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Kelly Svcs Inc - KELYB STOCK NEWS

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Kelly Services, Inc., also known as Kelly, is a global specialty talent solutions provider offering workforce solutions and consulting services. With operations in various sectors like financial services, IT, law, and more, the company is divided into five segments, including Professional & Industrial, Science, Engineering & Technology, Education, Outsourcing & Consulting, and International. Kelly recently acquired Motion Recruitment Partners, LLC, expanding its market-leading solutions portfolio and enhancing its focus on higher-margin, higher-growth specialty outcome-based and staffing services. The acquisition is part of Kelly's strategy to pursue inorganic investments, unlock significant capital, and optimize its operating model, aligning with its goal to provide top-quality talent solutions.

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Kelly Education announced its 2022 Substitute Educator of the Year award recipients during National Teacher Appreciation Week. Four educators from across the U.S. were selected from nearly 1,100 nominations, each receiving a $5,000 bonus and $1,500 for their chosen school. The award program highlights the critical role of substitute educators amid a national educator shortage. According to CEO Nicola Soares, this increased recognition underscores their commitment to supporting and compensating substitute teachers and their impact on student development.

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Kelly, a leading specialty talent solutions provider, will report its first-quarter earnings on May 12, 2022, before the market opens. A financial presentation will accompany the earnings release, available on their Investor Relations page. The company will host a conference call at 9 a.m. ET for discussions following the earnings announcement, accessible via internet and telephone.

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Kelly (Nasdaq: KELYA, KELYB) announced that its president and CEO, Peter Quigley, and CFO, Olivier Thirot, will present at NobleCon18 on April 20, 2022, in Hollywood, Florida. The presentation is scheduled for 10:30 a.m. ET, with breakout sessions at 3:15 p.m. ET and 10:45 a.m. ET on subsequent days. A high-definition video webcast will be available the day after the presentation, archived for 90 days on Kelly's website and other platforms. Kelly is a leading talent solutions provider, employing over 350,000 people and generating $4.9 billion in revenue in 2021.

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Kelly (Nasdaq: KELYA, KELYB), a leader in specialty talent solutions, will participate in the Sidoti Virtual Investor Conference on March 23-24, 2022. Key executives including Peter Quigley (CEO), Olivier Thirot (CFO), and James Polehna (CIR) will engage in virtual one-on-one meetings. The company's 2021 revenue reached $4.9 billion, employing over 350,000 individuals globally. For more details, visit kellyservices.com.

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Kelly (Nasdaq: KELYA, KELYB) announced the acquisition of RocketPower, a top provider of Recruitment Process Outsourcing (RPO) and talent solutions, on March 9, 2022. RocketPower, which generated $28 million in revenue in 2021, expects to achieve triple-digit growth in 2022. This acquisition aligns with Kelly's strategy to enhance its RPO offerings and further penetrate the high-tech sector, reflecting a growing demand for talent acquisition solutions in a changing market.

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Kelly (Nasdaq: KELYA, KELYB) has declared a quarterly dividend of $0.05 per share for both Class A and Class B common stock. The dividend will be paid on March 14, 2022, to shareholders of record at the close of business on February 28, 2022. In 2021, Kelly reported revenue of $4.9 billion and employs over 350,000 individuals globally, connecting talent across various sectors including Science, Engineering, and Office.

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On February 14, 2022, Kelly (KELYA, KELYB) reported a 0.7% increase in fourth-quarter revenue to $1.3 billion for 2021, adjusting to a 6.0% increase when accounting for the previous year's 14-week period. Earnings per share soared to $1.80 from $0.59 in the previous year, aided by gains from investments and insurance settlements. The company also announced a strategic shift in its relationship with Persol Holdings, reducing its ownership in a joint venture and monetizing its equity stakes for capital reinvestment. Overall, 2021 saw a return to profitability with $48.6 million in operating earnings.

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Kelly, a premier talent solutions provider (Nasdaq: KELYA, KELYB), is set to announce its fourth-quarter and full-year earnings on February 14, 2022, before the market opens. The earnings release will be accompanied by a financial presentation available on the Investor Relations section of its website. A conference call will follow at 9 a.m. ET, accessible via phone or internet. A recording will be available post-call. Kelly employs nearly 370,000 individuals globally and reported revenue of $4.5 billion in 2020, connecting talent with companies across various sectors.

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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.

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FAQ

What is the current stock price of Kelly Svcs (KELYB)?

The current stock price of Kelly Svcs (KELYB) is $13.84 as of February 20, 2025.

What is the market cap of Kelly Svcs (KELYB)?

The market cap of Kelly Svcs (KELYB) is approximately 482.9M.

What is Kelly Services, Inc.?

Kelly Services, Inc. is a global specialty talent solutions provider offering workforce solutions and consulting services.

How many business segments does Kelly have?

Kelly is divided into five segments: Professional & Industrial, Science, Engineering & Technology, Education, Outsourcing & Consulting, and International.

What recent acquisition did Kelly make?

Kelly recently acquired Motion Recruitment Partners, LLC, expanding its market-leading solutions portfolio.

What is the focus of Kelly's strategy?

Kelly's strategy focuses on higher-margin, higher-growth specialty outcome-based and staffing services.

How does Kelly aim to unlock capital?

Kelly executes strategic actions like selling non-core assets and optimizing its operating model to unlock capital.

What is the goal of Kelly's inorganic investments?

Kelly's inorganic investments aim to provide top-quality talent solutions and enhance its market position.
Kelly Svcs Inc

Nasdaq:KELYB

KELYB Rankings

KELYB Stock Data

482.85M
30.09M
96.59%
1.33%
Staffing & Employment Services
Services-help Supply Services
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United States
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