RESOURCES CONNECTION (RGP) Company Report

Resources Connection, Inc. announced a leadership change, with Roger Carlile appointed President and CEO effective November 3, 2025, succeeding Kate Duchene.
Ms. Duchene transitioned from President, CEO, and Board member on November 2, 2025, and will serve as an Executive Advisor until January 3, 2026, with her last day of employment being January 3, 2026.
Mr. Carlile's employment agreement includes an annual base salary of $825,000 and a target annual bonus opportunity of $950,000 for fiscal years after 2026 (pro-rated for fiscal year 2026), along with an initial award of 600,000 restricted stock units.
Ms. Duchene will receive $5,325,000 in cash severance, a $554,167 pro-rated target cash bonus for fiscal year 2026, a lump sum for healthcare continuation, and accelerated vesting of all outstanding and unvested equity awards.

Nov 3, 2025, 2:17 PM

RGP Reports Q1 2026 Results and Provides Q2 2026 Outlook

RGP

Earnings

Guidance Update

Layoffs

RGP reported Q1 2026 revenue of $120.2 million, exceeding its outlook range, with a gross margin of 39.5% (a 300 basis point increase from the prior year quarter) and adjusted EBITDA of $3.1 million.
For Q2 2026, the company anticipates revenue between $115 million and $120 million and expects a gross margin in the range of 38% to 39%.
The company is undergoing a transformation to become a diversified platform, focusing on CFO advisory and digital transformation, with its Europe and Asia-Pacific and outsourced services segments achieving year-over-year revenue growth of 5% and 4%, respectively.
RGP implemented a reduction in force in early October 2025, which is expected to generate $6 million to $8 million in annual cost savings, contributing to a Q1 2026 SG&A expense of $44.5 million, a 7% improvement from the prior year.
The company maintains a strong liquidity position with $77.5 million in cash and cash equivalents and zero outstanding debt.

Oct 8, 2025, 9:00 PM

Resources Connection, Inc. Reports Q1 Fiscal 2026 Financial Results

RGP

Earnings

Dividends

Demand Weakening

Resources Connection, Inc. reported revenue of $120.2 million for the first quarter of fiscal 2026, compared to $136.9 million in the first quarter of fiscal 2025.
The company's net loss improved to $2.4 million (net loss margin of 2.0%) in Q1 FY26, from a net loss of $5.7 million (net loss margin of 4.2%) in the prior year quarter.
GAAP diluted loss per common share improved to $0.07 from $0.17, and Adjusted diluted earnings per common share was $0.03, up from break-even in the prior year quarter.
Gross margin significantly improved to 39.5% from 36.5%, and selling, general and administrative expenses (SG&A) decreased to $47.9 million from $48.9 million year-over-year.
The company declared cash dividends of $0.07 per share for the quarter ended August 30, 2025.

Oct 8, 2025, 8:29 PM

Earnings Transcripts

Quarterly earnings call transcripts for RESOURCES CONNECTION.

Get instant answers from SEC filings, earnings calls & more

Get instant analysis when filings drop