Resources Connection, Inc. Form 8-K Filing

Resources Connection, Inc. (RGP) filed a Form 8-K detailing two key events. Firstly, on April 8, 2026, the company announced its financial results for the third quarter of fiscal year 2026, ending February 28, 2026. Key highlights include a revenue of $107.9 million, a gross margin of 35.7%, and an improved net loss of $9.5 million ($0.28 per diluted share). The company noted a decrease in revenue compared to the prior year quarter, attributed to reduced demand in traditional finance roles and a shift in geographic revenue mix. Secondly, RGP announced the sale of 100% of the membership interests of its subsidiary, Sitrick Group, LLC, to Sitrick, LLC. The sale price is expected to be between $1.4 million and $2.3 million, based on the realizable value of client receivables. This divestiture is part of RGP's broader strategy to simplify its business portfolio and focus on core areas. The transaction is expected to close within 45 days.