TrueBlue

TrueBlue, Inc. engages in the provision of staffing, recruitment process outsourcing and managed service provider solutions. It operates through the following segments: PeopleReady, PeopleManagement and PeopleScout. The PeopleReady segment offers staffing solutions for blue-collar, contingent on-demand and skilled labor to a broad range of industries that include retail, manufacturing, warehousing, logistics, energy, construction, hospitality and others. The PeopleManagement segment supplies contingent labor and outsourced industrial workforce solutions. The PeopleScout segment covers the provision of permanent employee recruitment process outsourcing for its customers for all major industries and jobs. The company was founded by John Ross Coghlan and Glenn Welstad in 1989 and is headquartered in Tacoma, WA.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

TrueBlue reports revenue decline in Q4 2022, focuses on digital transformation

TrueBlue navigates uncertain economic conditions with a focus on digital transformation and operational efficiency.
Revenue declines in Q4 2022 are expected to continue into Q1 2023, with challenges in PeopleScout and PeopleReady segments.
The company remains resilient, leveraging strengths in digital strategies, flexible staffing models, and maintaining client connections.
Opportunities lie in enhancing RPO business, digital strategies, and capitalizing on positive bill pay spreads in a tight labor market.

TrueBlue reports Q1 revenue decline, eyes renewables for growth

TrueBlue's Q1 2023 performance reflects revenue declines across segments but maintains a strong balance sheet and strategic focus on digitalization and renewables for growth.
Challenges include anticipated revenue declines in Q2, maintaining profitability amidst cost pressures, and sustaining growth momentum in key business segments.
Opportunities lie in the digitization strategy, renewables sector growth, strategic capital allocation, and market positioning for economic recovery and industry demand.
Overall, TrueBlue's resilience, strategic initiatives, and leadership appointments position the company to navigate challenges and capitalize on growth opportunities in evolving market dynamics.

TrueBlue reports Q2 revenue decline, focuses on growth strategies

TrueBlue faces challenges from softening demand and economic uncertainty, leading to a 16% revenue decline in Q2 2023.
Despite revenue decreases across segments, the company maintains a strong balance sheet and is focused on cost savings and growth strategies.
Opportunities lie in expanding into recession-resistant industries, maintaining pricing discipline, and optimizing margin preservation strategies.

TrueBlue reports Q3 revenue decline but sees growth opportunities ahead

TrueBlue faced revenue decline and profitability challenges but showed resilience with a 3% revenue increase compared to the same quarter last year.
Strategic focus on high-growth areas, financial stability, and ongoing improvements in digital capabilities are key strengths for the company.
Opportunities lie in rebounding free cash flow, incremental revenue in the fourth quarter, and disciplined planning for future growth and operational efficiency.

TrueBlue reports Q4 revenue decline, focuses on digital transformation

TrueBlue's Q4 2023 performance reflects revenue declines and a net loss, driven by economic uncertainties impacting hiring trends. Despite challenges, the company maintains a strong balance sheet and focuses on short-term workforce solutions and digital transformation initiatives.
Strategic priorities include simplifying the organizational structure, enhancing profitability, and expanding into high-growth markets like renewable energy and skilled trades. TrueBlue anticipates further revenue declines in Q1 2024 but aims to manage costs and improve profitability throughout the year.
Opportunities lie in revenue diversification through market expansion, digital transformation initiatives, and strategic investments. The company's financial strength, operational focus, and adaptability position TrueBlue for long-term growth and competitive advantage in evolving market conditions.

TrueBlue navigates revenue decline with agility and strategic focus

TrueBlue's Q1 performance reflected revenue decline but showcased resilience in managing through market challenges with agility and client focus.
Despite facing revenue and margin pressures in certain segments, the company's strategic priorities and strong balance sheet provide a foundation for future growth and success.
Opportunities lie in digital transformation, expansion in high-growth markets, and margin improvement, supported by a $10 million COVID-19 subsidy benefit and financial flexibility for growth.

TrueBlue reports Q2 revenue decline, focuses on digital transformation

TrueBlue faced revenue declines and a net loss in Q2 2024 due to economic uncertainties, prompting cost actions and organizational realignment.
Despite challenges, progress in digital transformation, expansion in high-growth markets, and cost optimization efforts were notable strengths.
The company aims to navigate the revenue decline in Q3 through disciplined cost management and focus on enhancing profitability strategies.

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TrueBlue (TBI) delivered earnings and revenue surprises of 15.15% and 2.45%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

TrueBlue (TBI) Beats Q3 Earnings and Revenue Estimates

TrueBlue (NYSE: TBI) releases its next round of earnings this Monday, October 28.

Q3 Earnings Outlook For TrueBlue

TrueBlue, Inc. (TBI) CEO Patrick Beharelle on Q2 2019 Results - Earnings Call Transcript

TrueBlue (TBI) delivered earnings and revenue surprises of 10.34% and -4.07%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

TrueBlue (TBI) Tops Q2 Earnings Estimates

Trueblue (NYSE: TBI) announces its next round of earnings this Monday, July 29. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement.

Q2 Earnings Outlook For Trueblue

TrueBlue (TBI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

TrueBlue (TBI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

TrueBlue, Inc. (TBI) CEO Patrick Beharelle on Q1 2019 Results - Earnings Call Transcript

News for TrueBlue Stock (TBI)