[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]

Core Viewpoint - Wall Street analysts predict that ManpowerGroup (MAN) will report quarterly earnings of $0.82 per share, reflecting a year-over-year decline of 36.4%, while revenues are expected to reach $4.6 billion, an increase of 1.6% compared to the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised downward by 3.7% over the past 30 days, indicating a collective reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts forecast 'Revenues from Services- Americas' at $1.08 billion, a year-over-year increase of 2.4% [5]. - 'Revenues from Services- APME' are expected to be $518.96 million, reflecting a decline of 7.8% year over year [5]. - 'Revenues from Services- Southern Europe' are projected to reach $2.19 billion, indicating a growth of 4.6% from the previous year [5]. - 'Revenues from Services- Northern Europe' are estimated at $826.53 million, showing a slight decline of 0.2% year over year [6]. - 'Revenues from Services- Southern Europe- Other Southern Europe' are expected to be $540.01 million, with an increase of 8.7% year over year [6]. - 'Revenues from Services- Southern Europe- France' are projected at $1.19 billion, reflecting a growth of 1.2% [7]. - 'Revenues from Services- Americas- United States' are expected to be $702.28 million, indicating a year-over-year change of 0.7% [7]. - 'Revenues from Services- Americas- Other Americas' are projected at $369.92 million, with a year-over-year increase of 4.8% [8]. - 'Revenues from Services- Southern Europe- Italy' are expected to reach $455.61 million, reflecting an increase of 8.7% [8]. Operating Unit Profit Estimates - 'Operating Unit Profit- Americas' is estimated at $36.77 million, compared to $36.10 million reported in the same quarter last year [9]. - 'Operating Unit Profit- APME' is forecasted to be $24.65 million, up from $23.00 million in the previous year [9]. - 'Operating Unit Profit- Northern Europe' is expected to be -$5.98 million, a decline from $6.70 million reported in the same quarter last year [10]. Stock Performance - Over the past month, Manpower shares have recorded a return of -1%, while the Zacks S&P 500 composite has seen a change of +0.4% [10].

Core Insights - Talent Solutions has been recognized as a Leader in Everest Group's 2025 Recruitment Process Outsourcing (RPO) Services PEAK Matrix Assessment for North America, achieving triple-Leader status across multiple regions [1][5] - The recognition comes amid a global workforce shortage, with 74% of employers reporting challenges in filling roles, prompting a shift towards technology-enabled workforce strategies [2][4] Company Overview - Talent Solutions is part of the ManpowerGroup family and focuses on innovative, AI-driven approaches to address talent shortages [1][9] - The company supports clients in North America with over 92,000 hires in 2024, reducing average time-to-fill by up to 40% [4] Technology and Innovation - The PowerSuite™ platform, highlighted by Everest Group, integrates proprietary and partner technologies to enhance recruiting efficiency and candidate experience [4][5] - Talent Solutions employs AI capabilities, including Sophie AI™, to provide predictive insights into talent supply and wage pressures, improving candidate matching [6][9] Strategic Initiatives - Key initiatives include recruitment marketing to strengthen employer brands, strategic workforce planning to forecast talent demand, and reskilling programs to address talent gaps [6][9] - The company emphasizes a total talent approach that combines consulting, recruitment marketing, and AI-powered solutions to proactively address talent shortages [3][5]

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 - The U.S. tech sector remains strong, with a Net Employment Outlook (NEO) of 46% for Q4 2025, despite a slight decline from previous quarters [1][4] - Over half (58%) of U.S. tech employers plan to increase headcount, while only 11% expect reductions, indicating a continued demand for digital skills [2][5] - The demand for digital skills, particularly in areas like AI, cloud migration, and cybersecurity, is reshaping the labor market [2][5] Employment Outlook - The NEO for the U.S. tech sector is 46%, which is 10 points above the global average of 36% [1][4] - The hiring expectations in the U.S. are slightly lower than in countries like Belgium (52%), India (48%), and Canada (47%) [4] Skills Demand - Nearly one in four employers (24%) are hiring specifically to keep pace with digital advancements, highlighting the importance of digital skills in the current labor market [2][3] - The rising bar for skills is attributed to advancements in AI, which is seen as a tool for enhancement rather than a replacement for human jobs [3] Challenges for Employers - The tech sector faces challenges such as attracting qualified talent (41%), improving candidate experience (37%), and filling complex tech roles (36%) [9]

Core Insights - Talent Solutions RPO has been recognized as a top provider on HRO Today's 2025 Baker's Dozen list of Enterprise RPO Leaders, ranking ninth overall and achieving top 10 placements for Quality of Service (8) and Size of Deals (7) [1][2] Company Performance - The recognition on the Baker's Dozen list reflects the trust and partnership Talent Solutions RPO has built with clients globally, highlighting the company's commitment to delivering value and meeting evolving talent needs [2][3] - Talent Solutions RPO's ability to manage large-scale, complex RPO projects has been validated through consecutive recognition on the Baker's Dozen list, emphasizing its role as a trusted advisor and partner [2][3] Industry Context - The HRO Today Baker's Dozen Customer Satisfaction Ratings are based entirely on customer feedback, making it a respected benchmark in the RPO industry [3] - Talent Solutions RPO's client-centric approach leverages deep industry expertise, best-in-class technology, and workforce insights to deliver top talent and improved business results [2][3] Company Background - ManpowerGroup, the parent company of Talent Solutions RPO, is a leading global workforce solutions provider, recognized for its commitment to diversity and ethical practices [5][7] - Talent Solutions combines various offerings to address complex workforce needs, providing end-to-end, data-driven capabilities across the talent lifecycle [7]

Core Insights - ManpowerGroup released its 2024-2025 Sustainability Report titled "Working to Change the World: A Human-First, Just Transition," highlighting progress in sustainability across three pillars: Planet, People & Prosperity, and Principles of Governance [1][2]. Group 1: Planet - The company reduced direct (scope 1 & 2) emissions by 32% since 2019 and by 9% year-over-year [6]. - Renewable energy usage increased by 18% in 2024, with France and the U.S. jointly procuring almost 13,000 MWh in renewable electricity [6]. - An electric vehicle fleet expansion included the addition of 100 EVs while removing 200 gas-powered vehicles [6]. Group 2: People & Prosperity - The Manpower MyPath program scaled to over 301,000 associates, enhancing employability and providing career pathways [6]. - The company is on track to upskill 170,000 individuals through Experis Academy in Europe, focusing on AI skills and providing intensive training [6]. - Partnerships with clients enabled over 400,000 individuals globally to enhance their digital skills to meet new market demands [6]. Group 3: Principles of Governance - ManpowerGroup was recognized by Ethisphere for the 16th time as one of the World's Most Ethical Companies, the highest in the industry [6]. - A comprehensive Double Materiality Assessment (DMA) was completed to align with the EU Corporate Sustainability Reporting Directive (CSRD) and European Sustainability Reporting Standards (ESRS) [6]. - The company founded an AI New Projects Review Committee to create guidelines for ethical and responsible AI use [6].

Core Insights - The 2025 Internal Audit Priorities Survey by Jefferson Wells highlights that cybersecurity remains the top emerging risk for the fifth consecutive year, emphasizing the need for strong cyber defenses in a vulnerable technology landscape [2][4] - Generative AI has emerged as the second most pressing concern, influencing audit strategies and the necessary skillsets to manage these risks [2][4] - Economic uncertainty has become a significant factor for audit leaders, with 26% of respondents citing it as a concern, a notable increase from nearly zero in the previous year [2] Group 1: Key Trends - Cybersecurity is identified as the foremost risk, indicating a critical focus for internal audit functions [2][3] - The rise of generative AI is reshaping audit strategies and toolsets, necessitating new skills for audit teams [2][4] - Economic uncertainty is now a prominent concern, reflecting changing market conditions and their impact on audit priorities [2] Group 2: Challenges Faced - Internal audit departments are facing skill shortages in key areas such as cybersecurity, AI, IT audit, and data analytics [3] - Over 85% of audit leaders are relying on external partners to fill critical skill gaps within their teams [3][4] - The need for internal audit functions to adapt to rapid advancements in technology and economic conditions is underscored [4]

Company Leadership Transition - Chris Layden has been appointed as the new president and CEO of Kelly, effective September 2, 2025, succeeding Peter Quigley, who will remain as a strategic advisor and board member until May 2026 [1][4] - Layden brings extensive experience in leading organizations through transformations and driving profitable growth, having previously served as COO of Prolink and held senior roles at ManpowerGroup [2][3] Strategic Vision and Growth - The board of directors expressed confidence in Layden's ability to lead Kelly into its next strategic phase, emphasizing his track record in executing enterprise-scale transformations and commercial excellence [3] - Layden aims to build on Kelly's strong foundation to drive profitable growth and value for customers, employees, and shareholders [4] Company Performance and Future Outlook - Under Quigley's leadership, Kelly significantly increased profitability by shifting towards higher margin and higher growth businesses, improving the company's financial profile to its best position in 25 years [4] - Kelly reported revenue of $4.3 billion in 2024, highlighting its position as a leading global specialty talent solutions provider [5]