley expressed confidence that her background will support the company's growth strategy. Vanessa holds a Juris Doctorate from William & Mary Law School and an MBA from Wayne State University.
Kelly has appointed two key executives to enhance their staffing strategy: Amy Bouque as Chief HR Officer for full-time employees, and Jocelyn Lincoln as Chief Talent Officer focused on temporary workers. Bouque, previously with Ally Financial, is tasked with improving HR practices, while Lincoln, with 21 years at Kelly, aims to enhance the experience for temporary workers. CEO Peter Quigley expressed that both roles are crucial as Kelly navigates the evolving workforce landscape, emphasizing the importance of a strong temporary worker experience.
Kelly (Nasdaq: KELYA) reported Q2 2020 results, showing a 28.7% revenue decline year-over-year, totaling $1.0 billion. Operating earnings fell 68.2% to $11.1 million, with adjusted earnings of $10.9 million. Diluted EPS was $1.04, down 50.9%, while adjusted EPS decreased 37.0% to $0.51. The decline is attributed to reduced demand due to the COVID-19 crisis. CEO Peter Quigley noted ongoing efforts to enhance profitability and shift towards specialization in response to market challenges.
KellyOCG has been recognized as a Leader and Star Performer in Everest Group's 2020 PEAK Matrix Assessments for Services Procurement and a Major Contender in Recruitment Process Outsourcing (RPO). This marks the second consecutive year as a Leader in Services Procurement, with high ratings in vision & strategy and delivery footprint. The report highlights KellyOCG's strong performance in supplier management, technology investments, and analytics capabilities. With a focus on small and mid-markets, the firm continues to enhance its service offerings.
