BGSF

Interested in BGSF, Inc.? Here are five stocks we like better. BGSF completed its transition to a standalone property staffing company after the March 31 end of its agreement with INSPYR Solutions, which management said creates a simpler structure focused on efficiency, accountability and growth. First-quarter results were mixed: revenue was flat at $20.9 million, but adjusted EBITDA loss narrowed to $541,000 from $1 million a year earlier, helped by cost control and a debt-free balance sheet. The company is leaning on cost cuts, AI tools, rebranding and new PropTech consulting services to drive growth, while still expecting full-year 2026 revenue to rise in the low- to mid-single-digit range. BGSF (NYSE:BGSF) said it completed its transition to operating as a standalone property staffing company during the first quarter of fiscal 2026, following the March 31 conclusion of its transition services agreement with INSPYR Solutions. Co-CEO and CFO Keith Schroeder told investors that the end of the agreement marked “a meaningful inflection point” for the company, allowing management and employees to focus on property staffing and the company’s 2026 growth initiatives. The company previously sold its Professional Division, and Schroeder said BGSF is now operating with a simplified support structure aimed at improving operational discipline, efficiency and accountability. → Light Speed Returns: Corning Cashes In on NVIDIA Growth For the first quarter, BGSF reported revenue of $20.9 million from continuing operations, which Schroeder said was flat compared with the prior-year period. He said the result represented a positive change compared with trends over the previous two fiscal years, though management believes severe nationwide weather and widespread power outages in late January and February affected demand during the quarter. Gross profit was $7.4 million in the first quarter, compared with $7.6 million in the prior-year period. Gross margin was 35.5%, down from 36.2% a year earlier. Schroeder said the company expects full-year gross margin to trend closer to 36%. → Uber's Annual Product Showcase Reveals It Is Coming for Airbnb and Booking SG&A expenses were $8.8 million, compared with $9 million a year ago. The latest quarter included $483,000 of strategic review costs, up from $21,000 in the prior-year period. BGSF also recorded a $918,000 gain in income fro...

DALLAS (AP) — DALLAS (AP) — BGSF, Inc. (BGSF) on Wednesday reported a loss of $471,000 in its first quarter. The Dallas-based company said it had a loss of 4 cents per share. Losses, adjusted to account for discontinued operations, came to 13 cents per share. The staffing company posted revenue of $20.9 million in the period. BGSF shares have increased roughly 10% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $5.08, a climb of 51% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BGSF at https://www.zacks.com/ap/BGSF

Successfully concluded the transition services agreement (TSA) with Inspire on March 31, marking the company's official shift to a standalone property staffing business. Management attributes the flat year-over-year revenue performance to severe nationwide weather and power outages in early 2024, though notes this stability is an improvement over the prior two fiscal years. The organization has been resized to a $12 million annual G&A cost structure to align with the simplified standalone support requirements and drive better accountability. Strategic rebranding was completed to sharpen market positioning and support a new technology-enabled digital lead generation platform. AI capabilities have been integrated into both recruiting and sales, resulting in streamlined interviews for over 7,500 candidates and faster client conversion times. The company launched PropTech consulting services through a Yardi partnership to address increasing complexity in property management tech stacks and industry consolidation. Full-year 2026 revenue is projected to grow in the low- to mid-single-digit range compared to 2025, supported by seasonal strength in the second and third quarters. Management expects full-year gross margin to trend toward 36% as operational discipline and cost-reduction actions take effect. Targeted actions to reduce selling costs are expected to yield approximately $1 million in annualized cash cost savings, with full benefits realized starting in the third quarter. PropTech consulting is anticipated to contribute approximately 1% to 2% of total revenue within the current fiscal year. The company plans to continue evaluating its technology stack as a standalone entity to identify further opportunities for cost optimization and efficiency gains. Incurred $483,000 in strategic review costs during the first quarter, a significant increase from $21,000 in the prior-year period. Recorded a $918,000 gain from the final net working capital settlement related to the sale of the Professional Division, classified under discontinued operations. Maintains a debt-free balance sheet following the divestiture of legacy divisions. Repurchased 170,862 shares of common stock during the quarter at an average price of $5.11 per share. Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 p...

DALLAS, TX / ACCESS Newswire / May 6, 2026 / BGSF, Inc. (NYSE:BGSF), a leading provider of workforce solutions for the specialized Property Management industry, today reported financial results for the first fiscal quarter ended March 29, 2026. Q1 2026 Highlights from Continuing Operations Revenues were $20.9 million for Q1 current and prior year quarter. Gross profit was $7.4 million for Q1, compared to $7.6 million in prior year quarter, primarily driven by a lower gross margin percentage. Net loss was $1.4 million, or $0.13 per diluted share for Q1, compared to a net loss of $2.3 million, or $0.21 per diluted share in the prior year quarter. Adjusted EBITDA1 loss was $0.5 million (3% of revenues) in Q1, compared to loss of $1.0 million (5% of revenues) in the prior year quarter. Adjusted EPS1 loss was $0.06 for Q1, compared with Adjusted EPS1 loss of $0.09 in the prior year quarter. SUMMARY OF FINANCIAL RESULTS FROM CONTINUING OPERATIONS (dollars in thousands, except per share) (unaudited) 1 Adjusted EBITDA and Adjusted EPS are non-GAAP financial measures as defined and reconciled below. Co-Chief Executive Officer and Chief Financial Officer, Keith Schroeder, said, "We successfully completed the Transition Services Agreement ("TSA") with INSPYR at the end of the quarter and are now operating as a stand-alone company. This inflection point simplifies the organization and enables greater operational discipline. While first-quarter revenue was flat year-over-year, severe nationwide weather in late January and February likely affected demand compared to the prior year. "With the TSA concluded, our teams are concentrated on property management staffing and the execution of our strategic initiatives. We continue to expect full-year 2026 revenue to grow in the low- to mid-single-digit range compared to 2025. We exited the quarter with a strong, debt-free balance sheet, and we remain committed to disciplined capital management and cost control. General and Administrative expenses were reduced to our targeted $3.0 million run-rate level in the first quarter, supporting continued operational improvement and progress toward profitability." Co-Chief Executive Officer and Property Management President, Kelly Brown, commented, "The completion of the BG Staffing rebrand in the first quarter reflects an important step in strengthening our market positioning and building...

Image source: The Motley Fool. May 7, 2026, 9 a.m. ET Chief Executive Officer — Keith R. Schroeder President — Kelly Brown Need a quote from a Motley Fool analyst? Email [email protected] Keith R. Schroeder: Thank you, Sandy, and thank you all for joining us on today's call. As expected, BGSF, Inc.'s transition services agreement with Inspire successfully concluded on March 31, thus beginning in the quarter we are now operating as a standalone company. This represents a meaningful inflection point for the business, enabling our leadership team and employees to dedicate their full attention to managing a best-in-class property staffing company and executing our 2026 strategic growth initiatives. Operating independently simplifies the organization's support structure and strengthens our ability to drive operational discipline, efficiency, and accountability. During the quarter, we made solid progress through three key directives that remain central to our strategy. First, we are leveraging insights from an independent consulting firm to support incremental top-line revenue. Kelly will provide an update on several encouraging developments following my remarks. Second, we have resized our general and administrative cost structure to align with our standalone property staffing business and we will continue to look for opportunities to optimize our cost structure. We continue to estimate ongoing G&A costs at approximately $12 million annually, including roughly $2 million in public company costs, reflecting a more appropriate and sustainable cost base. Third, informed by an external organizational and incentive compensation study, we took targeted actions late in the first quarter to reduce selling costs. While the timing limited the near-term impact, we expect the full benefit of these actions to be realized beginning in the third quarter of this year. On an annualized basis, these initiatives are anticipated to generate approximately $1 million in cash cost savings. These actions reinforce our focus on execution, margin improvement, and progress towards sustained profitability. With that, I will turn it over to Kelly to walk through the strategic initiatives currently underway. Kelly Brown: Thank you, Keith, and good morning, everyone. We are proud to share that BGSF, Inc. was recognized as one of the 2026 Best Places for Working Parents by the Staffing Industry Analy...

PLANO, TX / ACCESS Newswire / April 21, 2026 / BGSF, Inc. (NYSE:BGSF), a growing provider of workforce solutions for the specialized property management industry, today announces that it will release its fiscal 2026 first quarter results on Wednesday, May 6, 2026, after the market close. In conjunction with the release, management will host an earnings conference call, a live teleconference, and a webcast at 9:00 am ET on Thursday, May 7, 2026. Interested participants may dial 1-844-481-3017 (Toll-Free) or 1-412-317-1882 (International) and ask to join the BGSF earnings call. A call replay will be available until Thursday, May 14, 2026. To access the replay, please dial 1-855-669-9658 (Toll-Free) or 1-412-317-0088 (International) and enter the access code 6626979. The live webcast is accessible in the investor relations section of the Company's website at https://investor.bgsf.com/events-and-presentations/default.aspx. About BGSF BGSF provides best-in-class property management resources and solutions to growing apartment and luxury communities, as well as commercial properties, and was awarded Supplier Company of the Year by the National Apartment Association in recent years. Through its exclusive and semi-exclusive agreements with some of the largest property management companies in North America, BGSF offers differentiated advantages to clients, including trained talent and unique technological platforms that maximize efficiencies in the growing residential and commercial leased property industries. For more information on the Company and its services, please visit its website at www.bgsf.com. CONTACT: Steven Hooser or Sandy Martin Three Part Advisors [email protected] 214.872.2710 or 214.616.2207 SOURCE: BGSF, INC. View the original press release on ACCESS Newswire

This article first appeared on GuruFocus. Revenue: $22 million in Q4, a 9.4% decline compared to the prior year. Gross Profit: $7.7 million in Q4, down from $8.7 million in the prior year quarter. Gross Margin: 35% in Q4, adjusted to 35.6% excluding out-of-period workers' comp costs. SG&A Expenses: $9.3 million in Q4, compared to $10.5 million in the prior year quarter. Adjusted EBITDA: Loss of $947,000 in Q4, compared to a loss of $1.6 million in the prior year. GAAP Net Loss: $0.11 per diluted share from continuing operations in Q4. Adjusted EPS: Non-GAAP adjusted EPS loss of $0.09 per share from continuing operations in Q4. Net Cash Provided by Operating Activities: $117,000 for the full year 2025. Capital Expenditures: $138,000 for the full year 2025. Share Buyback: 351,200 shares purchased totaling approximately $1.5 million in 2025. Warning! GuruFocus has detected 4 Warning Signs with BGSF. Is BGSF fairly valued? Test your thesis with our free DCF calculator. Release Date: March 12, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. BGSF Inc (NYSE:BGSF) retired all outstanding debt and is now debt-free with a strong cash position. The company returned capital to shareholders via a $2 per share special dividend and announced a $5 million share buyback. BGSF Inc (NYSE:BGSF) is focusing on expanding into the prop-tech support market, partnering with Yardi, an industry-leading property management technology platform. The company is optimizing AI investments to enhance client and candidate experiences, improving operational efficiency. BGSF Inc (NYSE:BGSF) expects full-year sales in 2026 to grow in the mid-single digits compared to 2025, indicating a positive outlook. Fourth quarter revenues declined by 9.4% compared to the prior year, driven by lower build hours and weak demand. Gross profit decreased to $7.7 million from $8.7 million in the prior year quarter, with gross profit as a percentage of revenue negatively affected by out-of-period workers' comp costs. SG&A expenses for the fourth quarter were $9.3 million, including strategic review costs and out-of-period expenses, impacting profitability. Fourth quarter adjusted EBITDA was a loss of $947,000, although improved from a $1.6 million loss in the prior year. The company is still undergoing transitional work related to the sale of the profession...

After selling its professional division, BGSF is now a debt-free, property-management staffing company that returned capital with a $2 per share special dividend and launched a $5 million share-repurchase program; the transition services agreement is expected to conclude by end of Q1. Management plans to rebrand to BGStaffing.com to improve SEO and is expanding into PropTech support via a partnership with Yardi, initially staffing ~8–12 consultants with projected first-year revenue of roughly $1–$2 million. Q4 revenue from continuing operations declined 9.4% to $22.0 million, but adjusted EBITDA loss narrowed to about $0.95 million after SG&A cuts; management expects fiscal 2026 sales to grow by mid‑single digits and has identified ~$1 million of annualized SG&A savings. Interested in BGSF, Inc.? Here are five stocks we like better. BGSF (NYSE:BGSF) executives used the company’s fiscal 2025 fourth-quarter and full-year earnings call to outline how the business has changed following the sale of its professional division, while also discussing steps aimed at reigniting revenue growth in its remaining property management staffing operations. Chief Financial Officer Keith Schroeder said fiscal 2025 was a “transformational year” for the company. Following the divestiture of the professional division, BGSF retired all outstanding debt, returned capital to shareholders through a $2 per share special dividend, and announced a $5 million share repurchase program. Schroeder said BGSF is now a “solely focused property management staffing organization,” operating debt-free and with a strong cash position. → FuelCell Energy Is Burning Cash Faster Than It’s Building Momentum Schroeder also noted the company continues to operate under a transition services agreement (TSA) related to the divestiture, which he said has been going well and is expected to conclude by the end of the first quarter. President and Co-CEO Kelly Brown said the company is making a notable change to its go-to-market strategy: once the TSA is completed in April, the company plans to transition its website to BGStaffing.com. Brown said the company’s analysis of search trends and AI activity showed that including “staffing” in the name consistently ranks the company in the top three results for clients and job seekers, and management believes the change will improve SEO, clarify brand positioning, and in...

Completed the transition to a debt-free, property management-focused organization following the sale of the professional division and retirement of all debt. Attributed fourth-quarter revenue declines of 9.4% to lower billed hours and weak demand caused by cost pressures on property owners and management companies. Initiated a brand transition to bgstaffing.com to capitalize on search trends and AI activity, aiming to secure top-three rankings for industry-specific digital searches. Launched a strategic expansion into the PropTech support market through a partnership with Yardi, addressing a sizable adjacent market for technology-enabled talent. Implemented aggressive G&A resizing to align with the standalone property staffing business, targeting an ongoing cost base of approximately $12,000,000. Utilized independent consulting insights to overhaul top-line revenue initiatives and incentive compensation structures to drive better sales execution. Projecting full-year 2026 sales growth in the mid-single digits, supported by a positive trend observed in January and February. Expects the PropTech initiative to contribute between $1,000,000 and $2,000,000 in top-line revenue during its first year of organic growth. Anticipates full realization of $1,000,000 in annualized selling cost savings by the third quarter of 2026. Assumes a more optimistic market sentiment in 2026 as customers move past previous economic volatility and plan to leverage staffing services. Plans to wrap up the Transition Services Agreement by the end of the first quarter and finalize related cash escrow settlements during the second quarter. Fourth-quarter gross profit was negatively impacted by $147,000 in out-of-period workers' compensation costs. SG&A included $403,000 in strategic review costs and $460,000 in out-of-period expenses related to medical insurance and the professional division sale. Identified approximately $2,000,000 in annual recurring costs specifically associated with maintaining public company status. Noted a temporary operational headwind in February due to a significant snowstorm that impacted national activity for several days. Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management explained that the partnership leverages Yardi's independent consultant networ...

BG Staffing Realigns Go-to-Market Strategy to Drive Greater Clarity and Effectiveness PLANO, TX / ACCESS Newswire / March 11, 2026 / BGSF, Inc. (NYSE:BGSF), a leading provider of workforce solutions for the specialized Property Management industry, today reported financial results for the fourth fiscal quarter and fiscal year ended December 28, 2025. BGSF is evolving its go-to-market strategy and will do business as BG Staffing, aligning our brand with how the industry already knows and trusts us. While the corporate name remains BGSF, this change capitalizes on the top queries in both AI and traditional web search clients and candidates alike use when seeking property management staffing. Upon completion of the transition services agreement ("TSA") with INSPYR Solutions in April 2026, the Company will unify its client and candidate-facing go-to-market activities under the BGStaffing.com domain to drive search engine optimization, brand clarity, and marketing effectiveness. Co-Chief Executive Officer and Chief Financial Officer, Keith Schroeder, said, "Fiscal 2025 marked a transformational year for the Company. After the sale of our Professional division, we returned meaningful capital to shareholders through a $2.00-per-share special dividend and a $5 million share repurchase authorization. Today, we are solely focused as a property management staffing organization that is debt-free with a strong cash position. "With a disciplined approach to capital allocation and a focus on growth powered by experienced people and AI-enabled automation, we are intentionally streamlining the business as we exit the TSA. While the near-term results may continue to be choppy, we believe these actions position the Company for sustainable, long-term value creation." Co-Chief Executive Officer and Property Management President, Kelly Brown, commented, "In 2025, we completed a strategic study that outlined a clear roadmap to enhance the customer experience, accelerate recruiting and fulfillment, and modernize our digital and customer touchpoints. Scaling our human expertise and AI-based tools is delivering a compelling value proposition to our clients centered on speed, talent quality, and service excellence. "In February 2026, we entered PropTech through our first software partnership with Yardi, the leading property management technology platform. Through the Yardi Independent...

PLANO, Texas (AP) — PLANO, Texas (AP) — BGSF, Inc. (BGSF) on Wednesday reported a loss of $1.2 million in its fourth quarter. The Plano, Texas-based company said it had a loss of 10 cents per share. Losses, adjusted to account for discontinued operations, came to 11 cents per share. The staffing company posted revenue of $22 million in the period. For the year, the company reported that its loss widened to $11.4 million, or $1.04 per share. Revenue was reported as $93.3 million. BGSF shares have risen 35% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $6.25, a climb of 54% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BGSF at https://www.zacks.com/ap/BGSF