BBSI: Gross billings up 2.6% year-over-year; gross margin to improve in 2027 after 2026 low
Gross billings rose 2.6% year-over-year, driven by strong new client additions and retention, though staffing revenues declined 18%. Gross margin is expected to bottom in 2026 and improve in 2027 as pricing actions take effect. Capital returns to shareholders exceeded $39 million in six months.Base…