secwatch.observer — SEC 8-K summary
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Issuer:     KELLY SERVICES INC (KELYA)
CIK:        0000055135
Form:       8-K
Filed at:   2025-02-13T23:59:59+00:00
Accession:  0000055135-25-000004
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kelly Services Q4 revenue $1.2B, organic +4.4%; CEO Quigley to retire by end of 2025
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- Q4 GAAP operating loss $56.7M on $80.8M impairment; adjusted operating income $29.2M, up 32% YoY.
- Q4 adjusted EBITDA $43.5M (+34% YoY), margin 3.7% (+110bps); FY adjusted EBITDA $143.5M (+31%), margin 3.3% (+100bps).
- Full-year revenue $4.3B (-10.4% reported); organic +0.5%; MRP acquisition contributed 5.9%.
- CEO Peter Quigley plans to retire in 2025 upon appointment of successor; board initiating search.
- Company expects organic revenue growth and adjusted EBITDA margin expansion in FY2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/55135/000005513525000004/0000055135-25-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/55135/000005513525000004/kelya-20250213.htm
  HTML page:      https://secwatch.observer/filing/0000055135-25-000004

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