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 Ratings3.2

Latest Updates

Employees (est.) (Feb 2019)349
Revenue (FY, 2018)$286.9 M(+6%)
Share Price (Nov 2019)$21

Key People/Management at BG Staffing

Beth Garvey

Beth Garvey

CEO and President of BG Staffing, Inc.
Dan Hollenbach

Dan Hollenbach

CFO of BG Staffing, Inc.
Adam Tibbets

Adam Tibbets

VP of Administration
Jamie Gile

Jamie Gile

Division President, BG Multifamily
Eric Peters

Eric Peters

President of the BG Professional Divisions
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BG Staffing Office Locations

BG Staffing has offices in Plano, Addison, Atlanta, Austin and in 49 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 $286.86 m in FY, 2018
USD

Revenue (Q1, 2019)

68.8m

Gross profit (Q1, 2019)

18.4m

Gross profit margin (Q1, 2019), %

26.8%

Net income (Q1, 2019)

2.5m

EBIT (Q1, 2019)

3.6m

Market capitalization (8-Nov-2019)

214.9m

Closing stock price (8-Nov-2019)

21.0
BG Staffing's current market capitalization is $214.9 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

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

Revenue growth, %

14%26%17%7%

Cost of goods sold

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

Gross profit

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

Revenue

47.9m39.0m42.8m48.0m40.9m49.8m60.2m59.6m66.9m137.8m77.1m68.8m

Cost of goods sold

38.8m31.3m34.4m38.0m32.5m38.9m46.3m46.2m49.5m101.3m55.7m50.3m

Gross profit

9.1m7.7m8.5m10.0m8.3m10.9m13.9m13.3m17.3m36.5m21.4m18.4m

Gross profit Margin, %

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

Accounts Receivable

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

Prepaid Expenses

950.7k948.0k

Current Assets

25.2m23.3m33.3m34.4m38.0m38.6m

PP&E

523.4k667.6k1.5m1.9m2.0m2.6m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2019Q2, 2019Q3, 2018Q1, 2019

Cash

64.8k

Accounts Receivable

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

Current Assets

26.9m23.4m25.2m28.8m25.1m27.8m30.9m31.2m32.3m36.2m32.6m40.8m41.2m37.0m42.9m41.7m38.2m

PP&E

490.8k529.3k606.8k652.7k818.9k913.1k1.3m1.6m1.7m1.7m2.1m1.8m1.7m2.2m2.4m2.5m2.3m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

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

Depreciation and Amortization

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

Accounts Payable

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

Cash From Operating Activities

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

Net Income

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

Depreciation and Amortization

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

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)7.9k

Cash From Operating Activities

686.9k2.8m2.7m3.3m2.2m3.9m5.9m4.8m6.1m7.1m6.5m6.8m12.0m3.6m4.1m11.4m5.4m
USDY, 2019

Revenue/Employee

197.1k

Financial Leverage

1.6 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 Online and Social Media Presence

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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

The Key to a Successful Interview, by Kenny Glaysher at Smart Resources

Nothing serves you better in life than being prepared, and nowhere is that more true than when interviewing for a job. This month, Senior Recruiter, Kenny Glaysher, has some great interviewing tips that you’ll be glad you read. Doing your research is a must when preparing for an interview. The more …

Tips to get you ahead of other candidates

Today’s job market is ever changing, and it may seem hard to keep up with it. Here are some quick tips to connect the dots and keep you ahead of other candidates. Do your homework on the company. Has the company made recent news around the job your applying for? Bringing this up during the... Read …

Extrinsic Workday Consultant completes Electrical Manufacturing Company’s project in just two weeks

Client Challenge A large Electrical Manufacturing company in the Midwest was live on Workday and urgently needed a consultant to develop custom BIRT reports. They needed custom Merit Statements to be developed using the Workday Business Intelligence and Reporting Tools (BIRT) in a short period of ti…

Extrinsic Consultant’s experience in Workday HCM implementations streamlined processes for Financial Services Company

Client Challenge A large Financial Services company in the Southeast needed a Workday Consultant to review and update various Talent- and Performance-related business processes, including performance reviews, talent reviews, feedback, disciplinary actions, and mass operations.   Identified Resource …

Extrinsic fills Media Company’s urgent Workday HRIS need with a long-term solution

Client Challenge A Media Company in the Northeast ran into trouble when all of their Workday HRIS team left. They contacted Extrinsic with an urgent Workday Recruiting need, as they had just entered their Workday production environment.   Identified Resource Extrinsic identified a stellar Workday Co…

Five Ways to Ensure a Successful Peak Season

Planning, preparing, training and smart staffing are the keys to success to get you through an upcoming peak season. Here are 5 ways to ensure you’re not left in the dust during those busy and lucrative times. #1 Planning is Key Use data collected from the previous years plans to confirm your highes…
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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, Dan Hollenbach and Adam Tibbets.

  • How many employees does BG Staffing have?

    BG Staffing has 349 employees.

  • What is BG Staffing revenue?

    Latest BG Staffing annual revenue is $286.9 m.

  • What is BG Staffing revenue per employee?

    Latest BG Staffing revenue per employee is $822 k.

  • Who are BG Staffing competitors?

    Competitors of BG Staffing include Insperity, TrueBlue and Robert Half.

  • 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 49 other locations.

  • How many offices does BG Staffing have?

    BG Staffing has 61 offices.