Bgsf, INC

BGSF, Inc. reported its first fiscal quarter 2026 financial results, showing flat revenues and a reduced net loss, with the completion of a transition services agreement marking a return to stand-alone operations.

BGSF, Inc. announced the permanent appointments of Keith Schroeder and Kelly Brown as Co-Chief Executive Officers, with details of Ms. Brown's employment agreement.

BGSF, Inc. stockholders approved amendments to long-term incentive and employee stock purchase plans, elected Class II directors, and ratified auditors at their annual meeting.

BGSF, Inc. reported improved third-quarter 2025 financial results for its continuing Property Management operations and announced a $5 million stock repurchase program.

BGSF, Inc. announced additional information regarding its $2.00 per share special cash dividend, including NYSE due bill trading procedures.

BGSF, Inc. announced the closing of its Professional Division divestiture for $99 million in cash, significantly reducing debt and refocusing on property management solutions.

BGSF, Inc. completed the sale of its Professional segment for $91.5 million, used proceeds to pay off all outstanding debt, and declared a $2.00 special cash dividend.

BGSF, Inc. reported a significant net loss in its second fiscal quarter, driven by declining revenues in its continuing operations and increased strategic review costs, while announcing the critical sale of its Professional segment to address debt non-compliance.

BGSF Inc. secures a waiver and amendment to its credit agreement, extending the deadline for a $2 million cash equity contribution while navigating a strategic alternatives review.

BGSF, Inc. reported a sequential revenue increase in Q3 2024, driven by a strong performance in its Property Management segment, while the Professional segment showed signs of stabilization.

BGSF Inc. experienced a decrease in revenue and a net loss for the second quarter of 2024, while also initiating a strategic alternatives review.

BGSF Inc. reported a net loss of $792,000 for the first quarter of 2024, with revenue declining to $68.8 million, and announced a strategic review process.

BGSF, Inc. reported substantial net losses from continuing operations for fiscal year 2025, alongside a strategic divestiture of its Professional segment and a special cash dividend.

BGSF Inc. reports a decrease in revenue for fiscal year 2024, alongside ongoing strategic review and credit agreement amendments.

BGSF, Inc. has amended and restated its credit agreement, securing a total of $78.25 million in financing through a combination of revolving credit and term loan facilities.

Director C. David Allen Jr. acquired 3,691 shares of BGSF, Inc. common stock on May 6, 2026.

Director Donna Carroll acquired 3,691 shares of BGSF, Inc. common stock on May 6, 2026.

Director Douglas Hailey acquired 3,691 shares of BGSF, Inc. common stock on May 6, 2026.

Director Paul Seid acquired 3,691 shares of BGSF, Inc. common stock on May 6, 2026.

Director Richard L. Baum Jr. acquired 3,691 shares of BGSF, Inc. common stock on May 6, 2026.

BGSF Director C. David Allen Jr. acquired 3,354 shares of common stock on February 4, 2026, increasing his direct beneficial ownership to 103,788 shares.

BGSF, Inc. has filed definitive additional materials related to its proxy statement with the U.S. Securities and Exchange Commission.

BGSF, Inc. announced its 2025 Annual Meeting of Stockholders to vote on director elections, auditor ratification, and amendments to increase shares for incentive and employee stock purchase plans.

BGSF, Inc. issues a proxy statement supplement addressing shareholder lawsuits and demand letters challenging the $99 million sale of its Professional Division.

BGSF, Inc. issued a proxy statement supplement for its Professional Division sale, addressing shareholder lawsuits and disclosing additional details regarding the transaction and financial advisor's potential conflicts.

BGSF, Inc. is seeking stockholder approval for the sale of its Professional Division, including BG Finance and Accounting, Inc. and BGSF Professional, LLC, to INSPYR Solutions Intermediate, LLC for $99 million in cash, aiming to eliminate debt and invest in its remaining Property Management segment.

BGSF, Inc. has entered into a definitive agreement to divest its Professional Division to INSPYR Solutions, aiming to sharpen its focus on the Property Management Division and enable growth for the Professional Division.

Poplar Point Capital Management and its affiliates have reported a 5.29% passive ownership stake in BGSF, Inc. common stock.

Tieton Capital Management, LLC has reported a 5.7% beneficial ownership stake in BGSF, Inc., holding 623,250 shares of common stock as of December 31, 2024.