secwatch.observer — SEC 8-K summary
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Issuer:     ManpowerGroup Inc. (MAN)
CIK:        0000871763
Form:       8-K
Filed at:   2024-07-18T23:59:59+00:00
Accession:  0000950170-24-084438
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ManpowerGroup Q2 revenue $4.5B (-7%); adj EPS $1.30; Q3 guide $1.25-$1.35
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- Revenue $4.5B, -7% as reported (-3% cc); net earnings $60.1M ($1.24 diluted EPS).
- Adjusted EPS $1.30 excluding $0.06 Proservia Germany run-off; down 12% cc YoY.
- Gross profit margin 17.4%; SG&A reduced 9% as reported; $27M stock repurchased.
- Q3 diluted EPS guided $1.25-$1.35, including $0.05 unfavorable FX impact.
- Cautious hiring in North America and Europe; solid demand in Latin America and Asia-Pacific.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/871763/000095017024084438/0000950170-24-084438-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/871763/000095017024084438/man-20240718.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-084438

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