Kelly Services INC

Market Movers (8-K)

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NASDAQ
Kelly Services announced second-quarter 2026 results, reporting a revenue of $1.0 billion, a 5.8% decrease year-over-year, with an improved underlying revenue decline of 0.6%.
Worse than expected
NASDAQ
Kelly Services, Inc. announced that its stockholders approved significant amendments to its Certificate of Incorporation and Bylaws at the annual meeting on May 7, 2026, enhancing corporate governance and stockholder rights.
NASDAQ
Kelly Services announced first-quarter 2026 results, with revenue at $1.0 billion, a 10.7% decrease year-over-year, but underlying revenue decline improved sequentially.
Worse than expected
NASDAQ
Kelly Services announced significant net losses for the fourth quarter and full-year 2025, driven by revenue contraction and substantial impairment charges, despite a sixfold increase in free cash flow.
Worse than expected
NASDAQ
Hunt Equity Opportunities, LLC acquired a controlling 92.2% voting stake in Kelly Services, leading to significant board and governance changes.
Capital raise
NASDAQ
Kelly Services' Board unanimously adopted a stockholder rights plan to protect shareholder interests following a major Class B stock sale.

Quarterly Earnings (10-Q)

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NASDAQ
Kelly Services, Inc. announced its second quarter 2026 financial results, showing a year-over-year decrease in revenue and net earnings, though sequential improvements were noted across business segments.
Worse than expected
NASDAQ
Kelly Services, Inc. reported a net loss for the first quarter of 2026, with revenues down 10.7% year-over-year, reflecting ongoing strategic initiatives and market conditions.
Worse than expected
NASDAQ
Kelly Services reported a significant net loss of $150.1 million in the third quarter of 2025, primarily driven by a $102.0 million goodwill impairment charge and revenue declines in key segments.
Worse than expected
NASDAQ
Kelly Services reports a significant surge in second-quarter net earnings and operating profit, driven by strategic acquisitions and operational discipline, despite a mixed year-to-date performance.
Better than expected
NASDAQ
Kelly Services' Q1 2025 results show revenue growth driven by the MRP acquisition, strategic realignment, and focus on efficiency improvements.
Worse than expected
NASDAQ
Kelly Services' Q3 results show a revenue decline due to the sale of EMEA operations, offset by the acquisition of Motion Recruitment Partners, with a focus on streamlining operations and improving profitability.
Worse than expected

Annual Reports (10-K)

NASDAQ
Kelly Services, Inc. reported a net loss of $254.1 million for fiscal year 2025, driven by goodwill impairment charges and a challenging labor market, despite strategic portfolio shifts and cost optimization efforts.
Worse than expected
Delay expected
NASDAQ
Kelly Services completed its business transformation in 2024, focusing on North American specialty services and global RPO/MSP solutions, while reporting a net loss of $0.6 million.
Worse than expected
NASDAQ
Kelly Services' 2023 annual report highlights a year of strategic transformation amidst macroeconomic challenges, including the sale of European staffing operations and a focus on North American staffing and global MSP/RPO solutions.
Worse than expected

Insider Trading (Form 4)

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NASDAQ
Nicholas Zuhlke, VP, Chief Accounting Officer of Kelly Services Inc, reported a transaction in 1,025 shares of common stock on July 15, 2026.
NASDAQ
Kelly Services Director Leslie A. Murphy reports transactions involving Class A Common Stock, including acquisitions and holdings under deferred compensation plans.
NASDAQ
Director Michael J. Wartell of Kelly Services Inc. has reported transactions involving the acquisition of Class A Common Stock under the company's Non-Employee Directors Deferred Compensation Plan.
NASDAQ
Kelly Services Director George Haywood III reported a transaction involving deferred shares under the company's Non-Employee Directors Deferred Compensation Plan.
NASDAQ
James Christopher Hunt, a Director at Kelly Services Inc., reported transactions involving Class A Common Stock, including deferred shares and cash retainer deferrals.
NASDAQ
Angela Brock-Kyle, a Director at Kelly Services Inc., reported transactions involving deferred compensation stock.

Proxy Statements (Def-14A)

NASDAQ
Kelly Services' proxy statement details upcoming annual meeting, board changes, executive compensation, and proposed amendments to its charter.
Worse than expected
NASDAQ
Kelly Services achieved positive organic revenue growth and expanded its adjusted EBITDA margin to 3.3% in 2024, driven by a focus on specialty growth and strategic acquisitions.
NASDAQ
Kelly Services reports on a year of strategic transformation, including the sale of its European staffing business and initiatives to drive efficiency and profitable growth, positioning the company for an inflection point in 2024.

Schedule 13D - Activist Investments

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NASDAQ
Hunt entities, collectively holding over 92% of Kelly Services' Class B Common Stock, have requested the formation of a special committee to evaluate potential transactions.
NASDAQ
Hunt Equity Opportunities, LLC has acquired a controlling 92.2% stake in Kelly Services' Class B Common Stock, signaling intent for significant governance and strategic influence.
Capital raise
NASDAQ
The Terence E. Adderley Revocable Trust K completed the sale of its entire 3,039,940 Class B Common Stock stake in Kelly Services Inc. for $106 million, with a potential earn-out.
NASDAQ
Terence E. Adderley Revocable Trust K is selling its entire 3,039,940 Class B Common Stock shares of Kelly Services Inc. to Hunt Equity Opportunities, LLC for $106 million upfront, with a potential earnout.
NASDAQ
An amendment to Schedule 13D for Kelly Services Inc. Class B Common Stock reports a change in trustees for the Terence E. Adderley Revocable Trust K.
NASDAQ
A Schedule 13D amendment reveals that the Terence E. Adderley Revocable Trust K, a significant shareholder of Kelly Services Inc. Class B Common Stock, gifted 100,000 shares to a charitable foundation.

Schedule 13G - Passive Investments

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NASDAQ
Liechtensteinische Landesbank Aktiengesellschaft and its subsidiary LLB Fund Services AG have reported beneficial ownership of 5.11% of Kelly Services Inc.'s Class A Common Stock.
NASDAQ
The Vanguard Group has filed an amended Schedule 13G, reporting zero beneficial ownership in Kelly Services Inc. common stock following an internal realignment.
NASDAQ
Investment adviser Boston Partners reports 0% beneficial ownership in Kelly Services Inc., indicating a full divestment or reduction below reporting thresholds.
Worse than expected
NASDAQ
Barclays PLC has filed an amendment to its beneficial ownership report, disclosing a 5.83% stake in Kelly Services Inc -A.
NASDAQ
BlackRock, Inc. has reported a beneficial ownership of 7.2% of Kelly Services Inc.'s Class A Stock, totaling 2,298,415 shares, as detailed in its latest Schedule 13G filing.
NASDAQ
Boston Partners, an investment adviser, has filed a Schedule 13G disclosing a beneficial ownership of 5.28% of Kelly Services Inc.'s common stock as of March 31, 2025.