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, TX, US
Websitebgstaffing.com
Employee Ratings4.2
Overall CultureD+

Latest Updates

Employees (est.) (Feb 2019)349
Revenue (FY, 2020)$277.9 M(-5%)
Share Price (Jul 2021)$12
Cybersecurity ratingBMore

Key People/Management at BG Staffing

Beth Garvey

Beth Garvey

CEO and President, Director
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
Emily Burroughs

Emily Burroughs

Vice President of Marketing
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BG Staffing Office Locations

BG Staffing has offices in Plano, Addison, Atlanta, Austin and in 43 other locations
Plano, TX, US (HQ)
5850 Granite Pkwy #730
Addison, TX, US
15455 Dallas Pkwy #600
Atlanta, GA, US
3355 Lenox Rd NE #750
Austin, TX, US
7718 Wood Hollow Dr #150
Bala Cynwyd, PA, US
2 Bala Plaza #300
Bloomington, MN, 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 $277.89 m in FY, 2020
USD

Revenue (Q1, 2021)

67.7m

Gross profit (Q1, 2021)

18.8m

Gross profit margin (Q1, 2021), %

27.8%

Net income (Q1, 2021)

711.8k

EBIT (Q1, 2021)

1.2m

Market capitalization (28-Jul-2021)

124.0m

Closing stock price (28-Jul-2021)

12.0

EV

168.7m
BG Staffing's current market capitalization is $124 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

151.7m172.8m217.5m253.9m272.6m286.9m294.3m277.9m

Revenue growth, %

14%26%17%7%

Cost of goods sold

122.6m138.3m169.6m193.8m204.2m210.3m213.6m201.7m

Gross profit

29.1m34.5m47.9m60.1m68.4m76.6m80.7m76.2m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q1, 2019Q2, 2019Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

47.9m39.0m42.8m48.0m40.9m49.8m60.2m59.6m66.9m137.8m77.1m68.8m73.9m79.4m74.1m62.6m71.5m67.7m

Cost of goods sold

38.8m31.3m34.4m38.0m32.5m38.9m46.3m46.2m49.5m101.3m53.8m45.7m51.8m48.9m

Gross profit

9.1m7.7m8.5m10.0m8.3m10.9m13.9m13.3m17.3m36.5m20.3m16.9m19.7m18.8m

Gross profit Margin, %

19%20%20%21%20%22%23%22%26%26%27%27%28%28%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

Accounts Receivable

23.3m22.0m32.3m33.3m36.7m37.6m39.4m41.5m

Prepaid Expenses

950.7k948.0k984.2k1.2m2.2m

Current Assets

25.2m23.3m33.3m34.4m38.0m38.6m40.7m43.6m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2019Q2, 2019Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

64.8k

Accounts Receivable

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

Prepaid Expenses

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

Current Assets

26.9m23.4m25.2m28.8m25.1m27.8m30.9m31.2m32.3m36.2m32.6m40.8m41.2m37.0m42.9m41.7m38.2m40.1m42.1m45.6m40.1m42.8m45.6m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

8.3m(428.9k)5.3m6.9m5.8m17.5m13.2m1.4m

Depreciation and Amortization

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

Accounts Payable

(313.1k)(818.6k)185.3k(620.5k)(556.0k)(1.8m)675.8k(279.3k)

Cash From Operating Activities

2.3m5.7m11.8m9.5m18.1m18.4m18.0m22.3m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2019Q2, 2019Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

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)711.8k

Depreciation and Amortization

3.4m1.3m2.5m3.6m1.1m2.4m3.7m1.8m3.5m5.2m1.4m3.2m4.7m1.3m2.6m3.8m1.2m2.4m3.6m1.4m2.9m4.1m859.7k

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)16.3k

Cash From Operating Activities

686.9k2.8m2.7m3.3m2.2m3.9m5.9m4.8m6.1m7.1m6.5m6.8m12.0m3.6m4.1m11.4m5.4m9.2m14.0m6.6m15.1m18.3m1.9m
USDQ3, 2013

Debt/Assets

0.2 x
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BG Staffing Operating Metrics

FY, 2014FY, 2015FY, 2016

Branches

323652
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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

87/100

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

    D+

    64/100

  • CEO Rating

    F

    43/100

  • Compensation

    B+

    79/100

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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

🦖T-riffic Dad Advice!

WARNING: this post contains Dad Jokes. Click away if you are uncomfortable with dads laughing at their own jokes, bad puns, and facepalm reactions from their kids. Just like facial hair, these jokes and advice may grow on you. 🧔 With Father’s Day approaching, we asked our teams to share their fathe…

Juneteenth: Let’s Celebrate, Liberate, and Educate

Last year, BGSF celebrated Juneteenth and we are happy to announce that we will continue to recognize Juneteenth by taking a half-day on June 18th to self-reflect and engage, to learn and share, and most of all, to act. We will be closing at noon, your local time. We hope that this time will be […] …

Nail Your Interview: Tips for Young Professionals

Whether you’ve been in the workforce for years, are trying to get back in, or are just starting out in your career, these few simple tips can help you overcome any nerves you may have and prepare you to nail that upcoming interview! Resources Many of the tips below rely on resources that not everyon…

Pet Separation Anxiety Solutions: Best Tips for Your Return to Office

As offices begin to reopen, and some of you begin to make trips back into the office for the first time, your furry loved ones may have a hard time readjusting.  So, we put together some tips to help make the transition back to the workplace full-time, part-time, hybrid, or even just sometimes a lit…

Best Way to Practice Outreach with Your Clients

We recently celebrated Customer Appreciation Day, which made us consider, “How do our customers prefer we connect?” We posted a poll on LinkedIn to gain valuable feedback on our follower’s thoughts, asking the question: What is the BEST way to practice outreach with your clients? The response option…

Hiring in the Remote Environment

The post Hiring in the Remote Environment appeared first on BGSF.
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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 $277.9 m.

  • What is BG Staffing revenue per employee?

    Latest BG Staffing revenue per employee is $796.2 k.

  • Who are BG Staffing competitors?

    Competitors of BG Staffing include Mondo, TargetCW and Insperity.

  • 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.