STOCK TITAN

Kelly Svcs Inc - KELYB STOCK NEWS

Welcome to our dedicated page for Kelly Svcs news (Ticker: KELYB), a resource for investors and traders seeking the latest updates and insights on Kelly Svcs stock.

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.

Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.29%
Tags
conferences
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.96%
Tags
none
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.49%
Tags
dividends earnings
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.04%
Tags
none
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.15%
Tags
none
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.79%
Tags
none
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.72%
Tags
none
-
Rhea-AI Summary

Schools in Minnesota are actively hiring as the back-to-school season approaches, providing opportunities for career changers looking to make a significant impact on students. Amid a workforce exodus of 7.5 million people, Teachers On Call is inviting individuals to explore roles such as substitute teachers, paraeducators, and various non-instructional positions, all while offering benefits like health insurance and retirement plans. With many immediate openings, the initiative aims to support student learning recovery during the 2021-22 school year.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.37%
Tags
none

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
Link
United States
TROY