NYSE:BGSF

BGSF, Inc. Announces Strategic Acquisition Providing Nearshore and Offshore IT Consulting

Retrieved on: 
Monday, April 24, 2023

BGSF, Inc. ( NYSE: BGSF ) (“BGSF”), a growing provider of consulting, managed services and professional workforce solutions, today announced that it has completed the acquisition of substantially all of the assets of Arroyo Consulting LLC, (“Arroyo” or “Arroyo Consulting”).

Key Points: 
  • BGSF, Inc. ( NYSE: BGSF ) (“BGSF”), a growing provider of consulting, managed services and professional workforce solutions, today announced that it has completed the acquisition of substantially all of the assets of Arroyo Consulting LLC, (“Arroyo” or “Arroyo Consulting”).
  • Arroyo Consulting is a nearshore/offshore professional workforce solutions firm that specializes in IT and software development with operations in the US, Colombia and India.
  • Luis F. Sanchez, General Manager of Arroyo Consulting, commented, “Arroyo and BGSF are identical in our commitment to our employees and our clients.
  • We have a scalable model that is addressing the growing demand for nearshore and offshore resources.

BGSF, Inc. Expands Its Board of Directors

Retrieved on: 
Thursday, April 20, 2023

Carroll founded Human Factor Consulting, LLC during the pandemic to provide board advisory, consulting, and leadership development to the public sector and non-profit organizations.

Key Points: 
  • Carroll founded Human Factor Consulting, LLC during the pandemic to provide board advisory, consulting, and leadership development to the public sector and non-profit organizations.
  • The Board will consider which of the Boards committee(s) she may serve on during the next Board meeting.
  • Beth Garvey, Chair, President, and Chief Executive Officer, commented, “We are excited to welcome Donna to the BGSF’s Board of Directors.
  • I am thrilled to step alongside Beth Garvey and her leadership team to serve on the Board of Directors of BGSF and be a part of supporting their continued success.”

BGSF, Inc. Reports Fourth Quarter 2022 Financial Results

Retrieved on: 
Wednesday, March 8, 2023

Adjusted EPS1 from continuing operations was $0.19 for the fourth fiscal quarter of 2022 compared to $0.30 per share in 2021.

Key Points: 
  • Adjusted EPS1 from continuing operations was $0.19 for the fourth fiscal quarter of 2022 compared to $0.30 per share in 2021.
  • The fiscal year financial results are for the 53 weeks ended January 1, 2023, and the 52 weeks ended December 26, 2021; the fourth fiscal quarter financial results are for the 14 weeks ended January 1, 2023, and the 13 weeks ended December 26, 2021.
  • We believe that the fourth fiscal quarter and year-to-date 2022 results were not materially impacted by the additional week.
  • BGSF will discuss its fourth fiscal quarter and full year 2022 financial results during a conference call and webcast at 9:00 a.m.

BGSF, Inc. to Participate in the 35th Annual Roth Conference March 12-14, 2023

Retrieved on: 
Tuesday, March 7, 2023

BGSF, Inc. ( NYSE: BGSF ), a leading national provider of consulting, managed services and workforce solutions, today announced Beth Garvey, Chair, President and Chief Executive Officer; and Dan Hollenbach, Chief Financial Officer, will participate with 1-on-1 meetings on March 13-14, 2023 at the 35th Annual Roth Conference to be held at The Ritz Carlton, Laguna Niguel in Dana Point, California.

Key Points: 
  • BGSF, Inc. ( NYSE: BGSF ), a leading national provider of consulting, managed services and workforce solutions, today announced Beth Garvey, Chair, President and Chief Executive Officer; and Dan Hollenbach, Chief Financial Officer, will participate with 1-on-1 meetings on March 13-14, 2023 at the 35th Annual Roth Conference to be held at The Ritz Carlton, Laguna Niguel in Dana Point, California.
  • Management will be hosting 1-on-1 meetings with the investment community.
  • To schedule a meeting, please reach out to your Roth representative or Three Part Advisors by emailing [email protected] .

BGSF, Inc. Announces Management Change as Part of Transition Plan

Retrieved on: 
Monday, March 6, 2023

Mr. Barnett succeeds Mr. Dan Hollenbach, who served as the Company’s Chief Financial Officer since August 2015.

Key Points: 
  • Mr. Barnett succeeds Mr. Dan Hollenbach, who served as the Company’s Chief Financial Officer since August 2015.
  • Beth Garvey, Chair, President and Chief Executive Officer said, “We are thrilled to welcome John to the Company as BGSF’s next CFO.
  • He brings expertise in finance, investor relations, and a seasoned background in strategic leadership roles for both public and private companies.
  • Prior to BGSF, Mr. Barnett served as Chief Financial Officer of Protective Insurance (NASDAQ: PTVC) and First Acceptance (NYSE: FAC).

BGSF, Inc. to Host Fiscal 2022 Fourth Quarter and Year-End Earnings Conference Call and Webcast

Retrieved on: 
Thursday, February 16, 2023

BGSF, Inc. ( NYSE: BGSF ), a leading national provider of workforce solutions, today announced it will discuss its fourth quarter and full year 2022 financial results during a conference call and webcast on Thursday, March 9, 2023 at 9:00 a.m.

Key Points: 
  • BGSF, Inc. ( NYSE: BGSF ), a leading national provider of workforce solutions, today announced it will discuss its fourth quarter and full year 2022 financial results during a conference call and webcast on Thursday, March 9, 2023 at 9:00 a.m.
  • The teleconference will be hosted by Beth Garvey, Chair, President and Chief Executive Officer; and Dan Hollenbach, Chief Financial Officer.
  • Interested participants may dial 844-200-6205 (U.S. callers) or 929-526-1599 (all other locations) and provide access code 986816.
  • The live webcast and archived replay are accessible at the investor relations section of the Company's website at www.bgsf.com .

BGSF, Inc. Announces 33rd Consecutive Quarterly Dividend

Retrieved on: 
Monday, February 13, 2023

BGSF, Inc. ( NYSE: BGSF ), a leading national provider of workforce solutions, today announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per share of common stock.

Key Points: 
  • BGSF, Inc. ( NYSE: BGSF ), a leading national provider of workforce solutions, today announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per share of common stock.
  • The dividend is payable on March 2, 2023, to all shareholders of record as of the close of business on February 23, 2023.
  • This marks the 33rd consecutive quarterly dividend and based on the Friday’s closing price of the Company’s common stock, the annualized yield is approximately 3.9%.
  • “We are pleased to announce BGSF’s 33rd consecutive quarterly dividend of $0.15 per share that affirms our Board’s confidence in the Company’s sustained, long-term growth strategy,” said Beth Garvey, Chair, President, and Chief Executive Officer.

BGSF, Inc. to Participate in the 2023 Alliance Global Partners Virtual Growth Technology Conference on February 16th

Retrieved on: 
Monday, February 6, 2023

BGSF, Inc. ( NYSE: BGSF ), a leading national provider of consulting, managed services and workforce solutions, today announced Beth Garvey, Chair, President and Chief Executive Officer; and Dan Hollenbach, Chief Financial Officer, will participate in Alliance Global Partners (AGP) Virtual Growth Technology Conference on February 16, 2023.

Key Points: 
  • BGSF, Inc. ( NYSE: BGSF ), a leading national provider of consulting, managed services and workforce solutions, today announced Beth Garvey, Chair, President and Chief Executive Officer; and Dan Hollenbach, Chief Financial Officer, will participate in Alliance Global Partners (AGP) Virtual Growth Technology Conference on February 16, 2023.
  • Management will be available during the AGP Conference for 1-on-1 meetings with the investment community.
  • To schedule a meeting, please reach out to your AGP representative or Three Part Advisors by emailing [email protected] .

BGSF, Inc. Announces Two Executive Leadership Appointments

Retrieved on: 
Tuesday, January 17, 2023

“We see strong correlation between leadership bench strength and operational resiliency.

Key Points: 
  • “We see strong correlation between leadership bench strength and operational resiliency.
  • And I believe that these two individuals exemplify purpose-driven leadership on our bench, with talent and skills that bring deep value and innovation to BGSF,” said Beth Garvey, Chair, President and Chief Executive Officer.
  • “As a visionary senior executive, Chris has achieved a track record of success leading business transformation and M&A integration initiatives for a rapidly growing multi-billion-dollar professional services organization.
  • She also serves on the Board of the northern Utah chapter of the Project Management Institute as Outreach.

BGSF, Inc. Acquires Horn Solutions, Inc.

Retrieved on: 
Monday, December 12, 2022

Horn also offers support services in consulting, loan staff for projects, interim and staff augmentation, direct hire and managed services.

Key Points: 
  • Horn also offers support services in consulting, loan staff for projects, interim and staff augmentation, direct hire and managed services.
  • Horn reported unaudited revenues of approximately $30 million for the trailing twelve months ending September 2022.
  • We are pleased to welcome the entire Horn Solutions team to BGSF, said Beth Garvey, BGSFs Chair, President, and Chief Executive Officer.
  • The combination of these great organizations brings exciting growth opportunities for both BGSF and the Horn team, said Gary Horn, Horn Solutions prior CEO.