Financial Data and Key Metrics Changes - Reported revenue for the quarter was $4.6 billion, down 2% year over year in constant currency, while system-wide revenue was $4.9 billion [7][11] - Reported EBITDA for the quarter was $74 million, with adjusted EBITDA at $96 million, representing a decrease of 22% in constant currency year over year [8][11] - Adjusted earnings per share decreased by 39% year over year in constant currency, with reported EPS at $0.38 and adjusted EPS at $0.83 [8][12] Business Line Data and Key Metrics Changes - The Manpower brand experienced a 3% growth in organic constant currency, while Experis declined by 7% and Talent Solutions declined by 8% [13] - Gross profit margin for the quarter was 16.6%, with staffing margin contributing to a 40 basis point reduction due to a shift towards enterprise accounts [14][15] - The consolidated gross profit decreased by 4% on an organic constant currency basis year over year, with Manpower brand reporting flat gross profit [15] Market Data and Key Metrics Changes - Revenue in the Americas segment was $1.1 billion, representing a 6% year-over-year increase on a constant currency basis [17] - Southern Europe revenue was $2.2 billion, reflecting a 1% decrease in organic constant currency [19] - The Asia-Pacific Middle East segment saw revenues of $521 million, representing an 8% increase in organic constant currency [23] Company Strategy and Development Direction - The company is focused on digitization and standardization across operations to improve efficiency and reduce costs [28][30] - The implementation of AI, particularly the Sophy AI platform, is expected to enhance client outcomes and drive revenue growth [30][31] - The company aims to balance cost containment with strategic investments to strengthen capabilities and expand margins [9][30] Management's Comments on Operating Environment and Future Outlook - Management noted a cautious hiring environment with geopolitical tensions and economic uncertainty impacting labor markets [4][5] - There are signs of stabilization in demand, particularly in North America and Europe, with expectations for gradual improvement [9][46] - The outlook for 2026 is cautiously optimistic, with expectations for improved economic conditions in Europe and North America [46] Other Important Information - Free cash flow for the quarter was $45 million, down from $67 million in the prior year, with capital expenditures at $15 million [24][25] - The company ended the quarter with cash of $275 million and total debt of $1.2 billion, reflecting an improvement in net debt [25] Q&A Session Summary Question: When business confidence improves, would there be an early cycle pickup in flexible staffing volumes? - Management indicated that if employer confidence returns, it could lead to better growth in the Manpower brand and other segments [34][36] Question: Can you discuss the trends seen in the quarter and any volatility due to economic conditions? - Management noted improvements in France and Italy, with stable performance in the U.S., although some volatility was observed due to prior large RPO volumes [40][42] Question: Are there any price pressures or mix issues impacting gross profit? - Management confirmed that the primary driver of margin pressure is the mix shift towards enterprise clients, with no significant pricing changes observed [43][44] Question: How is political turmoil in France impacting business sentiment? - Management acknowledged that while political uncertainty is not helpful, companies are navigating the environment pragmatically and focusing on talent investments [71][73] Question: What are the drivers of blue-collar staffing outperforming white-collar staffing? - Management attributed the outperformance of the Manpower brand to improving PMI and employer resilience, while noting slower investment in traditional IT projects affecting Experis [80][82]

Financial Data and Key Metrics Changes - Reported revenue for the quarter was $4.6 billion, down 2% year over year in constant currency, while system-wide revenue was $4.9 billion [10] - Reported EBITDA for the quarter was $74 million, with adjusted EBITDA at $96 million, representing a decrease of 22% in constant currency year over year [10][14] - Adjusted earnings per share decreased 39% year over year in constant currency, with reported earnings per diluted share at $0.38 and adjusted earnings per diluted share at $0.83 [10][11] Business Line Data and Key Metrics Changes - The Manpower brand experienced a 3% growth in organic constant currency year over year, while the Experis brand declined by 7% and Talent Solutions declined by 8% [16] - Gross profit margin for the quarter was 16.6%, with staffing margin contributing a 40 basis point reduction due to a shift towards enterprise accounts [17][18] - The consolidated gross profit decreased by 4% on an organic constant currency basis year over year, showing slight improvement from a 5% decline in the second quarter [18] Market Data and Key Metrics Changes - Revenue in the Americas segment was $1.1 billion, representing a 6% year-over-year increase on a constant currency basis [21] - Southern Europe revenue was $2.2 billion, reflecting a 1% decrease in organic constant currency [26] - The Asia Pacific Middle East segment saw revenues of $521 million, representing an 8% increase in organic constant currency [32] Company Strategy and Development Direction - The company is focused on digitization and standardization across operations to improve efficiency and reduce costs [38] - The introduction of the AI platform, SoFi AI, is expected to enhance capabilities and client outcomes, with approximately 30% of new client revenue derived from AI-rated probability [40][41] - The leadership team is committed to managing current challenges while positioning the business for future growth through cost containment and strategic initiatives [12] Management's Comments on Operating Environment and Future Outlook - Management noted that geopolitical tensions and economic softening continue to impact hiring, but there are signs of stabilization in demand [6][7] - The outlook for the fourth quarter anticipates ongoing stability in most markets, with earnings per share projected to be in the range of $0.78 to $0.88 [35] - Management expressed cautious optimism about future growth, particularly in Europe and North America, as economic conditions are expected to improve [58][59] Other Important Information - Free cash flow for the quarter was $45 million, down from $67 million in the prior year, but positive cash flow is expected to continue [33] - The company ended the quarter with cash of $275 million and total debt of $1.2 billion, reflecting an improvement in net debt [34] Q&A Session Summary Question: Expectations for flexible staffing volumes with improved business confidence - Management noted that the current labor market is "frozen," with little hiring or workforce reductions, but there are signs of stabilization and potential growth if employer confidence returns [44][46] Question: Trends observed in the quarter and any volatility due to economic conditions - Management indicated that there was an improvement in trends during the third quarter, particularly in France and Italy, while the U.S. market remained stable [49][51] Question: Insights on gross margin pressures and pricing - Management explained that the primary driver of gross margin pressure is a mix shift towards enterprise clients, with no significant pricing changes observed [54][56] Question: Indicators of demand stabilization across regions - Management highlighted that demand is stabilizing in Europe and North America, with growth opportunities emerging in sectors like financial services and logistics [62][63] Question: Impact of political turmoil in France on business sentiment - Management acknowledged that political uncertainty in France is not helpful, but clients are navigating through the environment pragmatically [88][92]

Financial Data and Key Metrics Changes - Reported revenue for the quarter was $4.6 billion, down 2% year over year in constant currency, while system-wide revenue was $4.9 billion [6][7] - Reported EBITDA for the quarter was $74 million, with adjusted EBITDA at $96 million, representing a decrease of 22% in constant currency year over year [7][8] - Adjusted earnings per share decreased by 39% year over year in constant currency, with reported EPS at $0.38 and adjusted EPS at $0.83 [8][12] Business Line Data and Key Metrics Changes - The Manpower brand experienced a 3% growth year over year on an organic constant currency basis, while Experis declined by 7% and Talent Solutions declined by 8% [13][15] - Gross profit margin for the quarter was 16.6%, with the Manpower brand contributing 63% of gross profit, Experis 21%, and Talent Solutions 16% [14][15] Market Data and Key Metrics Changes - Revenue in the Americas segment was $1.1 billion, representing a 6% increase year over year on a constant currency basis [17] - Southern Europe revenue was $2.2 billion, down 1% in organic constant currency, with France revenue decreasing by 5% [19][20] - The Asia-Pacific Middle East segment saw revenues of $521 million, an increase of 8% in organic constant currency [23] Company Strategy and Development Direction - The company is focused on digitization and standardization across operations, with significant progress in global business services initiatives [28][29] - The implementation of AI, particularly the Sophy AI platform, is expected to enhance operational efficiency and client outcomes [30][31] Management's Comments on Operating Environment and Future Outlook - Management noted a cautious yet stable hiring environment, with gradual signs of stabilization in demand across various markets [4][5] - The outlook for 2026 is cautiously optimistic, with expectations for improved economic conditions in Europe and North America [44][46] Other Important Information - Free cash flow for the quarter was $45 million, down from $67 million in the prior year, with capital expenditures at $15 million [24][25] - The company ended the quarter with cash of $275 million and total debt of $1.2 billion, reflecting an improvement in net debt [25] Q&A Session Summary Question: When business confidence improves, will there be an early cycle pickup in flexible staffing volumes? - Management indicated that if employer confidence returns, it could lead to better growth in the Manpower brand and other segments [34][35] Question: Can you discuss the trends seen in the quarter and any volatility due to economic conditions? - Management noted improvements in France and Italy, with stable performance in the U.S., although some volatility was observed due to year-over-year comparisons [38][39] Question: Are there any price pressures or mix issues impacting gross profit margins? - Management confirmed that the primary driver of margin pressure is the mix shift towards enterprise clients, with no significant pricing changes observed [41][42] Question: How is political turmoil in France impacting business sentiment? - Management acknowledged that while political uncertainty is not helpful, clients are navigating the environment pragmatically and focusing on talent investments [64][66]

Financial Performance - Revenue was $4.6 billion, with system-wide revenue reaching $4.9 billion[5] - Gross margin stood at 16.6%[5] - EBITA was $74 million ($96 million as adjusted), resulting in an EBITA margin of 1.6% (2.1% as adjusted)[5] - EPS was $0.38 ($0.83 as adjusted)[5] Business Line Performance - Manpower organic constant currency revenue increased slightly from the Q2 trend of 1% year over year[10] - Talent Solutions organic constant currency revenues declined from the Q2 trend of 1% year over year[10] - Experis organic constant currency revenue trend improved from the Q2 trend of -9% year over year[10] Segment Performance - Americas revenue was $1.1 billion, with an operating unit profit (OUP) of $38 million (3.5% OUP margin)[19] - Southern Europe revenue was $2.2 billion, with an OUP of $66 million (3.0% OUP margin)[23] - Northern Europe revenue was $817 million, with an OUP of -$15 million (-1.8% OUP margin)[26] - APME (Asia Pacific Middle East) revenue was $521 million, with an OUP of $27 million (5.1% OUP margin)[30] Cash Flow - Free cash flow was $45 million for the quarter[33] - Net earnings were $18 million[33] Outlook - Fourth quarter 2025 total revenue is expected to be up 3-7% (down 2% / up 2% CC)[37] - EPS is projected to be $0.78 – $0.88 (favorable $0.08 currency)[37]

[Executive Summary & Highlights](index=1&type=section&id=Executive%20Summary%20%26%20Highlights) ManpowerGroup reported mixed Q3 2025 results with revenue growth but adjusted EPS decline, while year-to-date performance showed significant losses due to charges [Q3 2025 Financial Performance](index=1&type=section&id=Q3%202025%20Financial%20Performance) Q3 2025 net earnings were **$0.38** per diluted share on **$4.6 billion** revenue, with adjusted EPS down **39%** constant currency due to restructuring Q3 2025 Financial Performance Highlights | Metric | 2025 | 2024 | % Variance (Reported) | | :-------------------------- | :--- | :--- | :-------------------- | | Net earnings per diluted share | $0.38 | $0.47 | -18.8% | | Net earnings | $18.0 million | $22.8 million | -20.9% | | Revenues | $4.6 billion | $4.53 billion | 2.3% | - Adjusted EPS was **$0.83** (excluding **$0.45** charges), representing a decrease of **39%** in constant currency[3](index=3&type=chunk) - Revenues increased **2%** as reported, decreased **2%** in constant currency, and increased **1%** on an organic constant currency basis[2](index=2&type=chunk)[3](index=3&type=chunk)[5](index=5&type=chunk) - Gross profit margin was **16.6%**, reflecting lower permanent recruitment activity, lower outplacement, and a business mix shift[5](index=5&type=chunk) - SG&A declined year over year with additional restructuring actions taken in the quarter[5](index=5&type=chunk) [Year-to-Date 2025 Financial Performance](index=2&type=section&id=Year-to-Date%202025%20Financial%20Performance) Year-to-date 2025 saw a net loss of **$43.5 million** (or **$0.93** per share), a significant decline due to charges reducing EPS by **$2.98** Year-to-Date 2025 Financial Performance Highlights | Metric | 2025 | 2024 | % Variance (Reported) | | :-------------------------- | :--- | :--- | :-------------------- | | Net (loss) earnings | $(43.5) million | $122.6 million | -135.5% | | Net (loss) earnings per diluted share | $(0.93) | $2.53 | -136.9% | | Revenues | $13.2 billion | $13.45 billion | -1.6% | - The current year-to-date period included restructuring costs, net losses from the sale of businesses, a non-cash goodwill and intangible asset impairment charge, and Argentina hyperinflationary related non-cash currency translation losses, which reduced earnings per share by **$2.98**[7](index=7&type=chunk) - Excluding these charges, earnings per share for the nine-month period was **$2.05** per diluted share, representing a decrease of **44%** in constant currency[7](index=7&type=chunk) [Q4 2025 Outlook](index=2&type=section&id=Q4%202025%20Outlook) ManpowerGroup anticipates diluted earnings per share for the fourth quarter to be between **$0.78** and **$0.88**, including favorable currency impact and a **46.5%** tax rate - Anticipated diluted earnings per share in the fourth quarter will be between **$0.78** and **$0.88**[7](index=7&type=chunk) - The Q4 outlook includes an estimated favorable currency impact of **8 cents** and a **46.5%** effective tax rate[7](index=7&type=chunk) [Strategic Initiatives & Business Commentary](index=1&type=section&id=Strategic%20Initiatives%20%26%20Business%20Commentary) The company returned to organic constant currency revenue growth in Q3, driven by demand stabilization and a focus on market share and cost reduction - Crossed back over to organic constant currency revenue growth during the third quarter, after **11 consecutive quarters** of declines[6](index=6&type=chunk) - Stabilization of demand in North America and Europe has been a key factor in revenue trend improvement[6](index=6&type=chunk) - Relentless focus on "Winning In The Market" to increase market share and accelerating initiatives to remove structural costs from the organization[6](index=6&type=chunk) - Compared to the previous quarter, year over year revenue growth in Manpower increased and the rate of revenue decline in Experis also improved. Talent Solutions experienced a revenue decline during the quarter on lower RPO activity and lower outplacement activity[5](index=5&type=chunk) [Company Overview](index=3&type=section&id=Company%20Overview) ManpowerGroup is a global workforce solutions leader, operating through multiple brands and consistently recognized for ethical practices and diversity [About ManpowerGroup](index=3&type=section&id=About%20ManpowerGroup) ManpowerGroup is a leading global workforce solutions company assisting organizations in talent sourcing, assessment, development, and management across over **70 countries** - ManpowerGroup is a leading global workforce solutions company, helping organizations transform by sourcing, assessing, developing, and managing talent[10](index=10&type=chunk) - Operates through expert family of brands: Manpower, Experis, and Talent Solutions, across more than **70 countries** and territories for over **75 years**[10](index=10&type=chunk) - Recognized consistently for diversity (Women, Inclusion, Equality, Disability) and named one of the World's Most Ethical Companies for the **16th time** in **2025**[10](index=10&type=chunk) [Forward-Looking Statements & Non-GAAP Measures](index=3&type=section&id=Forward-Looking%20Statements%20%26%20Non-GAAP%20Measures) This press release contains forward-looking statements subject to risks detailed in SEC filings and references non-GAAP financial measures with reconciliations available online - The press release contains forward-looking statements regarding global economic and geopolitical uncertainty, trends in labor demand, financial outlook, business outlook in various regions, and strategic initiatives[11](index=11&type=chunk) - Actual results may differ materially due to numerous factors, including those found under "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2024[11](index=11&type=chunk) - Non-GAAP financial measures are referenced, with reconciliations available on the Investor Relations section of manpowergroup.com[12](index=12&type=chunk) [Detailed Financial Results - Three Months Ended September 30, 2025](index=4&type=section&id=Detailed%20Financial%20Results%20-%20Three%20Months%20Ended%20September%2030%2C%202025) Q3 2025 saw revenues increase by **2.3%** to **$4.6 billion**, but gross profit, operating profit, and net earnings all declined year-over-year [Consolidated Results of Operations (Q3)](index=4&type=section&id=Consolidated%20Results%20of%20Operations%20%28Q3%29) For Q3 2025, revenues increased by **2.3%** to **$4,634.4 million**, but gross profit, operating profit, and net earnings all declined Q3 2025 Consolidated Results of Operations | Metric | 2025 (Millions) | 2024 (Millions) | % Variance (Reported) | % Variance (Constant Currency) | | :-------------------------- | :-------------- | :-------------- | :-------------------- | :----------------------------- | | Revenues from services | $4,634.4 | $4,530.2 | 2.3% | -1.5% | | Cost of services | $3,865.5 | $3,748.1 | 3.1% | -0.8% | | Gross profit | $768.9 | $782.1 | -1.7% | -5.0% | | Selling and administrative expenses | $702.3 | $711.3 | -1.3% | -5.1% | | Operating profit | $66.6 | $70.8 | -6.1% | -3.5% | | Net earnings | $18.0 | $22.8 | -20.9% | -21.7% | | Net earnings per share - diluted | $0.38 | $0.47 | -18.8% | -19.6% | [Operating Unit Results (Q3)](index=5&type=section&id=Operating%20Unit%20Results%20%28Q3%29) In Q3 2025, Americas and Southern Europe showed reported revenue growth, while Northern Europe and APME declined, with mixed operating profit results Q3 2025 Revenues from Services by Region | Region | 2025 (Millions) | 2024 (Millions) | % Variance (Reported) | % Variance (Constant Currency) | | :---------------- | :-------------- | :-------------- | :-------------------- | :----------------------------- | | Americas | $1,098.7 | $1,050.5 | 4.6% | 5.5% | | Southern Europe | $2,205.5 | $2,095.6 | 5.2% | -1.3% | | Northern Europe | $816.8 | $828.3 | -1.4% | -6.7% | | APME | $520.5 | $562.8 | -7.5% | -8.0% | Q3 2025 Operating Unit Profit (Loss) by Region | Region | 2025 (Millions) | 2024 (Millions) | % Variance (Reported) | % Variance (Constant Currency) | | :---------------- | :-------------- | :-------------- | :-------------------- | :----------------------------- | | Americas | $37.9 | $36.1 | 5.1% | 4.8% | | Southern Europe | $65.6 | $75.8 | -13.4% | -18.9% | | Northern Europe | $(14.9) | $(25.7) | 42.3% | 72.3% | | APME | $26.8 | $23.0 | 15.9% | 11.4% | - Effective January 1, 2025, segment reporting was realigned to include Morocco business within Other Southern Europe, and France is adjusted to exclude Morocco[16](index=16&type=chunk) [Detailed Financial Results - Nine Months Ended September 30, 2025](index=6&type=section&id=Detailed%20Financial%20Results%20-%20Nine%20Months%20Ended%20September%2030%2C%202025) Year-to-date Q3 2025 saw revenues decline by **1.6%**, with significant drops in gross and operating profit, leading to a net loss of **$43.5 million** [Consolidated Results of Operations (YTD)](index=6&type=section&id=Consolidated%20Results%20of%20Operations%20%28YTD%29) For the nine months ended September 30, 2025, revenues decreased by **1.6%**, gross profit declined, and a net loss of **$43.5 million** was reported due to impairment charges YTD Q3 2025 Consolidated Results of Operations | Metric | 2025 (Millions) | 2024 (Millions) | % Variance (Reported) | % Variance (Constant Currency) | | :-------------------------- | :-------------- | :-------------- | :-------------------- | :----------------------------- | | Revenues from services | $13,244.0 | $13,454.2 | -1.6% | -3.2% | | Gross profit | $2,230.9 | $2,331.7 | -4.3% | -5.7% | | Selling and administrative expenses | $2,161.4 | $2,093.9 | 3.2% | 1.7% | | Impairment charges | $88.7 | — | N/A | N/A | | Operating profit | $69.5 | $237.8 | -70.8% | -70.0% | | Net (loss) earnings | $(43.5) | $122.6 | -135.5% | -138.6% | | Net (loss) earnings per share - diluted | $(0.93) | $2.53 | -136.9% | -140.1% | - Impairment charges for the nine months ended September 30, 2025, consist of a goodwill impairment related to investments in Switzerland and the United Kingdom and an impairment of an indefinite-lived intangible asset in the Switzerland business[18](index=18&type=chunk) [Operating Unit Results (YTD)](index=7&type=section&id=Operating%20Unit%20Results%20%28YTD%29) Year-to-date Q3 2025 saw Americas revenues increase, Southern Europe flat, and Northern Europe/APME decline, with mixed operating profit trends across regions YTD Q3 2025 Revenues from Services by Region | Region | 2025 (Millions) | 2024 (Millions) | % Variance (Reported) | % Variance (Constant Currency) | | :---------------- | :-------------- | :-------------- | :-------------------- | :----------------------------- | | Americas | $3,215.4 | $3,151.3 | 2.0% | 4.2% | | Southern Europe | $6,188.8 | $6,174.9 | 0.2% | -2.9% | | Northern Europe | $2,342.0 | $2,535.9 | -7.6% | -10.5% | | APME | $1,522.2 | $1,639.3 | -7.1% | -8.4% | YTD Q3 2025 Operating Unit Profit (Loss) by Region | Region | 2025 (Millions) | 2024 (Millions) | % Variance (Reported) | % Variance (Constant Currency) | | :---------------- | :-------------- | :-------------- | :-------------------- | :----------------------------- | | Americas | $99.5 | $107.3 | -7.2% | -5.5% | | Southern Europe | $189.1 | $228.9 | -17.4% | -20.2% | | Northern Europe | $(42.2) | $(28.1) | -50.2% | -44.4% | | APME | $73.2 | $67.9 | 7.5% | 4.4% | - Effective January 1, 2025, segment reporting was realigned to include Morocco business within Other Southern Europe, and France is adjusted to exclude Morocco[20](index=20&type=chunk) [Financial Position & Cash Flows](index=8&type=section&id=Financial%20Position%20%26%20Cash%20Flows) Total assets increased to **$8.4 billion** while shareholders' equity decreased, and operating cash flow shifted to a **$283.0 million** net use [Consolidated Balance Sheets](index=8&type=section&id=Consolidated%20Balance%20Sheets) As of September 30, 2025, total assets increased to **$8,446.9 million**, total liabilities rose significantly, and shareholders' equity decreased Consolidated Balance Sheet Highlights | Metric | Sep 30, 2025 (Millions) | Dec 31, 2024 (Millions) | Change (Millions) | | :------------------------------------------ | :---------------------- | :---------------------- | :---------------- | | Total assets | $8,446.9 | $8,201.0 | $245.9 | | Cash and cash equivalents | $274.6 | $509.4 | $(234.8) | | Accounts receivable, net | $4,632.3 | $4,297.2 | $335.1 | | Total current liabilities | $5,123.9 | $4,437.1 | $686.8 | | Short-term borrowings & current maturities of long-term debt | $747.8 | $23.4 | $724.4 | | Long-term debt | $468.3 | $929.4 | $(461.1) | | Total shareholders' equity | $2,011.4 | $2,126.9 | $(115.5) | [Consolidated Statements of Cash Flows](index=9&type=section&id=Consolidated%20Statements%20of%20Cash%20Flows) For the nine months ended September 30, 2025, net cash used in operating activities was **$(283.0) million**, a significant shift from the prior year YTD Q3 2025 Cash Flow Highlights | Cash Flow Activity | 2025 (Millions) | 2024 (Millions) | | :------------------------------------ | :-------------- | :-------------- | | Net (loss) earnings | $(43.5) | $122.6 | | Net cash (used in) provided by operating activities | $(283.0) | $61.6 | | Net cash used in investing activities | $(48.7) | $(41.9) | | Net cash provided by (used in) financing activities | $59.5 | $(178.8) | | Change in cash and cash equivalents | $(234.8) | $(170.4) | | Cash and cash equivalents, end of period | $274.6 | $410.9 | - Net cash used in operating activities was **$(283.0) million** in 2025, compared to **$61.6 million** provided in 2024, primarily due to net loss and changes in accounts receivable and other liabilities[24](index=24&type=chunk) - Net cash provided by financing activities was **$59.5 million**, driven by net change in short-term borrowings (**$65.7 million**) and net proceeds from revolving debt facility (**$73.0 million**), partially offset by share repurchases (**$38.2 million**) and dividends paid (**$33.3 million**)[24](index=24&type=chunk)

Core Insights - ManpowerGroup reported a net earnings per diluted share of $0.38 for Q3 2025, down from $0.47 in the same period last year, with net earnings of $18.0 million compared to $22.8 million a year earlier [1][2] - Revenues for the third quarter reached $4.6 billion, reflecting a 2% increase from the prior year [1][12] - The company faced restructuring costs and currency translation losses due to hyperinflation in Argentina, which significantly impacted earnings per share [2][5] Financial Performance - The third quarter's earnings per share, excluding restructuring costs and currency losses, was $0.83, indicating a 39% decrease in constant currency [2] - On a constant currency basis, revenues decreased by 2%, while organic constant currency revenues increased by 1% compared to the prior year [3][12] - For the nine months ended September 30, 2025, net losses were $43.5 million, or $0.93 per basic share, compared to net earnings of $122.6 million, or $2.53 per diluted share in the prior year [5][16] Operational Highlights - The company experienced stabilization in demand in North America and Europe, contributing to improved revenue trends after 11 consecutive quarters of declines [4] - The gross profit margin for Q3 was 16.6%, affected by lower recruitment activity and a shift in business mix [12] - Selling and administrative expenses decreased year-over-year due to additional restructuring actions taken during the quarter [12] Future Outlook - ManpowerGroup anticipates diluted earnings per share for Q4 2025 to be between $0.78 and $0.88, factoring in an estimated favorable currency impact of 8 cents [5] - The company is focused on increasing market share and driving efficiency through structural cost removal initiatives [4]

Wall Street analysts forecast that ManpowerGroup (MAN) will report quarterly earnings of $0.82 per share in its upcoming release, pointing to a year-over-year decline of 36.4%. It is anticipated that revenues will amount to $4.6 billion, exhibiting an increase of 1.6% compared to the year-ago quarter.The current level reflects a downward revision of 3.7% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised th ...

The honor comes amid continuing workforce shortages, with 74% of employers worldwide reporting difficulty filling roles. Traditional hiring methods are no longer sufficient, driving organizations to adopt more proactive, technology-enabled workforce strategies. "Filling roles by simply posting jobs and waiting for applicants no longer works in today's competitive labor market," said Marceline Beijer, Global Business Leader RPO, Talent Solutions. "Our total talent approach — combining consulting, recruitmen ...

Core Insights - ManpowerGroup Inc. (NYSE: MAN) is set to release its Q3 2025 earnings results soon, with the stock having declined approximately 11% recently [1] Company Overview - ManpowerGroup focuses on workforce solutions and has a significant presence in the employment services industry [1] - The company is known for its strong fundamentals and potential for growth, particularly in sectors like technology, infrastructure, and internet services [1] Market Context - The stock's recent decline may indicate market concerns or reactions to broader economic conditions affecting the employment sector [1]

Core Insights - Talent Solutions TAPFIN has been recognized as a Global Leader in Everest Group's 2025 Contingent Workforce Management PEAK Matrix Assessment for the 12th consecutive year, highlighting its sustained excellence in the industry [1][2] - The company has also been acknowledged as a Leader in Services Procurement for the fourth consecutive year, reinforcing its strategic role in workforce management for global organizations [1][2] Investment in Technology and Strategy - TAPFIN's leadership is attributed to its investments in advanced analytics, generative AI, and consulting services, which address emerging buyer demands and transform the extended workforce into a competitive advantage [2][5] - The proprietary platform, Sophie AI, is central to TAPFIN's strategy, converting raw data into actionable workforce strategies and enhancing decision-making through embedded advisory services [3][5] Independent Contractors and Services Procurement - TAPFIN has developed a comprehensive ecosystem for Independent Contractors, integrating AI-enhanced talent curation with predictive compliance monitoring to meet the growing reliance on ICs [4][5] - The company's advanced SOW capabilities provide visibility into project performance, ensuring that services contribute to measurable business outcomes [4][5] Market Position and Recognition - TAPFIN's holistic capabilities and offshore/nearshore delivery model support diverse industries and job families globally, contributing to its recognition as a leader in the CWM space [5] - The continued recognition by Everest Group reflects TAPFIN's operational consistency and its ability to anticipate market evolution in strategic workforce management [5]