0949 ET - Staffing and outsourcing company ManpowerGroup says its 2Q outlook could worsen if current global trade policy tensions drag demand lower. On an analyst call, executives say that based on trends in 1Q and so far in April, the company is taking a cautious approach and anticipates 2Q will continue to be challenging in Europe and North America. The company has set EPS targets of 65 cents to 75 cents for the period, which "reflects demand trends we are currently experiencing." However, they say that the outlook doesn't include tariff policy-related matters that could have "additional significant dampening effect on demand for our services globally." ManpowerGroup sinks 12% in early trading. (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
April 17, 2025 09:49 ET (13:49 GMT)
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