BGSF outlines $1B-plus market opportunity and $5M buyback following Professional division sale

MSN
2025.11.07 17:02
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BGSF, Inc. reported a $96.5 million sale of its Professional division, paying off $46 million in debt and declaring a $2 per share special dividend. The company announced a $5 million stock buyback, citing confidence in its long-term strategy. Q3 Property Management revenues were $26.9 million, down 9.8% year-over-year but up 14.4% sequentially. Management expects revenue growth in 2026, driven by strategic initiatives and technology investments. Analysts maintained a neutral tone, with management expressing increased confidence following the division sale and strategic review.

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