Kelly Services, Inc., together with its subsidiaries, provides workforce solutions to various industries. The company operates through five segments: Professional & Industrial; Science, Engineering & Technology; Education; Outsourcing & Consulting; and International. The Professional & Industrial segment delivers staffing in the areas of office, professional, light industrial, and contact center specialties. The Science, Engineering & Technology segment offers staffing in the areas of science and clinical research, engineering, information technology, and telecommunications specialties. The Education segment provides staffing and executive search services to the K-12, early childhood, and higher education markets. The Outsourcing & Consulting segment offers recruitment process outsourcing, payroll process outsourcing, and talent advisory services, as well as managed services. The International segment provides staffing and direct-hire services in Europe and Mexico. The company serves customers in the United States, Canada, Mexico, Puerto Rico, France, Switzerland, Portugal, Russia, the United Kingdom, Italy, Germany, Ireland, rest of Europe, and the Asia-Pacific region. Kelly Services, Inc. was founded in 1946 and is headquartered in Troy, Michigan.
IPO Year:
Exchange: NASDAQ
Website: kellyservices.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
12/7/2022 | Buy → Neutral | Northcoast | |
8/10/2021 | $29.00 | Neutral → Buy | Northcoast |
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4 - KELLY SERVICES INC (0000055135) (Issuer)
4 - KELLY SERVICES INC (0000055135) (Issuer)
4 - KELLY SERVICES INC (0000055135) (Issuer)
4 - KELLY SERVICES INC (0000055135) (Issuer)
4 - KELLY SERVICES INC (0000055135) (Issuer)
4 - KELLY SERVICES INC (0000055135) (Issuer)
4 - KELLY SERVICES INC (0000055135) (Issuer)
4 - KELLY SERVICES INC (0000055135) (Issuer)
Northcoast downgraded Kelly Services from Buy to Neutral
Northcoast upgraded Kelly Services from Neutral to Buy and set a new price target of $29.00
Noble Financial upgraded Kelly Services from Market Perform to Outperform and set a new price target of $25.00
Noble Financial resumed coverage of Kelly Services with a rating of Buy and set a new price target of $25.00
Barrington Research reiterated coverage of Kelly Services with a rating of Outperform and set a new price target of $26.00 from $24.00 previously
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TROY, Mich., May 08, 2025 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB)), a leading specialty talent solutions provider, today announced results for the first quarter of 2025. Q1 revenue of $1.16 billion, up 11.5% year-over-year reflecting previously disclosed acquisitions, and up 0.2% on an organic basis Q1 operating earnings of $10.8 million; $22.1 million on an adjusted basis, down 4.3% versus the prior year periodQ1 adjusted EBITDA of $34.9 million, up 4.8% versus the prior year; adjusted EBITDA margin decreased 20 basis points (bps) to 3.0%Company expects year-over-year revenue growth of 6.0% to 7.0% in Q2. Also expects Q2 year-over-year adjusted EBITDA margin decline of 20 to 30
TROY, Mich., May 05, 2025 (GLOBE NEWSWIRE) -- Kelly Education proudly announces the recipients of its annual Educator of the Year Award. This tradition highlights the outstanding contributions of substitute educators, tutors, and school support staff who go above and beyond to make a difference in the lives of students, schools, and communities. This year, the award recognizes individuals who embody passion, dedication, and a commitment to education. To be eligible for the honor, nominees must be actively employed with Kelly Education and recommended by school staff members who have witnessed their positive impact firsthand. Award winners each received a $5,000 bonus, as well as $1,500
TROY, Mich., April 30, 2025 (GLOBE NEWSWIRE) -- KellyOCG®, the outsourcing and consulting group of Kelly (NASDAQ:KELYA, KELYB)), has earned recognition as a Partner-level supplier for 2024 in the John Deere Achieving Excellence Program. The Partner-level status is Deere & Company's highest supplier rating. KellyOCG is a supplier of Managed Service Provider (MSP) and Recruitment Process Outsourcing (RPO) solutions to John Deere's operation in the U.S. and Canada. It was selected for the honor in recognition of its dedication to providing products and service of outstanding quality as well as its commitment to continuous improvement. Suppliers who participate in the Achieving Excellence pr
TROY, Mich., April 24, 2025 (GLOBE NEWSWIRE) -- Kelly, a leading global specialty talent solutions provider, will release its first-quarter earnings before the market opens on Thursday, May 8, 2025. In conjunction with its earnings release, Kelly will publish a financial presentation and host a live webcast of a conference call with financial analysts at 9 a.m. ET on May 8 to review the results from the quarter and answer questions. The presentation and a link to the live webcast will be accessible through the Company's public website on the Investor Relations page under Events & Presentations. The webcast will be recorded, and a replay will be available within one hour of completion of t
TROY, Mich., April 03, 2025 (GLOBE NEWSWIRE) -- Kelly Education, the nation's most trusted provider of education talent and workforce solutions, is expanding its commitment to Virginia substitute teacher development with the rollout of Kelly Education Learning Pathways™. This enhanced professional learning platform is designed to equip substitute educators with the skills and confidence they need to succeed in the classroom. The inaugural offering for substitute teachers is available in three levels: Essential, Enhanced, and Exemplary. This comprehensive online training program is designed to help districts develop a more effective and well-prepared substitute teaching workforce. Kelly Ed
TROY, Mich., April 03, 2025 (GLOBE NEWSWIRE) -- Kelly Education, the nation's most trusted provider of education talent and workforce solutions, is expanding its commitment to Kentucky substitute teacher development with the rollout of Kelly Education Learning Pathways™. This enhanced professional learning platform is designed to equip substitute educators with the skills and confidence they need to succeed in the classroom. The inaugural offering for substitute teachers is available in three levels: Essential, Enhanced, and Exemplary. This comprehensive online training program is designed to help districts develop a more effective and well-prepared substitute teaching workforce. In Kentu
TROY, Mich., April 03, 2025 (GLOBE NEWSWIRE) -- Kelly Education, the nation's most trusted provider of education talent and workforce solutions, is expanding its commitment to Illinois substitute teacher development with the rollout of Kelly Education Learning Pathways™. This enhanced professional learning platform is designed to equip substitute educators with the skills and confidence they need to succeed in the classroom. The inaugural offering for substitute teachers is available in three levels: Essential, Enhanced, and Exemplary. This comprehensive online training program is designed to help districts develop a more effective and well-prepared substitute teaching workforce. Illinois
TROY, Mich., March 12, 2025 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB)), a leading global specialty talent solutions provider, today announced it will participate in the Sidoti Virtual Investor Conference on Wednesday, March 19, 2025. Peter Quigley, president and chief executive officer, Troy Anderson, executive vice president and chief financial officer, and Scott Thomas, head of investor relations, will participate in one-on-one meetings. Kelly's investor presentation is available on the Company's website. About Kelly® Kelly Services, Inc. (NASDAQ:KELYA, KELYB)) helps companies recruit and manage skilled workers and helps job seekers find great work. Since inven
TROY, Mich., March 11, 2025 (GLOBE NEWSWIRE) -- Today, Kelly Education, the nation's leading provider of education workforce solutions, announced that it is approved as a vendor by the Wisconsin Department of Public Instruction (Wisconsin DPI) to provide substitute teacher training. To qualify for a three-year substitute permit, the State of Wisconsin requires that individuals who do not hold a degree or certification in education complete a state-approved course. This designation allows Kelly Education to support Wisconsin schools by offering an engaging online program featuring a comprehensive curriculum for individuals aspiring to become substitute teachers. The training provides a conv
TROY, Mich., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB)), a leading specialty talent solutions provider, today announced the formation of an integrated permanent hiring solutions business line resulting from the combination of KellyOCG's global recruitment process outsourcing (RPO) specialty and Motion Recruitment Partners' talent acquisition solutions brand, Sevenstep. The integrated business creates a leading talent solutions offering that ranks among the top five globally, differentiated by innovative technology including a proprietary talent data integration and predictive analytics platform. Learn more about these capabilities here: https://www.sevensteptalent.com/k
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8-K - KELLY SERVICES INC (0000055135) (Filer)
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NEW YORK, Dec. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from t
TROY, Mich., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB))), a leading global specialty talent solutions provider, today announced that Troy R. Anderson has been named executive vice president and chief financial officer designate, effective October 14, 2024. Following an orderly transition of responsibilities, Anderson will succeed Olivier Thirot, executive vice president and chief financial officer, who on July 8, 2024, informed Kelly of his intention to retire as an officer of the Company. Upon completion of the transition, Thirot will serve as a strategic advisor to the Company. "I am pleased to welcome Troy to Kelly as the Company's next chief financial officer. His
MICHIGAN CITY, Ind., Dec. 20, 2022 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) Horizon Bancorp, Inc. ("Horizon") announced today the retirement of Daniel F. Hopp from the Board of Directors (the "Board") and the appointment of Vanessa P. Williams to serve on the Board of Horizon Bancorp, Inc. Mr. Hopp will retire from the Board effective December 31, 2022 after serving for the past 18 years and reaching Horizon's mandatory retirement age. Mr. Hopp began his service to the Board of Directors of Horizon Bank in 2004 and from July 2013 through June 2022 served as Horizon Bancorp's Lead Director. In his tenure, he served on the Board's Compensation and Nominating Committee as well as the Corporate
MICHIGAN CITY, Ind., Jan. 19, 2022 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) Horizon Bancorp, Inc. ("Horizon" or the "Company") announced today the appointment of Vanessa Williams to serve as an independent director on the Board of its wholly owned subsidiary, Horizon Bank. Williams is Senior Vice President and General Counsel of Kelly Services, Inc. (NASDAQ:KELYA, KELYB))), a leading global workforce solutions company headquartered in Troy, Mich. "We are pleased to have an accomplished public company leader of Vanessa's caliber, based in one of Horizon Bank's most vibrant markets, joining our Board as we execute our strategy for accelerating growth and shareholder value creation," said Chai
TROY, Mich., July 20, 2021 (GLOBE NEWSWIRE) -- Institutions of higher learning are facing a dual challenge ahead of the 2021/22 academic year. The COVID-19 pandemic has caused enrollments to fluctuate at unprecedented levels while intensifying budget challenges across our nation's colleges and universities. Recognizing that these unknowns demand innovative workforce solutions, Kelly Education today announced the appointment of Dr. Michael Plater as vice president and practice leader for higher education. As the higher education leader for the nation's largest provider of education talent, Dr. Plater is tasked with reimagining college and university staffing models. He will expand workfo
TROY, Mich., July 12, 2021 (GLOBE NEWSWIRE) -- Kelly, a global leader in providing workforce solutions, today announced the appointment of Darren Simons as Chief Digital Officer. In this position, Darren has responsibility for leading an enterprise digitization roadmap, driving digital innovation that transforms and optimizes Kelly's business processes, developing new tech-enabled customer and candidate-facing solutions, creating new business models, and improving both internal and external digital experiences. He reports directly to Kelly President and CEO Peter Quigley. With a strong track record of driving digital innovation as well as leading enterprise-wide technology adoption and bu
TROY, Mich., May 08, 2025 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB)), a leading specialty talent solutions provider, today announced results for the first quarter of 2025. Q1 revenue of $1.16 billion, up 11.5% year-over-year reflecting previously disclosed acquisitions, and up 0.2% on an organic basis Q1 operating earnings of $10.8 million; $22.1 million on an adjusted basis, down 4.3% versus the prior year periodQ1 adjusted EBITDA of $34.9 million, up 4.8% versus the prior year; adjusted EBITDA margin decreased 20 basis points (bps) to 3.0%Company expects year-over-year revenue growth of 6.0% to 7.0% in Q2. Also expects Q2 year-over-year adjusted EBITDA margin decline of 20 to 30
TROY, Mich., April 24, 2025 (GLOBE NEWSWIRE) -- Kelly, a leading global specialty talent solutions provider, will release its first-quarter earnings before the market opens on Thursday, May 8, 2025. In conjunction with its earnings release, Kelly will publish a financial presentation and host a live webcast of a conference call with financial analysts at 9 a.m. ET on May 8 to review the results from the quarter and answer questions. The presentation and a link to the live webcast will be accessible through the Company's public website on the Investor Relations page under Events & Presentations. The webcast will be recorded, and a replay will be available within one hour of completion of t
TROY, Mich., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB)), a leading specialty talent solutions provider, today announced fourth-quarter and full-year 2024 earnings. Q4 revenue of $1.2 billion, down 3.3% year-over-year reflecting the previously disclosed dispositions and acquisitions, and up 4.4% on an organic basis. Full-year revenue of $4.3 billion, down 10.4% as reported and up 0.5% on an organic basis.Q4 operating loss of $56.7 million on $80.8 million non-cash impairment charges; $29.2 million of operating income on an adjusted basis, up 32% versus the prior year periodQ4 adjusted EBITDA of $43.5 million, up 34% versus the prior year; adjusted EBITDA margin increas
TROY, Mich., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Kelly, a leading global specialty talent solutions provider, will release its fourth-quarter and full-year earnings before the market opens on Thursday, February 13, 2025. In conjunction with its earnings release, Kelly will publish a financial presentation and host a live webcast of a conference call with financial analysts at 9 a.m. ET on February 13 to review the results from the quarter and answer questions. The presentation and a link to the live webcast will be accessible through the Company's public website on the Investor Relations page under Events & Presentations. The webcast will be recorded, and a replay will be available within
Following the sale of European staffing operations, Q3 revenue down 7.1% year-over-year; nearly flat on an organic basis Q3 operating earnings of $2.6 million; $11.7 million on an adjusted basis, down 24.5%Q3 adjusted EBITDA margin increased 20 basis points to 2.5%Company expects sale of European staffing operations, acquisition of Motion Recruitment Partners, LLC ("MRP"), ongoing transformation actions to contribute to continued year-over-year EBITDA margin expansion in Q4 2024 TROY, Mich., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB)), a leading specialty talent solutions provider, today announced results for the third quarter of 2024. Peter Quigley, president and chie
TROY, Mich., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Kelly, a leading global specialty talent solutions provider, will release its third-quarter earnings before the market opens on Thursday, November 7, 2024. In conjunction with its third-quarter earnings release, Kelly will publish a financial presentation on the Investor Relations page of its public website and will host a conference call at 9 a.m. ET. The call may be accessed in one of the following ways: Via the internet:kellyservices.com Via the telephone:(877) 692-8955 (toll free) or (234) 720-6979 (caller paid)Enter access code 5728672After the prompt, please enter "#" A recording of the conference call will be available after 1:30 p.
TROY, Mich., Oct. 08, 2024 (GLOBE NEWSWIRE) -- KellyOCG®, the outsourcing and consulting group of Kelly, has been named a Leader on Everest Group's 2024 PEAK Matrix® assessments for both Contingent Workforce Management (CWM) / Managed Service Provider (MSP) and Services Procurement. The workforce solutions provider was also recognized as a Star Performer in the MSP category. The PEAK Matrix provides an objective, data-driven assessment of US contingent workforce providers based on their market impact, vision, and capability. Providers are assessed in seven categories: market adoption, portfolio mix, value delivered, scope of services, innovation and investments, delivery footprint, and vi
Q2 operating earnings of $12.2 million; $28.1 million on an adjusted basis, up 95% Q2 revenue down following sale of European staffing operations; up 0.6% on an organic basis Q2 adjusted EBITDA margin increased 170 basis points to 3.7% driven by meaningful reduction in operating expenses resulting from business transformation initiatives and sale of European staffing operations Company expects further expansion of EBITDA margin from the May 31, 2024 acquisition of Motion Recruitment Partners, LLC ("MRP") TROY, Mich. , Aug. 08, 2024 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB))), a leading specialty talent solutions provider, today announced results for the second quarter of 2024. Pete
TROY, Mich., July 25, 2024 (GLOBE NEWSWIRE) -- Kelly, a leading global specialty talent solutions provider, will release its second-quarter earnings before the market opens on Thursday, August 8, 2024. In conjunction with its second-quarter earnings release, Kelly will publish a financial presentation on the Investor Relations page of its public website and will host a conference call at 9 a.m. ET. The call may be accessed in one of the following ways: Via the internet:kellyservices.com Via the telephone:(877) 692-8955 (toll free) or (234) 720-6979 (caller paid)Enter access code 5728672After the prompt, please enter "#" A recording of the conference call will be available after
Transformational acquisition expected to accelerate EBITDA margin expansionMRP to continue delivering services through existing operating companies and brandsKelly management to host live webcast on June 18 to provide more details about the rationale for the acquisition and insights into MRP's financial profile TROY, Mich., June 03, 2024 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB))) ("the Company"), a leading global specialty talent solutions provider, today announced it has completed the acquisition of Motion Recruitment Partners, LLC ("MRP"), from Littlejohn & Co., LLC ("Littlejohn"), a private investment firm based in Greenwich, Connecticut. Kelly previously announced on May 3, 202