Highest-materiality recent filing
Stockholders approved amendment to allow stockholder action by written consent, expand special meeting callers, and permit stockholders to fill board vacancies.
Kelly Services Q1 revenue $1.0B, down 10.7% YoY; operating loss $5.1M; sees H2 growth
Revenue $1.0B, down 10.7% YoY; underlying revenue (ex-discrete items) down ~3.3%, improved 60 bps from Q4 2025.
Kelly Services Q4 2025: Revenue down 11.9%, adjusted EPS $0.16, expects H2 recovery
Q4 revenue $1.1B (-11.9% YoY); operating loss $0.7M vs. loss $56.7M in Q4 2024.
Hunt Equity acquires 92.2% voting control of Kelly Services for $106M, appoints new board
Hunt purchased 3,039,940 Class B shares from Trust K for $106M, becoming controlling stockholder with 92.2% voting power.
Kelly adopts poison pill after 92.2% voting block agrees to sell to private party
Board adopts rights plan after Trust with 92.2% of Class B voting stock plans sale to private party.
Kelly Services SVP & President of Sci/Eng/Tech Daniel Malan to separate Nov 28, 2025
Daniel Malan, SVP and President of Science, Engineering & Technology, to separate effective Nov 28, 2025.
Kelly Services Q3 revenue down 9.9% to $935M; operating loss of $102M on $102M goodwill impairment
Q3 revenue $935.0M, down 9.9% YoY; underlying revenue down ~2% excluding discrete gov't & customer impacts.
Chris Layden appointed President and CEO, target start date September 2, 2025.
Kelly reports Q2 revenue up 4.2% to $1.1B; guides Q3 revenue down 5-7%
Q2 revenue $1.1B, +4.2% YoY (organic -3.3%); operating earnings $22.2M.
Kelly Services names Christopher Layden as President and CEO, start Sep 2, 2025
Layden, former Prolink COO, succeeds retiring CEO Peter Quigley; Quigley stays as strategic advisor and board member through May 2026.
Kelly Services Q1 revenue up 11.5% to $1.16B; adjusted EPS down to $0.39 from $0.56 YoY
Q1 revenue $1.16B (+11.5% YoY including acquisitions); organic growth 0.2%.
Kelly Services Q4 revenue $1.2B, organic +4.4%; CEO Quigley to retire by end of 2025
Q4 GAAP operating loss $56.7M on $80.8M impairment; adjusted operating income $29.2M, up 32% YoY.
Kelly Services corrects clerical error; share repurchase program of up to $50M expires Dec 2, 2026
Board approved repurchases of up to $50M of Class A common stock.
Kelly Q3 revenue $1.04B, down 7.1%; adjusted EPS $0.21 vs $0.50
Q3 revenue $1.04B, down 7.1% YoY; organic revenue nearly flat (-0.2%).
Kelly Services CFO Olivier Thirot to retire, transition to special advisor through 2026
Thirot will step down as CFO upon successful transition of successor, then serve as special advisor until Dec 31, 2026.
Kelly Q2 adj operating earnings up 95% to $28.1M; organic revenue +0.6%
Q2 revenue $1.06B, down 13.1% due to sale of European staffing; organic revenue up 0.6%.
Kelly Services closes acquisition of Motion Recruitment Partners; files MRP financials
Completed merger with MRP on June 3, 2024; MRP Topco becomes indirect subsidiary of Kelly.
Kelly Services closes $425M acquisition of Motion Recruitment Partners
Purchase price $425M, funded with debt and cash including $100M from European staffing sale.
Revenue $1.05B, down 17.6% YoY (organic -2.6%); operating earnings $26.8M vs $10.7M.
Kelly Services to acquire Motion Recruitment Partners for $425M cash plus up to $60M earnout
Kelly will pay $425M at close, plus up to $60M earnout based on gross profit milestone.
Kelly Q4 adjusted EPS $0.93, up from $0.18; European staffing sale completed
Q4 revenue $1.2B flat YoY; adjusted EPS $0.93 vs $0.18 YoY, up over 4x.
Koolhaas leaves March 31, 2024 after 15+ years; will assist Gi Group transaction through a transition period.
Kelly completes sale of European staffing business to Gi Group for €100M cash
Cash proceeds of €100M at close; additional earnout based on adjusted 2023 EBITDA payable in Q2 2024 if achieved.
Kelly Q3 adjusted EPS doubles to $0.50; EBITDA margin 2.3% vs 1.6%
Revenue $1.1B, down 4.3% YoY (down 5.8% constant currency).
Kelly sells European staffing business to Gi Group for up to €130M (€100M cash + €30M earnout)
Cash proceeds of €100M at close plus earnout of up to €30M based on adjusted 2023 EBITDA; expected close in Q1 2024.
Kelly Services Q2 2023 Revenue Down 3.9% Amid Transformation Charges; Declares Dividend
Q2 2023 revenue $1.2B, down 3.9% year-over-year; organic constant currency revenue down 2.2%
Kelly Q1 revenue down 2.2%, adjusted EPS $0.40; launches transformation program
Q1 revenue $1.3B, down 2.2% YoY; organic constant currency revenue down 0.5%.
Kelly Services Q4 GAAP loss $0.02/share; adjusted EPS $0.18, down 72% YoY on impairment
Q4 revenue $1.2B, down 1.3% YoY (up 0.7% constant currency); gross margin 20.3% (+60 bps).
Revenue $1.2B, down 2.3% (up 0.3% constant currency); operating loss $21.4M vs income $9.0M a year ago.
Kelly Q2 revenue $1.3B, up 0.7%; adjusted op earnings +63% to $22.3M; GAAP EPS $0.06
GAAP EPS $0.06 vs $0.60 in Q2 2021, hurt by $0.48 Russia impairment charge.
Kelly Q1 revenue up 7.5%; operating earnings +121%; dividend raised 50%
Revenue $1.3B (+7.5% YoY; +9.0% constant currency); operating earnings $23.4M up from $10.6M.
On March 6, 2025, Laura Lockhart, Vice President, Chief Accounting Officer, and Corporate Controller of Kelly Services, Inc. (the “Company”), informed the Company of her intention to retire as an officer effective December 31, 2025, or upon the appointment of her successor, if earlier.
On February 12, 2025, Kelly Services, Inc. (the “Company”) was notified by Donald R. Parfet that he intends to retire as a director effective as of the date of the Company’s 2025 annual shareholders meeting.
On February 12, 2025, Peter Quigley, the President and Chief Executive Officer of Kelly Services, Inc. (the “Company”), informed the Company's Board of Directors of his intention to retire as an officer in 2025 upon appointment of his successor.
who on July 8, 2024, informed the Company of his intention to retire as an officer of the Company.
On September 12, 2024, Kelly Services, Inc. (the “Company”) announced that Troy R. Anderson has been named Executive Vice President and Chief Financial Officer designate, with a target start date of October 14, 2024.
On June 8, 2024, Olivier Thirot, the Chief Financial Officers of Kelly Services, Inc. (the “Company”), informed the Company of his intention to retire as an officer in Q1 of 2025.
On July 8, 2024, Olivier Thirot, the Chief Financial Officers of Kelly Services, Inc. (the “Company”), informed the Company of his intention to retire as an officer in Q1 of 2025.
On January 2, 2024, Kelly Services Outsourcing and Consulting Group Sàrl, a wholly-owned subsidiary of the Company (“Kelly Services OCG”), and Ms. Koolhaas entered into a Termination Agreement, terminating her employment contract with Kelly Services OCG (the “Termination Agreement”) as of March 31, 2024.
Dinette Koolhaas, senior vice president and president of Kelly International, will end her more than 15-year tenure with Kelly and move on to new endeavors following the close of the transaction and after a transition period.
On May 17, 2023, Kelly Services, Inc. (the “Company”) filed a Current Report on Form 8-K reporting that Darren Simons, Chief Digital Officer, was leaving Kelly Services, Inc. effective June 2, 2023.
Darren Simons, Chief Digital Officer, is leaving Kelly Services, Inc. effective June 2, 2023.
On February 11, 2022, Kelly Services, Inc. (the “Company”) was notified by Jane E. Dutton that she intends to retire as a director effective as of the date of the Company’s 2022 annual meeting of stockholders.
Max materiality 0.85 · Median 0.60 · Most common event earnings