Business UpdateJul 24, 2026, 03:06 PM
RGP Divests Sitrick Business; Focuses on Core Professional Services
AI Summary
Resources Connection, Inc. (RGP) filed its 10-K, detailing its global professional services business. The company announced the divestment of its Sitrick crisis communications and public relations firm on May 2, 2026, eliminating the "All Other" segment. RGP focuses on On-Demand Talent, Consulting, and Outsourced Services, serving over 1,500 clients with approximately 3,000 professionals worldwide, including 90% of the Fortune 100. The report outlines strategic priorities for organic growth, client penetration, and optimizing service offerings with digital and AI capabilities.
Key Highlights
- Divested Sitrick crisis communications and public relations firm on May 2, 2026.
- Serves over 1,500 clients globally with approximately 3,000 professionals.
- 90% of Fortune 100 companies were clients as of May 2026.
- Achieved an 83% retention rate for its top 100 clients over the last five fiscal years.
- Top 10 clients accounted for approximately 23% of fiscal 2026 revenue.
- Acquired Reference Point in July 2024 to expand financial services offerings.
- Total employees were 3,006 as of May 30, 2026, including 2,415 consultants.
Price Impact
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