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Fund Letter Credits Staffing Recovery for ManpowerGroup Gains
Palm Valley Capital said staffing volumes improved in 2026, while ManpowerGroup recorded 6% constant-currency growth in the second quarter.
Key takeaways
- ManpowerGroup was among Palm Valley Capital Fund's top three contributors in the third quarter.
- The fund cited improved staffing volumes and 6% constant-currency growth at ManpowerGroup in Q2.
ManpowerGroup was one of Palm Valley Capital Fund’s top three contributors in the third quarter of 2026, the fund said in its investor letter. It cited a developing recovery in staffing.
The fund said staffing volumes improved in 2026 for the first time in several years. ManpowerGroup’s second-quarter constant-currency growth was 6%, supported by strong U.S. demand, according to the letter.
At 17:13 UTC on Oct. 5, ManpowerGroup shares traded at $54.43, up 0.5% since the previous close.
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This article was produced with the help of AI technology. Source: Yahoo Finance
