secwatch.observer — SEC 8-K summary
======================================

Issuer:     ManpowerGroup Inc. (MAN)
CIK:        0000871763
Form:       8-K
Filed at:   2023-07-20T23:59:59+00:00
Accession:  0000950170-23-033590
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ManpowerGroup Q2 net earnings $1.29/diluted share vs $2.29 YoY; revenues $4.9B down 4%
--------------------------------------------------------------------------------

- Net earnings $65.2M ($1.29 diluted) down from $122.2M ($2.29) YoY; adjusted EPS $1.58 excluding $0.29 restructuring/Argentina FX.
- Revenue $4.9B, -4% as reported, -3% constant currency; declines in US and Europe, strength in LatAm/APAC.
- $50M common stock repurchased in Q2; decision to wind down Proservia managed services in Germany.
- Q3 2023 diluted EPS guidance $1.32-$1.42, includes 8 cent favorable currency impact; excludes restructuring/Argentina losses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/871763/000095017023033590/0000950170-23-033590-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/871763/000095017023033590/man-20230720.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-033590

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer