Staffing 360 Solutions, Inc. provided earnings guidance for the second quarter ending July 3, 2021. For the period, the company expects approximately 20% year-over-year growth in revenue. Revenues in excess of $52 million and operating profit of $457,000, as compared with a loss of $1.5 million in second quarter of 2020. The anticipated operating profit growth was driven by both the company’s gross profit recovery and the cost saving initiatives undertaken during the pandemic which is anticipated to show a reduction in operating expenses from $9 million in second quarter of 2020 to $8.2 million in second quarter of 2021. The company expects positive net income for the quarter ending July 3, 2021, prior to the recognition of any additional Paycheck Protection Program (PPP) loan forgiveness.