Earnings summaries and quarterly performance for KELLY SERVICES.
Executive leadership at KELLY SERVICES.
Chris Layden
Detailed
President and Chief Executive Officer
CEO
NS
Nicola Soares
Detailed
Senior Vice President and President, Kelly Education
TA
Troy Anderson
Detailed
Executive Vice President and Chief Financial Officer
VW
Vanessa Williams
Detailed
Executive Vice President, General Counsel and Corporate Secretary
Board of directors at KELLY SERVICES.
Research analysts who have asked questions during KELLY SERVICES earnings calls.
JG
Joseph Gomes
G.research, LLC
4 questions for KELYA
Also covers: ACCO, BTBT, CMTL +17 more
KS
Kevin Steinke
Barrington Research
4 questions for KELYA
Also covers: ACCO, BEEP, CCRN +9 more
Marc Riddick
Sidoti & Company, LLC
3 questions for KELYA
Also covers: ABM, BBSI, BEEP +14 more
KM
Kartik Mehta
Northcoast Research
2 questions for KELYA
Also covers: ADP, BETR, CTAS +15 more
Will Brunemann
Northcoast Research
1 question for KELYA
Also covers: VVI
WG
Will Grinman
Northcoast Research
1 question for KELYA
Recent press releases and 8-K filings for KELYA.
Kelly Services Announces Hunt Equity Opportunities as Controlling Stockholder and Board Appointments
KELYA
M&A
Board Change
- Hunt Equity Opportunities, LLC became the controlling stockholder of Kelly Services, Inc. (KELYA) on January 30, 2026, by acquiring 3,039,940 shares of Class B Common Stock from Terence E. Adderley Revocable Trust K, resulting in Hunt owning 92.2% of the Class B Common Stock.
- The company's Board of Directors saw significant changes, with four designees from Hunt (James Christopher Hunt, Angela Brock-Kyle, Edward Escudero, and James K. Hunt) appointed, and James Christopher Hunt serving as Chairman. Five previous directors resigned.
- Kelly Services entered into a Registration Rights Agreement with Hunt, granting Hunt demand and piggyback registration rights for its shares.
- The company also amended its Third Amended and Restated Credit Agreement to ensure the transaction with Hunt does not trigger a "Change in Control" event.
- Kelly Services may now avail itself of the "controlled company" exemption under Nasdaq listing standards, which could impact the independence of its board and committees.
7 days ago
Kelly Services Announces Agreement with Hunt Equity Opportunities and Board Changes
KELYA
M&A
Board Change
Takeover Bid
- Kelly Services entered into a Letter Agreement with Hunt Equity Opportunities, LLC to amend and expire its stockholder rights plan.
- On January 30, 2026, Hunt acquired 3,039,940 shares of Class B Common Stock from Trust K, making Hunt the controlling stockholder with 92.2% of the Class B Common Stock.
- The Board of Directors composition changed, effective January 30, 2026, with four designees from Hunt joining the Board, and Chris Hunt becoming the Company's chairman. Five directors resigned from the Board.
7 days ago
Kelly Reports Q3 2025 Earnings with Revenue Decline and Goodwill Impairment
KELYA
Earnings
Guidance Update
Demand Weakening
- Kelly reported Q3 2025 revenue of $935.0 million, a 9.9% decrease year-over-year, with underlying revenue down approximately 2.0%.
- The company recorded a Q3 2025 operating loss of $102.1 million, primarily due to $102.0 million in non-cash goodwill impairment charges. Adjusted earnings per share were $0.18.
- Adjusted EBITDA for Q3 2025 was $16.5 million, with an adjusted EBITDA margin of 1.8%, a 70 basis point decrease year-over-year.
- For Q4 2025, Kelly forecasts a total year-over-year revenue decline of 12% to 14% and an adjusted EBITDA margin of approximately 3%.
- Chris Layden has been appointed chief executive officer, and the company intends to pursue Class A share repurchases in Q4.
Nov 6, 2025, 12:42 PM
Kelly Reports Third-Quarter 2025 Earnings
KELYA
Earnings
Guidance Update
Demand Weakening
- Kelly reported Q3 2025 revenue of $935.0 million, marking a 9.9% year-over-year decrease, with underlying revenue down approximately 2.0% when excluding discrete U.S. federal government and large customer impacts.
- The company recorded a Q3 2025 net loss of $150.1 million (or $4.26 per share), significantly impacted by $102.0 million in non-cash goodwill impairment charges and a $69.7 million valuation allowance on deferred tax assets.
- Adjusted EBITDA for Q3 2025 was $16.5 million, resulting in an adjusted EBITDA margin of 1.8%, a 70 basis point decrease from the prior year. Adjusted earnings per share were $0.18 for the quarter.
- For Fiscal 2025 Q4, Kelly anticipates a total year-over-year revenue decline of 12% to 14% and an adjusted EBITDA margin of approximately 3%. The company also expects to be active with Class A share repurchases in Q4.
Nov 6, 2025, 12:30 PM
Kelly Services Reports Q2 Earnings Surge, Forecasts Q3 Revenue Decline
KELYA
Earnings
Guidance Update
Demand Weakening
- Kelly Services reported a significant increase in Q2 2025 net earnings to $19.0 million or $0.52 per share, with adjusted earnings of $0.54 per share.
- The company's Q2 2025 revenue grew 4.2% year-over-year to approximately $1.1 billion, primarily driven by acquisitions, though organic revenue declined due to reduced demand from U.S. federal contractors and some large customers.
- Kelly Services expects a year-over-year revenue decline of 5 to 7 percent in Q3 2025, alongside modest margin improvements and an adjusted EBITDA margin expansion of 80 to 90 basis points.
- The company declared a dividend of $0.075 per share payable in September 2025.
Aug 7, 2025, 12:12 PM
Kelly Services Q1 2025 Investor Presentation
KELYA
Revenue Acceleration/Inflection
M&A
- Financial Performance: In 2024, Kelly delivered $4.3 billion in revenue with a 3.3% adjusted EBITDA margin—an improvement of 100 basis points over 2023—highlighting strong organic growth.
- Industry Leadership: With 78 years of experience, the company emphasizes its position as a leading global specialty talent solutions provider, operating three market-leading business units and placing 400,000 individuals in 2024.
- Strategic Transformation: The presentation outlines initiatives to streamline operations, enhance efficiency, and optimize capital allocation to drive long-term value.
May 22, 2025, 12:00 AM
Quarterly earnings call transcripts for KELLY SERVICES.
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