ManpowerGroup Inc. 8K

ManpowerGroup reported stronger-than-expected Q2 2026 results, driven by revenue growth, cost reductions and the sale of its Jefferson Wells U.S. business, and issued Q3 earnings guidance while detailing ongoing strategic transformation initiatives.

ManpowerGroup Inc. reported its financial results for the second quarter ended June 30, 2026, highlighting a return to profitability with net earnings of $53.5 million, or $1.13 per diluted share, versus a net loss of $67.1 million, or $1.44 per diluted share, in the prior-year quarter on revenues of $4.9 billion, up 8% as reported (6% in constant currency). The quarter included the completed sale of the Jefferson Wells U.S. business for $100 million, generating net cash proceeds of $88 million and contributing to a $0.14 per share net positive impact when combined with strategic transformation and restructuring costs and a discontinued business liquidation charge; adjusted EPS excluding these items was $0.99, up 27% in constant currency year over year. Management cited strong demand in the United States, Latin America, APME and select European markets (including Italy, Spain, Poland and Norway), with notable revenue growth in the Manpower brand and improving trends in Experis and Talent Solutions, while gross profit growth and SGA reductions drove meaningful profitability improvement. The company also reiterated progress on its global strategic transformation program and expansion of AI capabilities, and provided third-quarter 2026 earnings guidance of $0.96 to $1.06 per diluted share, including a modest anticipated unfavorable currency impact and a 44% effective tax rate, alongside details on balance sheet, cash flow and segment performance.

Filing Facts

CIK

871763

Ticker

-

Form

8K

Source Type

sec

Accession

0001193125-26-305399

Alert Tier

7