Kelly Services Inc (NAS:KELYB)

Q2 2025 Kelly Services Inc Earnings Call Transcript

Aug 7, 2025 / 01:00 PM GMT

Release Date Price: $12.5

Transcript 10-Q8-K

Key Points

Positve

Kelly Services Inc (KELYA) achieved revenue growth in its education business, maintaining strong fill rates in the K-12 staffing sector.
The company capitalized on solid demand within the engineering and telecom verticals, contributing positively to its results.
Payroll process outsourcing within the ETM segment delivered robust revenue growth over the prior year.
Kelly Services Inc (KELYA) is well-positioned to harness the potential of AI, providing flexible, scalable solutions that combine people and technology.
The company has made significant progress in integrating MRP's portfolio with its existing businesses, enhancing operational efficiency and reducing complexity.

Negative

Kelly Services Inc (KELYA) faced acute demand reductions from certain large customers due to cost controls in response to a dynamic trade and geopolitical landscape.
The current macroeconomic environment led to a deceleration in demand for staffing services, particularly impacting the ETM segment.
Volumes within the US federal government business declined at the outset of the quarter, affecting overall performance.
The company experienced a larger than anticipated negative impact from the evolving macro environment, with organic revenue down 3.3% year over year.
Kelly Services Inc (KELYA) reported a decline in adjusted earnings per share compared to the prior year, reflecting lower earnings from operations and increased net interest expense.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

KELYA.OQ - Kelly Services Inc
Q2 2025 Kelly Services Inc Earnings Call
Aug 07, 2025 / 01:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good day and thank you for standing by. Welcome to the Kelly Services 2nd quarter conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press 11 on your telephone. You will then hear an automated message advising that your hand is raised. To withdraw your question, please press 11 again.

Please be advised that today's conference is being recorded. I would now like to hand the conference over to our first speaker today, Scott Thomas, head of investor relations. Please go ahead.

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