OverviewSuggest Edit

BG Staffing is a provider of temporary staffing services that operates in three industry segments: Multifamily, Professional and Commercial. The Company provides temporary workers to a variety of customers that are seeking to match their workforce requirements to their business needs. Its temporary staffing services consist of on-demand or short-term staffing assignments, contract staffing and on-site management administration.
TypePublic
Founded2007
HQPlano, US
Websitebgstaffing.com
Employee Ratings4
Overall CultureF

Latest Updates

Employees (est.) (Feb 2019)349
Revenue (FY, 2019)$294.3 M(+3%)
Share Price (Nov 2020)$11.3 (+2%)
Cybersecurity ratingBMore

Key People/Management at BG Staffing

Beth Garvey

Beth Garvey

CEO and President
L. Allen Baker

L. Allen Baker

Chairman
Dan Hollenbach

Dan Hollenbach

CFO
Chris Loope

Chris Loope

Chief Information Officer
Janel Hunt

Janel Hunt

Vice President of People
Terri MacInnis

Terri MacInnis

VP of Investor Relations
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BG Staffing Office Locations

BG Staffing has offices in Plano, Addison, Atlanta, Austin and in 43 other locations
Plano, US (HQ)
5850 Granite Pkwy #730
Addison, US
15455 Dallas Pkwy #600
Atlanta, US
3355 Lenox Rd NE #750
Austin, US
7718 Wood Hollow Dr #150
Bala Cynwyd, US
2 Bala Plaza #300
Bloomington, US
3800 American Blvd W #1500
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BG Staffing Financials and Metrics

BG Staffing Revenue

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BG Staffing's revenue was reported to be $294.31 m in FY, 2019
USD

Revenue (Q3, 2020)

71.5m

Gross profit (Q3, 2020)

19.7m

Gross profit margin (Q3, 2020), %

27.6%

Net income (Q3, 2020)

2.6m

EBIT (Q3, 2020)

3.6m

Market capitalization (20-Nov-2020)

114.2m

Closing stock price (20-Nov-2020)

11.3

EV

158.4m
BG Staffing's current market capitalization is $114.2 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

151.7m172.8m217.5m253.9m272.6m286.9m294.3m

Revenue growth, %

14%26%17%7%

Cost of goods sold

122.6m138.3m169.6m193.8m204.2m210.3m213.6m

Gross profit

29.1m34.5m47.9m60.1m68.4m76.6m80.7m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q1, 2019Q2, 2019Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

47.9m39.0m42.8m48.0m40.9m49.8m60.2m59.6m66.9m137.8m77.1m68.8m73.9m79.4m74.1m62.6m71.5m

Cost of goods sold

38.8m31.3m34.4m38.0m32.5m38.9m46.3m46.2m49.5m101.3m53.8m45.7m51.8m

Gross profit

9.1m7.7m8.5m10.0m8.3m10.9m13.9m13.3m17.3m36.5m20.3m16.9m19.7m

Gross profit Margin, %

19%20%20%21%20%22%23%22%26%26%27%27%28%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

Accounts Receivable

23.3m22.0m32.3m33.3m36.7m37.6m39.4m

Prepaid Expenses

950.7k948.0k984.2k1.2m

Current Assets

25.2m23.3m33.3m34.4m38.0m38.6m40.7m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2019Q2, 2019Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

64.8k

Accounts Receivable

25.0m21.6m23.9m27.5m23.9m26.6m29.8m30.1m31.6m35.5m31.4m39.9m40.6m35.0m40.2m39.7m35.7m38.4m40.4m42.6m37.8m41.8m

Prepaid Expenses

1.6m648.1k575.8k1.0m713.0k529.5k1.3m2.5m1.7m1.7m2.5m1.8m1.0m

Current Assets

26.9m23.4m25.2m28.8m25.1m27.8m30.9m31.2m32.3m36.2m32.6m40.8m41.2m37.0m42.9m41.7m38.2m40.1m42.1m45.6m40.1m42.8m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

8.3m(428.9k)5.3m6.9m5.8m17.5m13.2m

Depreciation and Amortization

4.9m4.6m5.5m6.7m6.3m5.0m4.8m

Accounts Payable

(313.1k)(818.6k)185.3k(620.5k)(556.0k)(1.8m)675.8k

Cash From Operating Activities

2.3m5.7m11.8m9.5m18.1m18.4m18.0m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2019Q2, 2019Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

1.1m(1.5m)(1.3m)(918.4k)164.2k1.6m3.8m833.1k2.2m4.6m1.3m3.6m6.7m2.5m7.6m12.7m2.5m6.3m10.5m1.5m(3.3m)(764.8k)

Depreciation and Amortization

3.4m1.3m2.5m3.6m1.1m2.4m3.7m1.8m3.5m5.2m1.4m3.2m4.7m1.3m2.6m3.8m1.2m2.4m3.6m1.4m2.9m4.1m

Accounts Payable

3.4m(286.4k)(280.1k)(629.1k)(101.7k)(482.2k)125.3k(557.9k)(331.4k)(324.4k)350.5k(488.8k)(518.9k)(1.2m)(774.7k)(1.6m)7.9k67.0k(5.7k)(272.3k)(371.9k)(66.1k)

Cash From Operating Activities

686.9k2.8m2.7m3.3m2.2m3.9m5.9m4.8m6.1m7.1m6.5m6.8m12.0m3.6m4.1m11.4m5.4m9.2m14.0m6.6m15.1m18.3m
USDQ3, 2013

Debt/Assets

0.2 x
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BG Staffing Operating Metrics

FY, 2014FY, 2015FY, 2016

Branches

32 36 52
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BG Staffing Revenue Breakdown

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BG Staffing revenue breakdown by business segment: 26.3% from Multifamily, 46.5% from Professional and 27.2% from Commercial

BG Staffing Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

BG Staffing Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

BG Staffing Online and Social Media Presence

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BG Staffing Company Culture

  • Overall Culture

    F

    47/100

  • CEO Rating

    D-

    60/100

  • Compensation

    C+

    70/100

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BG Staffing News and Updates

BG Staffing to Present at the 2019 Gateway Conference

PLANO, Texas, Aug. 22, 2019 (GLOBE NEWSWIRE) -- BG Staffing, Inc. (NYSE American: BGSF), a growing national provider of professional temporary staffing services, today announced that Beth A. Garvey, CEO, and Dan Hollenbach, CFO, will co-present at the Gateway Conference on Thursday, September 5th …

BG Staffing to Present at the Mid-West IDEAS Conference

PLANO, Texas, Aug. 14, 2019 /PRNewswire/ -- BG Staffing, Inc. (NYSE American: BGSF), a growing national provider of professional temporary staffing services, today announced that Beth A. Garvey, CEO, and Dan Hollenbach, CFO, will co-present at the Mid-West IDEAS Conference on Wednesday,...

BG Staffing to Present at the East Coast IDEAS Conference

PLANO, Texas, May 29, 2019 /PRNewswire/ -- BG Staffing, Inc. (NYSE American: BGSF), a rapidly growing national provider of professional temporary staffing services, today announced that Beth A. Garvey, CEO, and Dan Hollenbach, CFO, will co-present at the East Coast IDEAS Conference on...

BG Staffing, Inc. Announces Q1 2019 Financial Results

PLANO, Texas, May 9, 2019 /PRNewswire/ -- BG Staffing, Inc. (NYSE American: BGSF), a rapidly growing national provider of professional temporary staffing services, today reported financial results for its first quarter ended March 31, 2019. Quarter One 2019 Results 2019 2018 Change %...

BG Staffing, Inc. Announces Q4 and Fiscal Year-End 2018 Financial Results

PLANO, Texas, March 12, 2019 /PRNewswire/ -- BG Staffing, Inc. (NYSE American: BGSF), a rapidly growing national provider of professional temporary staffing services, today reported financial results for its fourth quarter and fiscal year-ended December 30, 2018. Quarter Four 2018 Results ...

BG Staffing, Inc. to Host Q4 and Fiscal Year-End Results Conference Call

PLANO, Texas, Feb. 20, 2019 /PRNewswire/ -- BG Staffing, Inc. (NYSE American: BGSF), a rapidly growing national provider of professional temporary staffing services, today announced that the Company will report fourth quarter and fiscal year-end results of operations before the market...
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BG Staffing Blogs

How to Network in the Real Estate Industry

Networking can be tough. Sure, there’s the familiar events out there, the ones with open bars, plenty of extroverted people, get-to-know-you prompter questions, and at the very least, passed appetizers. But if you’re brand new or trying to get a foot in the door of the real estate industry, there ca…

Feature Friday: Betsy Kirkpatrick on NAA & BGMF being the Hottest Power Couple

The National Apartment Association & BGMF = the Industry’s Hottest Power Couple The National Apartment Association was formed to be a leading voice for rental housing. With 153 affiliates and 82,000 members operating over 10 million apartment units worldwide, the NAA exists to support the growin…

Recruiter Tips: Keep Calm & Kill Your Interview!

Interviewing can be one of the most anxiety-producing events you can experience! We all go through the motions of preparing for it. We re-read the job description, pick out the perfect outfit, make sure we print our resumes and hopefully have done some prep questions with our recruiter! While all of…

Feature Friday: Working Remotely, and Adapting with Patience

Elaine Priesman’s experience with BGSF and the recruiting industry has given her plenty of insight into the business and the changing industry. Her commitment to great service and building personal connections makes her a valuable resource to BG, especially in today’s environment. Brittany Berrodin,…

How to Beat Burnout as an Introvert

Burnout for introverts is different from other types of burnout. The core differences are the causes of the stress and overexertion that result in feeling burnt out. For introverts, it can be exhausting to have long periods of socialization without any breaks. Even the surrounding environment can be…

An Extrovert’s Guide to Burnout in Quarantine

Extroverts around the world are suffering during the pandemic. Why? Because extroverts find fulfillment and energy from their connections with other people and, well, quarantine is basically the antithesis of social gatherings. Burnout for extroverts happens when their relationships are stressed or …
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BG Staffing Frequently Asked Questions

  • When was BG Staffing founded?

    BG Staffing was founded in 2007.

  • Who are BG Staffing key executives?

    BG Staffing's key executives are Beth Garvey, L. Allen Baker and Dan Hollenbach.

  • How many employees does BG Staffing have?

    BG Staffing has 349 employees.

  • What is BG Staffing revenue?

    Latest BG Staffing annual revenue is $294.3 m.

  • What is BG Staffing revenue per employee?

    Latest BG Staffing revenue per employee is $843.3 k.

  • Who are BG Staffing competitors?

    Competitors of BG Staffing include TargetCW, Insperity and TrueBlue.

  • Where is BG Staffing headquarters?

    BG Staffing headquarters is located at 5850 Granite Pkwy #730, Plano.

  • Where are BG Staffing offices?

    BG Staffing has offices in Plano, Addison, Atlanta, Austin and in 43 other locations.

  • How many offices does BG Staffing have?

    BG Staffing has 55 offices.