ManpowerGroup: Still Being Patient On This Stock

ManpowerGroup maintains a hold rating as revenue recovery strengthens, but profitability remains under pressure, and consensus estimates appear optimistic. Q1 2026 saw credible topline improvement across France, Italy, Southern Europe, and the Manpower brand, with enterprise demand signaling early-stage recovery. Gross profit fell, gross margin missed guidance, and enterprise mix continues to weigh on margins despite cost-cutting and productivity initiatives.