---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-001137"
form_type: "8-K"
ticker: "RGP"
cik: "0001084765"
company_name: "RESOURCES CONNECTION, INC."
filed_at: "2023-07-24T23:59:59+00:00"
generated_at: "2026-06-13T03:57:29.790900+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Resources Connection Q4 revenue $184.4M beats guidance; diluted EPS $0.35 vs $0.61 YoY

## Summary
- Q4 revenue $184.4M, down 15% YoY but above guidance range; same-day constant currency revenue down 11.5% excluding divested taskforce.
- Gross margin 41.1% vs 41.3% prior year; full-year gross margin 40.4% (110 bps improvement) due to pricing initiatives.
- Q4 net income $11.8M ($0.35 diluted EPS) vs $20.5M ($0.61) prior year; full-year net income $54.4M ($1.59 diluted EPS).
- Dividend unchanged at $0.14/share; financial liquidity $291M, up from $224M at FY2022 year-end.
- Management cites challenging macro but confident in agile co-execution model; SG&A $56.5M including $1.9M tech transformation costs.

## SEC filing metadata
- accession: 0001157523-23-001137
- form_type: 8-K
- ticker: RGP
- cik: 0001084765
- company_name: RESOURCES CONNECTION, INC.
- filed_at: 2023-07-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1084765/000115752323001137/0001157523-23-001137-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1084765/000115752323001137/a53474637.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001137
- JSON: https://secwatch.observer/filing/0001157523-23-001137.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001137.txt

## Key facts
- Earnings Releases
  RESOURCES CONNECTION, INC. reported the fourth quarter ended May 27, 2023 results: revenue $184.4 million, net income $11.8 million, EPS $0.35.
  - Period: the fourth quarter ended May 27, 2023
  - Revenue: $184.4 million
  - Net income: $11.8 million
  - EPS: $0.35
  - Result: reported results
  source text: Fourth Quarter Fiscal 2023 Highlights Compared to Prior Year Quarter: Revenue of $184.4 million declined 15.0% compared to $217.0 million, which included $7.7 million of revenue attributed to taskforce , divested at the beginning of fiscal 2023 Same-day constant currency revenue, a non-GAAP measure, declined 11.5% excluding taskforce Gross margin remained strong at 41.1% compared to 41.3% Selling, general and administrative expenses (“SG&A”) of $56.5 million, including $1.9 million of technology transformation costs, or 30.6% of revenue, up 330 basis points Net income of $11.8 million (net income margin of 6.4%) compared to $20.5 million (net income margin of 9.5%) Diluted earnings per common share of $0.35 compared to $0.61 Adjusted EBITDA, a non-GAAP measure, was $23.2 million, or 12.6% Adjusted EBITDA margin compared to 15.4% Cash dividends declared of $0.14 per share consistent with the prior year quarter Available financial liquidity of $291.0 million, up from $224.0 million at fi
  evidence_url: https://www.sec.gov/Archives/edgar/data/1084765/000115752323001137/0001157523-23-001137-index.htm
- Earnings Releases
  RESOURCES CONNECTION, INC. reported the full fiscal year ended May 27, 2023 results: revenue $775.6 million, net income $54.4 million, EPS $1.59.
  - Period: the full fiscal year ended May 27, 2023
  - Revenue: $775.6 million
  - Net income: $54.4 million
  - EPS: $1.59
  - Result: reported results
  source text: Full Fiscal Year 2023 Highlights Compared to Prior Year: Revenue of $775.6 million declined 3.6% compared to $805.0 million, which included $27.6 million of revenue attributed to taskforce Same-day constant currency revenue, a non-GAAP measure, was up 1.1% excluding taskforce Gross margin of 40.4%, an improvement of 110 basis points SG&A of $228.8 million, including $6.4 million of technology transformation costs, or 29.5% of revenue, compared to 27.9% Net income of $54.4 million (net income margin of 7.0%), including goodwill impairment charge of $3.0 million related to Sitrick, compared to $67.2 million (net income margin of 8.3%) Diluted earnings per common share of $1.59 compared to $2.00 Adjusted EBITDA, a non-GAAP measure, of $100.2 million, or 12.9% Adjusted EBITDA margin, up 10 basis points
  evidence_url: https://www.sec.gov/Archives/edgar/data/1084765/000115752323001137/0001157523-23-001137-index.htm

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