ManpowerGroup Q2 2026: $53.5M Profit, Jefferson Wells Sale, and JFTC Probe
MAN has more than doubled off its 52-week low of $25.15.
Summary
ManpowerGroup reported Q2 2026 net earnings of $53.5M, reversing a year-ago loss, aided by the sale of Jefferson Wells. The company also disclosed a JFTC investigation in Japan and a significant drop in cash reserves.
Key Events · Earnings and Guidance · MAN
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Q2 2026 Profit Recovery
Net earnings of $53.5M ($1.13/share) vs. a $67.1M loss in Q2 2025, on revenue of $4.86B (up 8%). Gross margin declined 80 bps to 16.1% due to business mix shifts.
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Jefferson Wells Sale Completed
Sold the U.S. finance and accounting business for $100M, recognizing a $30M gain. Net cash proceeds were $87.5M after adjustments.
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JFTC Investigation Disclosed
Japan Fair Trade Commission inspected offices of the Japanese subsidiary on June 2, 2026, as part of an industry probe. No potential impact has been communicated.
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Cash Reserves Decline
Cash and equivalents fell to $180.6M from $871.0M at year-end, primarily due to the redemption of €500M notes. Available liquidity stands at $930.2M.
Analysis · MAN · Trade & Services
ManpowerGroup swung to a $53.5M profit in Q2 2026 from a $67.1M loss a year ago, driven by an 8% revenue increase and a $30M gain on the sale of its Jefferson Wells U.S. business. The company also disclosed a JFTC investigation into its Japanese subsidiary, adding regulatory risk. Cash reserves fell sharply to $180.6M after repaying €500M in notes, but liquidity remains adequate with $930M in available credit. The quarter shows operational recovery, but the investigation and cash decline warrant attention.
How filings like this one have moved
In the 30 days to Sep 30, 2026, 29.6% of the 1615 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, MAN was trading at $57.36 on NYSE in the Trade & Services sector, with a market capitalization of approximately $2.6B. The 52-week trading range was $25.15 to $57.94. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.