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Kelly Services ( (KELYA) ) has provided an update.
Kelly Services announced the planned retirement of its President and CEO, Peter Quigley, by the end of 2025. The company reported a fourth-quarter revenue of $1.2 billion, reflecting a 3.3% year-over-year decrease due to recent business dispositions and acquisitions. Despite a full-year revenue decline of 10.4%, Kelly delivered an adjusted EBITDA margin increase and anticipates further growth in 2025. The transition in leadership and strategic financial performance indicates a continued focus on expanding its specialty solutions and improving market positioning.
More about Kelly Services
Kelly Services, Inc. is a leading provider of specialty talent solutions, focusing on delivering high-margin, growth-oriented market solutions. The company is known for its strategic acquisitions and dispositions aimed at enhancing market share and operational efficiency.
YTD Price Performance: -4.66%
Average Trading Volume: 633,011
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $474.9M
Find detailed analytics on KELYA stock on TipRanks’ Stock Analysis page.
