Kelly Services (KELYA) has disclosed a new risk, in the Natural and Human Disruptions category.
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Kelly Services, operating in major global markets, is significantly exposed to uncontrollable risks such as natural disasters, severe weather, and other catastrophic events. These events could materially detriment the company’s operations or financial standing by reducing demand for services or hampering service delivery in affected regions. Historically, such events have led to temporary economic declines in impacted areas, which could further exacerbate the challenges faced by Kelly Services. Even when they assist in relief efforts, there is no guarantee that the company will successfully mitigate the adverse effects of these events.
Overall, Wall Street has a Moderate Buy consensus rating on KELYA stock based on 2 Buys.
To learn more about Kelly Services’ risk factors, click here.
