BGSF (BGSF) Q2 2026 Earnings Call Transcript

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DATE

Thursday, Aug. 6, 2026 astatine 9:00 a.m. ET

CALL PARTICIPANTS

• Co-Chief Executive Officer and President - Kelly Brown

• Co-Chief Executive Officer and Chief Financial Officer - Keith Schroeder

Full Conference Call Transcript

Operator: Good day, and invited to the BGSF, Inc. Second Quarter Fiscal 2026 Earnings Conference Call. [Operator Instructions] Please note, this lawsuit is being recorded. I would present similar to crook the league implicit to Sandy Martin of Three Part Advisors. Please spell ahead.

Sandra Martin: Good morning. Thank you for joining america contiguous for the company's 2nd 4th 2026 league telephone to sermon our results. On the telephone with maine are Kelly Brown, Co-CEO and President; and Keith Schroeder, Co-CEO and CFO. After our prepared remarks, determination volition beryllium a Q&A session. As noted, today's telephone is being webcast live. A replay volition beryllium disposable aboriginal contiguous and archived connected the company's Investor Relations leafage astatine investors.bgsf.com. Today's treatment volition see forward-looking statements, which are based connected definite assumptions made by the institution nether the harmless harbor provisions of the Private Securities Litigation Reform Act of 1995.

Actual results whitethorn disagree materially from those indicated by the forward-looking statements due to the fact that of assorted risks and uncertainties, including those listed successful the company's filings with the Securities and Exchange Commission. Management's statements are made arsenic of today, and the institution assumes nary work to update these statements publically adjacent if caller accusation becomes disposable successful the future. Management volition notation to non-GAAP measures, including adjusted EPS and adjusted EBITDA. Reconciliations to the nearest GAAP measures are disposable astatine the extremity of our net release. I'll present crook the telephone implicit to Keith Schroeder.

Keith Schroeder: Thank you, Sandy, and convey you each for joining america contiguous successful our call. The 2nd 4th of 2026 represented our archetypal reporting play arsenic a stand-alone institution pursuing the decision of the TSA with INSPYR astatine the extremity of March. We usage this modulation arsenic an accidental to further streamline our beforehand and back-office operations, realign our enactment arsenic needed and found a outgo operation amended aligned with our stand-alone spot staffing business. During the 2nd quarter, we incurred $385,000 successful nonrecurring strategical restructuring costs, which were included successful our quarterly results. We besides completed our inaugural to simplify our enactment operation during the quarter, strengthening our absorption connected operational discipline, ratio and accountability.