Kelly Services Inc (NAS:KELYB)
$ 18.6 0 (0%) Market Cap: 646.41 Mil Enterprise Value: 905.71 Mil PE Ratio: 14.20 PB Ratio: 0.50 GF Score: 70/100
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Q1 2020 Kelly Services Inc Earnings Call Transcript

May 04, 2020 / 01:00PM GMT
Release Date Price: $15.5
Operator

Good morning and welcome to Kelly Services first quarter earnings conference call. (Operator Instructions) Today's call is being recorded at the request of Kelly Services. If anyone has any objections, you may disconnect at this time.

I would now like to turn the meeting over to your host, Mr. Peter Quigley, President and CEO. Sir, you may begin.

Peter W. Quigley
Kelly Services, Inc. - President, CEO & Director

Thank you, John. Good morning, everyone, and I hope everyone is staying safe. Welcome to Kelly Services first quarter conference call. With me on the call is Olivier Thirot, our CFO.

We have a lot of ground to cover so let me give a quick outline of what to expect. I'm going to share some Q1 headlines and comment on Kelly's response to the COVID-19 pandemic. Then Olivier will walk us through highlights of our quarterly performance, including the impact of COVID-19 and the goodwill impairment we announced in this morning's release, which was triggered by the stock market's response to the crisis. I'll then share some trends we're

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