KELLY SERVICES INC
For the period ended Sep 29, 2024. Filed Nov 7, 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.
Sep 29, 2024 · Filed Nov 7, 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 | 39 Weeks Ended | |||
|---|---|---|---|---|
| September 29,2024 | October 1,2023 | September 29,2024 | October 1,2023 | |
| Revenue from services | $1,038.1 | $1,118.0 | $3,140.7 | $3,603.5 |
| Cost of services | 816.4 | 889.5 | 2,499.6 | 2,880.3 |
| Gross profit | 221.7 | 228.5 | 641.1 | 723.2 |
| Selling, general and administrative expenses | 219.0 | 228.4 | 601.0 | 703.8 |
| Asset impairment charge | — | — | 5.5 | 2.4 |
| Gain on sale of EMEA staffing operations | — | — | (1.6) | — |
| Loss (gain) on sale of assets | 0.1 | — | (5.4) | — |
| Earnings from operations | 2.6 | 0.1 | 41.6 | 17.0 |
| Gain on forward contract | — | — | 1.2 | — |
| Other income (expense), net | (4.4) | 1.6 | (9.1) | 3.0 |
| Earnings (loss) before taxes | (1.8) | 1.7 | 33.7 | 20.0 |
| Income tax expense (benefit) | (2.6) | (4.9) | 2.5 | (5.0) |
| Net earnings | $0.8 | $6.6 | $31.2 | $25.0 |
| Basic earnings per share | $0.02 | $0.18 | $0.86 | $0.68 |
| Diluted earnings per share | $0.02 | $0.18 | $0.85 | $0.67 |
| Average shares outstanding (millions): | ||||
| Basic | 35.6 | 35.4 | 35.5 | 36.2 |
| Diluted | 36.0 | 35.8 | 35.9 | 36.5 |
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