Kelly Services Gains Support as Staffing Volumes Recover
Palm Valley Capital said Kelly Services was among its strongest quarterly contributors as staffing volumes improved for the first time in several years.
Key takeaways
- Palm Valley Capital named Kelly Services one of its top three contributors in the third quarter.
- The fund said staffing volumes improved in 2026 for the first time in several years.
Kelly Services was one of the biggest contributors to Palm Valley Capital Fund’s return in the third quarter of 2026, the fund said in its investor letter. The fund pointed to a developing recovery in the staffing sector.
Staffing volumes improved in 2026 for the first time in several years, according to the letter. Kelly Services’ second-quarter results improved significantly from the prior quarter and exceeded guidance.
The fund also named ManpowerGroup and Amdocs among its three leading contributors. It said shares of Kelly Services and ManpowerGroup rose amid signs of the staffing recovery.
This article was produced with the help of AI technology. Source: Yahoo Finance
