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Staffing 360 Solutions Inc (STAF.OQ)

STAF.OQ on NASDAQ Stock Exchange Capital Market

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Latest Key Developments (Source: Significant Developments)

Staffing 360 Solutions reports Q3 revenue of $50.3 mln
Wednesday, 15 Nov 2017 03:00am EST 

Nov 15 (Reuters) - Staffing 360 Solutions Inc -:Staffing 360 Solutions announces financial results for fiscal third quarter 2017.Q3 revenue rose 9.6 percent to $50.3 million.Qtrly ‍adjusted EBITDA increased 24.4% to $2.0 million​.Qtrly ‍net loss of $5.4 million​, after $6.4 million of non-cash and acquisition related charges.  Full Article

Staffing 360 Solutions files for offering of up to 2.91 mln shares of common stock by the selling stockholders
Thursday, 2 Nov 2017 06:12am EDT 

Nov 2 (Reuters) - Staffing 360 Solutions Inc STAF.O:Staffing 360 Solutions Inc files for offering of up to 2.91 million shares of common stock by the selling stockholders - SEC Filing​.  Full Article

Staffing 360 Solutions Q3 revenue rose 9 pct to $50 mln
Thursday, 19 Oct 2017 02:40am EDT 

Oct 19 (Reuters) - Staffing 360 Solutions Inc ::Staffing 360 Solutions pre-announces third quarter 2017 results.Q3 revenue rose 9 percent to $50 million.Staffing 360 Solutions Inc qtrly ‍adjusted ebitda growth of 25% to $2 million​.  Full Article

STAFFING 360 SOLUTIONS ‍REAFFIRMS TARGET OF $500 MLN IN ANNUALIZED REVENUE WITHIN 2 YEARS
Tuesday, 10 Oct 2017 11:16am EDT 

Oct 10 (Reuters) - Staffing 360 Solutions Inc ::STAFFING 360 SOLUTIONS EXECUTIVE CHAIRMAN BRENDAN FLOOD UPDATED M&A PLANS AT 2017 EXECUTIVE FORUM EUROPE.‍REAFFIRMED TARGET OF GROWING TO $500 MILLION IN ANNUALIZED REVENUE, WITH A TARGET TIMELINE OF TWO YEARS.‍BRENDAN FLOOD CONFIRMED THAT RECENT CBSBUTLER AND FIRSTPRO GEORGIA ACQUISITIONS "WILL MORE THAN DOUBLE PROFITABILITY" OF CO​.  Full Article

Staffing 360 Solutions' executive chairman ‍releases letter updating co's commitment to growth with new three-year revenue goal
Wednesday, 20 Sep 2017 08:11am EDT 

Sept 20 (Reuters) - Staffing 360 Solutions Inc :Staffing 360 solutions - ‍released letter from Brendan Flood that updates co's commitment to growth with new three-year goal of $500 million in revenue​.  Full Article

Staffing 360 Solutions announces $40 mln refinancing and closes two new acquisitions
Tuesday, 19 Sep 2017 07:14am EDT 

Sept 19 (Reuters) - Staffing 360 Solutions Inc :Staffing 360 Solutions announces transformative $40 million refinancing and closes two new acquisitions.Staffing 360 Solutions Inc - ‍ renegotiated terms of existing receivable facility for $25 million revolver and accordion to $50 million​.  Full Article

Staffing 360 says co's unit entered into asset purchase agreement with Firstpro Inc, Firstpro Georgia, LLC, certain individuals
Tuesday, 19 Sep 2017 07:04am EDT 

Sept 19 (Reuters) - Staffing 360 Solutions Inc ::Staffing 360 Solutions Inc-co's unit entered into asset purchase agreement with Firstpro Inc, Firstpro Georgia, LLC, certain individuals - SEC filing.Staffing 360 Solutions Inc - ‍purchase price in connection with Firstpro transaction was $8 million.Staffing 360 -on Sept 15, co, unit entered deal with holders of share capital of CBS Butler Holdings Limited, deal with holders of options of CBS Butler​.Staffing 360- pursuant to share purchase, option purchase deal CBS Butler shareholders, option holders sold shares, options of CBS Butler to co for £13.8 million ​.  Full Article

Staffing 360 Solutions Q2 revenue falls 9.1 pct
Tuesday, 15 Aug 2017 04:30pm EDT 

Aug 15 (Reuters) - Staffing 360 Solutions Inc ::Staffing 360 Solutions announces financial results for fiscal q2 2017.Q2 revenue fell 9.1 percent to $42.1 million.Staffing 360 Solutions Inc - "expect to see even more improvements in adjusted ebitda as sales begin to accelerate throughout second half of 2017".Staffing 360 Solutions Inc qtrly ‍net loss attributable to common stock reduced to $0.6 million compared to $2.6 million in Q2 2016​.  Full Article

Staffing 360 Solutions updates on second omnibus amendment and reaffirmation agreement
Tuesday, 8 Aug 2017 08:12am EDT 

Aug 8 (Reuters) - Staffing 360 Solutions Inc :Staffing 360 Solutions - ‍ on Aug 2, Co Jackson Investment Group, co's units entered second omnibus amendment and reaffirmation agreement - sec filing.Staffing 360 Solutions-pursuant to amended deal,co agreed to sell 160,000 shares of its stock, 10% subordinated secured note to purchaser for $1.6 million.Staffing 360 Solutions - ‍ all accrued, unpaid interest on outstanding principal balance of April note shall be due and payable in full on oct 2, 2017​.  Full Article

Staffing 360 Solutions says Q2 revenue fell 7.1 percent to $42.1 million
Wednesday, 26 Jul 2017 05:14am EDT 

July 26 (Reuters) - Staffing 360 Solutions Inc - :Staffing 360 Solutions pre-announces second quarter 2017 results.Q2 revenue fell 7.1 percent to $42.1 million.Staffing 360 Solutions Inc quarterly gross profit of $7.9 million, a 0.9 percent increase over $7.8 million in Q2 2016.Staffing 360 Solutions Inc quarterly net loss attributable to common stock of $1.3 million compared to $2.4 million in Q2 2016.  Full Article