---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-013572"
form_type: "8-K"
ticker: "MAN"
cik: "0000871763"
company_name: "ManpowerGroup Inc."
filed_at: "2023-04-20T23:59:59+00:00"
generated_at: "2026-06-16T23:09:46.307922+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# ManpowerGroup Q1 revenue $4.8B (-8% YoY); EPS $1.51; guides Q2 $1.58-$1.68

## Summary
- Net earnings $77.8M ($1.51 diluted EPS); adjusted EPS $1.61 excluding $0.10 restructuring charge.
- Revenue $4.8B, down 8% as reported (-2% constant currency); gross profit margin 18.2%, up 80 bps.
- Free cash flow $111M; repurchased $30M of common stock during the quarter.
- Q2 2023 diluted EPS guidance of $1.58 to $1.68, including ~$0.03 unfavorable currency impact.
- Demand softening in U.S. and Europe; employers hiring selectively while retaining existing staff.

## SEC filing metadata
- accession: 0000950170-23-013572
- form_type: 8-K
- ticker: MAN
- cik: 0000871763
- company_name: ManpowerGroup Inc.
- filed_at: 2023-04-20T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/871763/000095017023013572/0000950170-23-013572-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/871763/000095017023013572/man-20230420.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-013572
- JSON: https://secwatch.observer/filing/0000950170-23-013572.json
- Plain text: https://secwatch.observer/filing/0000950170-23-013572.txt

## Key facts
- Earnings Releases
  ManpowerGroup Inc. reported the three months ended March 31, 2023 results: revenue $4.8 billion, net income $77.8 million, EPS $1.51 per diluted share. Guidance reaffirmed.
  - Period: the three months ended March 31, 2023
  - Revenue: $4.8 billion
  - Net income: $77.8 million
  - EPS: $1.51 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Exhibit 99.1 FOR IMMEDIATE RELEASE Contact: Nick Hengst +1.414.906.7356 nicholas.hengst@manpowergroup.com ManpowerGroup Reports 1 st Quarter 2023 Results • Revenues of $4.8 billion (-8% as reported, -2% constant currency (CC)) • Gross profit margin of 18.2%, up 80 basis points year over year reflecting continued strong pricing discipline and increased
  evidence_url: https://www.sec.gov/Archives/edgar/data/871763/000095017023013572/0000950170-23-013572-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.