Diamond award winners have won the Best of Staffing award for at least 5 years in a row, consistently earning industry-leading satisfaction scores from clients and placed talent. JACKSONVILLE, FL / ACCESS Newswire / February 20, 2026 / GEE Group Inc. (NYSE American:JOB) together with its subsidiaries (collectively referred to as the "Company," "GEE Group," "our" or "we"), a provider of professional staffing services and human resource solutions, today announced that its SNI Companies subsidiary's four main ...

In addition, we use several non-GAAP financial measures when presenting our financial results in this presentation. Please refer to the reconciliations between our U.S. GAAP and non-GAAP financial measures in the appendix to this presentation and on our website at www.trueblue.com under the Investor Relations section for additional information on both current and historical periods. The presentation of these non-GAAP financial measures is used to enhance the understanding of certain aspects of our financial ...

Financial Data and Key Metrics Changes - Consolidated revenues for the quarter were $20.5 million, down $3.5 million or 15% from the prior year quarter [12] - Gross profit was $7.4 million with a gross margin of 36.1%, compared to $7.9 million and 33% from the prior year quarter [13] - Net loss from continuing operations was $150,000 or $0.00 per diluted share, an improvement from a loss of $684,000 or $0.01 per diluted share in the prior year quarter [16] - Non-GAAP adjusted EBITDA was -$97,000 for the quarter, compared to -$304,000 for the prior quarter [17] Business Line Data and Key Metrics Changes - Contract staffing services revenues were $17.8 million, down $3.7 million or 17% from the prior year quarter [12] - Direct hire revenues increased to $2.7 million, up $200,000 or 8% from the prior year quarter [13] - Selling, general and administrative expenses were $7.7 million, down $700,000 or 9% from the prior year quarter [14] Market Data and Key Metrics Changes - The hiring environment for staffing services has been challenging since the second half of 2023 due to over-hiring in 2021 and 2022, macroeconomic weakness, and persistent inflation [3][4] - Many businesses are implementing layoffs and hiring freezes, leading to lower volumes of business [4] Company Strategy and Development Direction - The company is focusing on integrating AI into its operations to enhance recruiting and sales processes [6] - Plans to restore profitability during fiscal 2026 include streamlining operations and reducing SG&A expenses [15] - The company aims to pursue acquisitions in a disciplined manner, particularly in AI consulting and IT consulting sectors [18] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to manage through current challenges and restore growth and profitability [9] - The company has a strong balance sheet with substantial liquidity, positioning it well for future growth [9] Other Important Information - The company completed the acquisition of Hornet Staffing in fiscal 2025 and is focusing on VMS and MSP sourced business [8] - The company believes its stock is undervalued and anticipates upward movement in share price once normal economic conditions resume [10] Q&A Session Questions and Answers Question: What incentives would need to be put in place for management to consider a value realization event? - Management has existing employment agreements that provide necessary incentives, so no additional incentives are needed [22] Question: Is an activist investor takeover the only route towards getting a return for shareholders? - No, the board and management are committed to acting in the best interest of shareholders [23] Question: If the company was sold at a comparable multiple to BGSF's recent sale, why is the company not actively pursuing this? - The company evaluates proposals to maximize shareholder value and believes that any potential offer would be better than the suggested 150% increase [24] Question: When is it time for dramatic changes to correct the lower stock value? - The company is working on several new initiatives to address this concern [25] Question: Can you provide more color on what multiple offers you mentioned? - Specific details cannot be disclosed at this time, but they are being evaluated [25]

Core Viewpoint - Kelly Services reported a decline in revenue and operating performance for the fourth quarter and full year of 2025, but the company is optimistic about future growth and efficiency improvements in 2026 [2][9]. Financial Performance - Fourth-quarter revenue was $1.1 billion, an 11.9% decrease from the same quarter in 2024, primarily due to lower demand in the ETM and SET segments, partially offset by a 1.3% growth in the Education segment [3][19]. - The operating loss for the fourth quarter was $0.7 million, a significant improvement from a loss of $56.7 million in Q4 2024 [4][19]. - Adjusted earnings for Q4 2025 were $8.3 million, down from $29.2 million in Q4 2024, with adjusted EBITDA of $21.0 million, a 51.7% decline year-over-year [4][20]. - For the full year 2025, revenue totaled $4.3 billion, a 1.9% decrease compared to 2024, with an organic decline of 6.2% when excluding the impact of acquisitions [7][9]. Tax and Earnings - The income tax expense for Q4 2025 was $126.2 million, compared to a tax benefit of $23.8 million in Q4 2024, reflecting a valuation allowance increase due to cumulative losses [5][10]. - Loss per share for Q4 2025 was $3.69, compared to a loss of $0.90 in Q4 2024, while adjusted earnings per share were $0.16, down from $0.79 [6][11]. Cash Flow and Shareholder Returns - The company generated a full-year free cash flow of $114 million, a sixfold increase from the previous year, and completed $10 million in Class A share repurchases during Q4 2025 [9][12]. - A quarterly cash dividend of $0.075 per share was declared, payable on March 11, 2026 [12]. Future Outlook - The company expects Q1 2026 to see a revenue decline of 11% to 13% year-over-year, with an adjusted EBITDA margin of approximately 1.5% [15]. - For the second half of 2026, Kelly anticipates a return to organic revenue growth and adjusted EBITDA margin expansion, assuming no new material impacts [9][15].

Economic Indicators - The U.S. non-farm payroll employment increased by 130,000 jobs in January, significantly higher than the expected increase of 70,000 jobs, following a downwardly revised increase of 48,000 jobs in December [2][23] - The unemployment rate decreased to 4.3 percent in January from 4.4 percent in December, contrary to expectations that it would remain unchanged [2][24] Market Reactions - Major U.S. index futures are indicating a higher open, driven by the positive employment report, which may lead to upward movement in stocks after a mixed performance in the previous session [1][3] - The Dow Jones Industrial Average rose by 52.27 points (0.1 percent) to 50,188.13, while the S&P 500 fell by 23.01 points (0.3 percent) to 6,941.81, and the Nasdaq dropped by 136.20 points (0.6 percent) to 23,102.47 [4] Retail Sales - U.S. retail sales were flat in December, unchanged from the previous month, despite expectations for a 0.4 percent increase, indicating a pause in consumer spending after strong sales in October and November [5][6] - Excluding motor vehicle and parts dealers, retail sales remained virtually unchanged in December, with a slight increase of 0.4 percent in November [6] Sector Performance - Housing stocks experienced a significant increase, with the Philadelphia Housing Sector Index rising by 3.4 percent, attributed to a decrease in treasury yields [8] - Utilities and commercial real estate stocks also performed well, with the Dow Jones Utility Average increasing by 1.9 percent and the Dow Jones U.S. Real Estate Index climbing by 1.3 percent [8] - Conversely, brokerage stocks fell sharply, with the NYSE Arca Broker/Dealer Index declining by 2.5 percent [9] Commodity and Currency Markets - Crude oil futures rose by $1.52 to $65.48 per barrel, while gold prices increased by $42.60 to $5,073.60 per ounce [11] - The U.S. dollar traded at 153.59 yen, down from 154.38 yen, and at $1.1865 against the euro, compared to $1.1894 previously [11]

Group 1 - The labor market showed significant improvement in January, with US employers adding 130,000 jobs, far exceeding expectations of 55,000 jobs [1][3] - The unemployment rate decreased slightly to 4.3% from 4.4% in the previous month, indicating a positive trend in employment [3] - January's job growth comes after 2025 marked the slowest year for job growth since 2009, excluding the pandemic year of 2020 [3] Group 2 - The upbeat jobs report may be somewhat misleading due to fewer seasonal hires by retailers during the 2025 holiday season, which could inflate the headline job figures [4] - Initial unemployment claims have remained low, but job openings fell to 6.5 million in December, the lowest since September 2020, suggesting mixed signals in the labor market [4] - Ger Doyle from ManpowerGroup noted that January provides an early indication of a labor market stabilizing after a year of adjustments [5]

Group 1: Market Overview - European stocks experienced a decline, with the pan-European Stoxx 600 dropping 0.3 percent to 619.25, as investors reacted to mixed earnings results and awaited U.S. jobs and inflation data for direction [1] - Technology stocks were notably affected, particularly Dassault, which faced pressure from a weak European automotive sector [1] Group 2: Company Earnings and Stock Movements - TotalEnergies increased by 1.3 percent after raising its final 2025 dividend payout by 5.6 percent to €3.40 per share [2] - Dassault Systemes saw a significant drop of 20 percent following weaker-than-expected fourth-quarter results and a cautious outlook for the current year [2] - Randstad, a Dutch staffing firm, fell by 8.5 percent after providing soft guidance for Q1 [2] - Ahold Delhaize, a supermarket group, surged 7 percent after reporting fourth-quarter results that exceeded expectations [2] Group 3: Notable Company Developments - Heineken's shares rose by 5.3 percent despite announcing job cuts of up to 6,000 roles globally [3] - Commerzbank's shares tumbled 3 percent despite reporting a record operating result of €4.5 billion for the 2025 financial year [4] - Siemens Energy's stock surged 6 percent after its first-quarter profit nearly tripled, driven by AI-driven demand for gas turbines and grid equipment [4] - Thyssenkrupp Nucera's shares increased by 1.1 percent after reaffirming its FY26 outlook [4] Group 4: Additional Company Performance - Schindler Holding's shares plunged 8 percent as it projected 2026 revenue growth in the low- to mid-single digits in local currencies [5] - Renishaw, a British engineering firm, rose by 2.7 percent after reporting better-than-expected half-year results [5] - Barratt Redrow, a residential property developer, lost 6.3 percent after its first-half profit fell below expectations [5] - London Stock Exchange Group shares increased by 2.5 percent following reports of a significant stake acquisition by activist hedge fund Elliott Management [6]

Core Viewpoint - Kelly Services, a leading global specialty talent solutions provider, is set to release its fourth-quarter and full-year earnings on February 12, 2026, along with a financial presentation and a live webcast for financial analysts to discuss the results [1]. Company Overview - Kelly Services, Inc. (Nasdaq: KELYA, KELYB) specializes in recruiting and managing skilled workers, connecting over 400,000 people with work annually [3]. - The company has been a pioneer in the staffing industry since 1946 and operates in various sectors including science, engineering, technology, education, manufacturing, retail, finance, and energy [3]. - In 2024, Kelly Services reported a revenue of $4.3 billion [3]. Earnings Release Details - The earnings release will occur before the market opens on February 12, 2026, and will be followed by a conference call at 9 a.m. ET [1]. - The financial presentation and the live webcast will be available on the company's public website under the Investor Relations section [2]. - A replay of the webcast will be accessible within one hour after the event concludes [2].

Group 1 - Atlantic International Corp. appointed Kevin J. Murphy as Chief Financial Officer effective February 2, 2026, to support the company's growth and integration of recent acquisitions [1][6] - The appointment follows the acquisition of Circle8 Group, a European IT and technology staffing firm, which has created a global workforce solutions platform with approximately $1.2 billion in annual revenue [2][7] - Murphy has over 25 years of financial leadership experience in staffing and technology sectors, having held various senior roles that focused on growth and operational efficiency [3][4] Group 2 - Murphy's recent role was as Executive Vice President and Division CFO at Hospitality Staffing Solutions, where he led a transformation that resulted in 17% revenue growth over two years [4] - His previous experience includes senior finance positions at LexisNexis and other organizations, where he was involved in acquisitions, integrations, and financial reporting improvements [5] - The CEO of Atlantic International highlighted Murphy's operational mindset and leadership style as key attributes for the company's next growth phase [6]

Core Viewpoint - Kforce Inc. reported its financial results for the fourth quarter and full year of 2025, highlighting adjustments for certain expenses in its non-GAAP measures [1] Financial Performance - The company provided adjusted figures for the fourth quarter and the full year ended December 31, 2025, which are detailed in the Adjusted Financial Performance section [1]