Atlantic International’s (ATLN) Lyneer Staffing Solutions has successfully renewed its partnership with the premier food production company, first announced in October 2024. This renewal comes with a significant strategic advantage: the client’s decision to consolidate its staffing partnerships from three providers to two, substantially expanding Lyneer’s market share and revenue opportunity. The renewed partnership represents a significant vote of confidence in Lyneer’s service capabilities, positioning the company for substantial growth. While Lyneer served the client’s total annual staffing spend of $23M and $9.5M in the previous year, the consolidation strategy is expected to increase Lyneer’s portion to $12M on or more annually, representing a potential 26% increase in revenue from this strategic account.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ATLN:
- Atlantic International’s Lyneer secures contract with e-commerce leader
- Atlantic International’s Lyneer selected as vendor for logistics company
- Atlantic International Corp trading resumes
- Atlantic International Corp trading halted, volatility trading pause
- Atlantic International reports Q2 EPS (20c) vs ($1.96) last year
