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KELLY SERVICES REPORTS FIRST QUARTER SALES AND EARNINGS

 TROY, Mich., April 29 /PRNewswire/ -- Kelly Services, Inc. (NASDAQ: KELYA, KELYB), the nation's largest staffing support company, today announced sales and earnings for the first quarter of 1993.
 Kelly Services President and Chief Executive Officer, Terence E. Adderley, announced that sales during the first quarter of 1993 increased by 20 percent, the fourth consecutive quarter of similar growth.
 Earnings increased 10 percent. "Although earnings continue to reflect worldwide pricing pressures and faltering economies in several European countries in which we do business, we are nevertheless pleased to see steady, positive improvement in net earnings.
 "We believe 1993 can be a good year for Kelly Services, if the economy of the United States continues to improve and if business conditions in Europe do not deteriorate further," Adderley said.
 Comparative sales and earnings for the first quarters of 1993 and 1992 were:
 KELLY SERVICES, INC.
 13 Weeks Ended
 April 4, March 29,
 1993 1992
 (In 000's except
 per share data)
 Sales of services $452,619 $377,384
 Costs and expenses 441,920 367,710
 Earnings before income taxes 10,699 9,674
 Income taxes 3,820 3,465
 Net earnings 6,879 6,209
 Earnings per share 0.23 0.21
 Average number of Class A
 and B common shares
 outstanding 30,175 30,112
 -0- 4/29/93
 /CONTACT: Robert F. Stoner, Chief Financial Officer, Kelly Services, Inc., 313-244-4362/
 (KELY)


CO: Kelly Services, Inc. ST: Michigan IN: SU: ERN

JG -- DE006 -- 2527 04/29/93 10:07 EDT
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Publication:PR Newswire
Date:Apr 29, 1993
Words:247
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