KELLY SERVICES INC
For the period ended Jun 30, 2024. Filed Aug 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 8, 2024
KELYB$25.88+1.3%Stored close · as of Nov 9, 2026
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Consolidated Statements of Earnings
(In millions of dollars except per share data)
| 13 Weeks Ended | 26 Weeks Ended | |||
|---|---|---|---|---|
| June 30,2024 | July 2,2023 | June 30,2024 | July 2,2023 | |
| Revenue from services | $1,057.5 | $1,217.2 | $2,102.6 | $2,485.5 |
| Cost of services | 843.8 | 976.6 | 1,683.2 | 1,990.8 |
| Gross profit | 213.7 | 240.6 | 419.4 | 494.7 |
| Selling, general and administrative expenses | 191.5 | 232.0 | 382.0 | 475.4 |
| Asset impairment charge | 5.5 | 2.4 | 5.5 | 2.4 |
| (Gain) loss on sale of EMEA staffing operations | 10.0 | — | (1.6) | — |
| Gain on sale of assets | (5.5) | — | (5.5) | — |
| Earnings from operations | 12.2 | 6.2 | 39.0 | 16.9 |
| Gain on forward contract | — | — | 1.2 | — |
| Other income (expense), net | (6.5) | (0.6) | (4.7) | 1.4 |
| Earnings before taxes | 5.7 | 5.6 | 35.5 | 18.3 |
| Income tax expense (benefit) | 1.1 | (1.9) | 5.1 | (0.1) |
| Net earnings | $4.6 | $7.5 | $30.4 | $18.4 |
| Basic earnings per share | $0.13 | $0.20 | $0.84 | $0.49 |
| Diluted earnings per share | $0.12 | $0.20 | $0.83 | $0.49 |
| Average shares outstanding (millions): | ||||
| Basic | 35.5 | 36.0 | 35.5 | 36.5 |
| Diluted | 35.9 | 36.4 | 35.9 | 36.9 |
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