TrueBlue, Inc., together with its subsidiaries, provides specialized workforce solutions in the United States, Canada, and Puerto Rico. It operates through three segments: PeopleReady, PeopleManagement, and PeopleScout. The PeopleReady segment offers a range of contingent staffing solutions for blue-collar, on-demand, and skilled labor in construction, manufacturing and logistics, warehousing and distribution, waste and recycling, energy, retail, hospitality, general labor, and other industries. The PeopleManagement segment provides contingent labor and outsourced industrial workforce solutions. It offers on-site management and recruitment for the contingent industrial workforce of manufacturing, warehouse, and distribution facilities; and recruitment and management of contingent and dedicated commercial drivers to the transportation and distribution industries under the Staff Management, SIMOS Insourcing Solutions, and Centerline Drivers brands. The PeopleScout segment offers permanent employee recruitment process outsourcing services; and manages clients' contingent labor programs comprising vendor selection, performance management, compliance monitoring, and risk management. The company was formerly known as Labor Ready, Inc. and changed its name to TrueBlue, Inc. in December 2007. TrueBlue, Inc. was incorporated in 1985 and is headquartered in Tacoma, Washington.
IPO Year:
Exchange: NYSE
Website: trueblue.com
Date | Price Target | Rating | Analyst |
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5/22/2023 | $18.00 → $20.00 | Market Perform → Outperform | BMO Capital Markets |
5/26/2022 | $36.00 → $20.00 | Outperform → Market Perform | BMO Capital Markets |
4/11/2022 | $38.00 | Buy | Sidoti |
4 - TrueBlue, Inc. (0000768899) (Issuer)
4 - TrueBlue, Inc. (0000768899) (Issuer)
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4 - TrueBlue, Inc. (0000768899) (Issuer)
4 - TrueBlue, Inc. (0000768899) (Issuer)
4 - TrueBlue, Inc. (0000768899) (Issuer)
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4 - TrueBlue, Inc. (0000768899) (Issuer)
4 - TrueBlue, Inc. (0000768899) (Issuer)
4 - TrueBlue, Inc. (0000768899) (Issuer)
4 - TrueBlue, Inc. (0000768899) (Issuer)
4 - TrueBlue, Inc. (0000768899) (Issuer)
10-Q - TrueBlue, Inc. (0000768899) (Filer)
8-K - TrueBlue, Inc. (0000768899) (Filer)
8-K - TrueBlue, Inc. (0000768899) (Filer)
S-8 - TrueBlue, Inc. (0000768899) (Filer)
10-Q - TrueBlue, Inc. (0000768899) (Filer)
8-K - TrueBlue, Inc. (0000768899) (Filer)
EFFECT - TrueBlue, Inc. (0000768899) (Filer)
8-K - TrueBlue, Inc. (0000768899) (Filer)
S-3 - TrueBlue, Inc. (0000768899) (Filer)
10-Q - TrueBlue, Inc. (0000768899) (Filer)
TACOMA, Wash., Nov. 21, 2024 /PRNewswire/ -- TrueBlue (NYSE:TBI), a leading provider of specialized workforce solutions, is pleased to announce that President and CEO Taryn Owen and PeopleReady President Kristy Willis have been named to the Staffing Industry Analysts' (SIA) Global Power 150 Women in Staffing List. This annual list recognizes the top women leaders who have made significant contributions to the staffing sector. This is Owen's eighth consecutive year and Willis' fifth appearance as part of Global Power 150 list. "TrueBlue's leadership team is made stronger by the
TrueBlue (NYSE:TBI) today announced its third quarter results for 2024. Third Quarter 2024 Financial Highlights Revenue of $382 million compared to $473 million in the prior year period Net loss of $8 million compared to net loss of $0 million in the prior year period SG&A expense reduced by 17 percent to $100 million compared to $121 million in the prior year period Adjusted EBITDA1 of $5 million compared to $10 million in the prior year period Zero debt, cash of $15 million and $133 million of borrowing availability at period end $4 million in share repurchases with $34 million remaining under authorization Commentary "As expected, market conditions remained challenging
TACOMA, Wash., Oct. 31, 2024 /PRNewswire/ -- TrueBlue (NYSE:TBI), a leading provider of specialized workforce solutions, is pleased to announce that Centerline Drivers, a TrueBlue company and one of the nation's most experienced, reliable, and respected partners in the transportation business, has been named one of the Top Companies for Women to Work for in Transportation by the Women in Trucking (WIT) Association for the sixth consecutive year. This prestigious recognition underscores Centerline's ongoing commitment to attract and retain a diverse work environment in which women can thrive.
TACOMA, Wash., Oct. 28, 2024 /PRNewswire/ -- PeopleReady, a TrueBlue company (NYSE:TBI), has been recognized as a Leader, the highest distinction, on leading research firm Everest Group's U.S. Industrial Contingent Talent and Strategic Solutions PEAK Matrix® 2024. This marks a second consecutive year of achievement, reinforcing PeopleReady's role as a dominant force in the industrial staffing sector. "PeopleReady continues to deliver superior client value and enhanced experience, drawing upon its dedicated Skilled Trades division, the market success of its renewables program,
TrueBlue (NYSE:TBI) will release third quarter 2024 earnings results after the market close on Monday, Nov. 4, 2024. Management will discuss the results on a webcast at 2:00 p.m. PT (5:00 p.m. ET) on Monday, Nov. 4, 2024. The webcast and a presentation of financial information will be available on TrueBlue's website: www.trueblue.com. An audio replay will be available on the Company's website for a period of six months following the call. About TrueBlue TrueBlue (NYSE:TBI) is a leading provider of specialized workforce solutions that help clients achieve business growth and improve productivity. In 2023, TrueBlue served approximately 67,000 clients and connected approximately 464,000 peo
TACOMA, Wash., Sept. 30, 2024 /PRNewswire/ -- TrueBlue (NYSE:TBI), a leading provider of specialized workforce solutions, and Centerline Drivers, a TrueBlue company and one of the nation's most experienced, reliable, and respected partners in the transportation business, celebrated its fourth annual "Respect the Drive Month" to recognize the important contributions of truck drivers nationwide. The company also introduced a customer awards program to acknowledge companies that support the trucking industry. Centerline created "Respect the Drive Month" to honor the work of truck
TrueBlue (NYSE:TBI), a leading provider of specialized workforce solutions, today announced that Chief Executive Officer Taryn Owen and Chief Financial Officer Carl Schweihs will participate in a fireside chat at the Sidoti Virtual Investor Conference on Wednesday, September 18th at 3:15 PM Eastern Time. A live webcast and replay will be available through TrueBlue's Investor Relations website at investor.trueblue.com. Management will also host virtual meetings throughout the day. About TrueBlue TrueBlue (NYSE:TBI) is a leading provider of specialized workforce solutions that help clients achieve business growth and improve productivity. In 2023, TrueBlue served approximately 67,000 client
TrueBlue (NYSE:TBI) today announced its second quarter results for 2024. Second Quarter 2024 Financial Highlights Revenue of $396 million compared to $476 million in the prior year period Net loss of $105 million compared to net loss of $7 million in the prior year period Includes non-cash goodwill and intangible asset impairment charge of $45 million after tax and a related valuation allowance charge of $55 million on deferred tax assets SG&A expense reduced by 20 percent to $97 million compared to $121 million in the prior year period Adjusted EBITDA1 of $1 million and adjusted net loss of $11 million Zero debt, cash of $26 million and $132 million of borrowing avail
TrueBlue (NYSE:TBI) will release second quarter 2024 earnings results after the market close on Monday, Aug. 5, 2024. Management will discuss the results on a webcast at 2:00 p.m. PT (5:00 p.m. ET) on Monday, Aug. 5, 2024. The webcast and a presentation of financial information will be available on TrueBlue's website: www.trueblue.com. An audio replay will be available on the Company's website for a period of six months following the call. About TrueBlue TrueBlue (NYSE:TBI) is a leading provider of specialized workforce solutions that help clients achieve business growth and improve productivity. In 2023, TrueBlue served approximately 67,000 clients and connected approximately 464,0
Brand receives Leader distinction for sixth consecutive year TACOMA, Wash., June 17, 2024 /PRNewswire/ -- TrueBlue (NYSE:TBI), a leading provider of specialized workforce solutions, today announced that its global talent solutions brand, PeopleScout, has been named a global Leader in leading research firm Everest Group's 2024 Recruitment Process Outsourcing (RPO) Services PEAK Matrix® Assessment for the sixth consecutive year. "PeopleScout's steady geographic expansion and expertise in hiring for a wide variety of roles across healthcare, retail, and manufacturing industries h
TrueBlue (NYSE:TBI) today announced its third quarter results for 2024. Third Quarter 2024 Financial Highlights Revenue of $382 million compared to $473 million in the prior year period Net loss of $8 million compared to net loss of $0 million in the prior year period SG&A expense reduced by 17 percent to $100 million compared to $121 million in the prior year period Adjusted EBITDA1 of $5 million compared to $10 million in the prior year period Zero debt, cash of $15 million and $133 million of borrowing availability at period end $4 million in share repurchases with $34 million remaining under authorization Commentary "As expected, market conditions remained challenging
Caesars Entertainment, Inc. (NASDAQ:CZR) today announced the appointment of Kim Harris Jones to its Board of Directors, effective April 29, 2024, subject to required regulatory approvals and pending licensure. With a track record of strategic corporate leadership as both an executive and a board member, Harris Jones will bring a unique perspective and in-depth experience to the Caesars Entertainment Board of Directors. "Kim Harris Jones is a tremendous addition to the Caesars Entertainment leadership team," said Gary Carano, Executive Chairman of the Board, Caesars Entertainment. "With her extensive experience in finance and a reputation as a thoughtful and engaged leader inside some of t
NEW YORK, March 1, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P 100, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, March 18, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed
Strong performance in renewable energy and disciplined cost management delivered results at high end of company outlook TrueBlue (NYSE:TBI) today announced its fourth quarter and full-year results for 2023. Fourth Quarter 2023 Financial Highlights Revenue decreased 12 percent to $492 million compared to prior year period Fiscal fourth quarter consisted of 14 weeks versus 13 weeks in the fiscal fourth quarter of 2022 Revenue decreased 15 percent on a comparable 13-week basis Net loss of $3 million Adjusted EBITDA1 of $5 million and adjusted net income of $3 million Zero debt, cash of $62 million and $86 million of borrowing availability Renewal of 5-year credit fa
TrueBlue (NYSE:TBI) today announced its third quarter results for 2023. Third quarter revenue was $473 million, a decrease of 18 percent compared to revenue of $576 million in the third quarter of 2022. Net loss per diluted share was $0.00 compared to net income per diluted share of $0.63 in the third quarter of 2022. Third quarter adjusted net income1 per diluted share was $0.16 compared to adjusted net income per diluted share of $0.74 in the third quarter of 2022. "While the operating environment remains soft, we are starting to see signs of potential stabilization in the demand trends for certain parts of our business," said Taryn Owen, President and CEO of TrueBlue. "We are focused
TrueBlue (NYSE:TBI) today announced its second quarter results for 2023. Second quarter revenue was $476 million, a decrease of 16 percent compared to revenue of $569 million in the second quarter of 2022. Net loss per diluted share was $0.24 compared to net income per diluted share of $0.72 in the second quarter of 2022. Second quarter adjusted net income1 per diluted share was $0.17 compared to adjusted net income per diluted share of $0.82 in the second quarter of 2022. Included in the net loss for the second quarter is a non-cash goodwill and intangible asset impairment charge of $9 million after tax or $0.30 per diluted share. "Our results reflect an environment of softening dema
Kristy Willis named President of PeopleReady; Rick Betori named President of PeopleScout; Caroline Sabetti named Chief Marketing and Communications Officer of TrueBlue. TACOMA, Wash., April 10, 2023 /PRNewswire/ -- TrueBlue, a leading provider of specialized workforce solutions, today announced the appointment of three executive leaders. Kristy Willis has been named President of PeopleReady. With TrueBlue's PeopleReady brand since 2018, Willis has more than 20 years of experience in all aspects of the staffing industry. She most recently served as PeopleReady's Chief Sales and
Strong execution despite macroeconomic conditions TrueBlue (NYSE:TBI) today announced its fourth quarter and full-year results for 2022. Fourth quarter revenue was $558 million, a decrease of 10 percent compared to revenue of $622 million in the fourth quarter of 2021. Net income per diluted share was $0.21 compared to net income per diluted share of $0.57 in the fourth quarter of 2021. Fourth quarter adjusted net income1 per diluted share was $0.43 compared to adjusted net income per diluted share of $0.69 in the fourth quarter of 2021. Full-year revenue was $2.3 billion, an increase of 4 percent compared to revenue of $2.2 billion in 2021. Net income per diluted share was $1.86 compare
Revenue growth and segment profit margin expansion across all segments drive strong results TrueBlue (NYSE:TBI) today announced its second quarter results for 2022. Second quarter revenue was $569 million, an increase of 10 percent compared to revenue of $516 million in the second quarter of 2021. Net income per diluted share was $0.72 compared to net income per diluted share of $0.45 in the second quarter of 2021. Second quarter adjusted net income1 per diluted share was $0.82 compared to adjusted net income per diluted share of $0.47 in the second quarter of 2021. "We have a talented management team and the right strategies to position us for long-term growth," said Steve Cooper, Presi
Former TrueBlue CEO Steven C. Cooper to Become CEO TrueBlue, Inc. announced today that Patrick Beharelle has resigned as Chief Executive Officer and as a member of the Board of Directors of TrueBlue, effective June 14, 2022. Mr. Beharelle's resignation follows an investigation, led by outside counsel, into allegations regarding his conduct. Based on the investigation's findings, the Board of Directors determined that he had engaged in behaviors that violated TrueBlue's policies and Code of Conduct. Mr. Beharelle's conduct in question was not related to financial controls, financial statements, or business performance. Steven C. Cooper, current Chairman and former CEO of TrueBlue, has been
BMO Capital Markets upgraded TrueBlue from Market Perform to Outperform and set a new price target of $20.00 from $18.00 previously
BMO Capital Markets downgraded TrueBlue from Outperform to Market Perform and set a new price target of $20.00 from $36.00 previously
Sidoti resumed coverage of TrueBlue with a rating of Buy and set a new price target of $38.00
Credit Suisse reiterated coverage of TrueBlue with a rating of Neutral and set a new price target of $23.00 from $19.00 previously
Robert W. Baird upgraded TrueBlue from Neutral to Outperform and set a new price target of $29.00 from $21.00 previously
Baird upgraded TrueBlue from Neutral to Outperform and set a new price target of $29.00 from $21.00 previously
Credit Suisse reiterated coverage of TrueBlue with a rating of Neutral and set a new price target of $19.00 from $16.00 previously
Heliogen, Inc. ("Heliogen") (OTCQX:HLGN), a leading provider of AI-enabled concentrating solar energy technology, today provided its fourth quarter and full year 2023 financial and operational results and announced the appointment of its new Chief Financial Officer. Financial and Operational Highlights 2.0 gigawatts ("GW") in opportunity pipeline, an increase of nearly 1.2 GW since August 2023 Demonstrated third-party validation of the effectiveness of Heliogen's proprietary control system at Sandia National Laboratories' National Solar Thermal Test Facility, validating software's role in enhancing solar plant efficiency and interoperability, paving the way for commercialization thr
All Three TrueBlue Businesses Recognized for the Fourth Consecutive Year TACOMA, Wash., March 21, 2024 /PRNewswire/ -- TrueBlue (NYSE:TBI), a leading provider of specialized workforce solutions, today announced that its PeopleReady, PeopleScout and PeopleManagement brands have all earned the 2024 Top Workplaces USA award based on feedback from employees. This award is issued by Energage, a purpose-driven organization with a 15-year history of surveying more than 20 million employees and celebrating nationally recognized companies that prioritize a people-centered culture. "To
TACOMA, Wash., March 2, 2023 /PRNewswire/ -- TrueBlue is pleased to announce that its PeopleReady, PeopleScout and PeopleManagement brands have all been named Top Workplaces in the USA based on feedback from employees. This award celebrates nationally recognized companies that prioritize a people-centered culture and give employees a voice. Companies named to the Top Workplaces USA list are chosen based solely on results gathered through an employee survey conducted by employee engagement technology partner, Energage. The research-backed employee engagement survey captures ano
BMO Capital analyst Jeffrey Silber maintains TrueBlue (NYSE:TBI) with a Outperform and maintains $13 price target.
BMO Capital analyst Jeffrey Silber maintains TrueBlue (NYSE:TBI) with a Outperform and lowers the price target from $15 to $13.
Baird analyst Mark Marcon maintains TrueBlue (NYSE:TBI) with a Outperform and lowers the price target from $14 to $13.
-SEC Filing
TrueBlue (NYSE:TBI) reported quarterly earnings of $0.03 per share which beat the analyst consensus estimate of $(0.37) by 108.11 percent. This is a 150 percent increase over losses of $(0.06) per share from the same period last year. The company reported quarterly sales of $402.853 million which beat the analyst consensus estimate of $400.367 million by 0.62 percent. This is a 13.42 percent decrease over sales of $465.288 million the same period last year.
Gainers ACV Auctions (NASDAQ:ACVA) shares moved upwards by 22.2% to $17.11 during Wednesday's after-market session. The market value of their outstanding shares is at $2.7 billion. As per the press release, Q4 earnings came out today. Gaucho Group Holdings (NASDAQ:VINO) stock increased by 6.23% to $0.62. The market value of their outstanding shares is at $4.5 million. TrueBlue (NYSE:TBI) stock rose 5.06% to $13.06. The company's market cap stands at $406.6 million. As per the press release, Q4 earnings came out today. KULR Tech Gr (AMEX:KULR) stock increased by 4.99% to $0.15. The market value of their outstanding shares is at $19.4 million. Sidus Space (NASDAQ:SIDU) shares increased by
TrueBlue (NYSE:TBI) reported its Q4 earnings results on Wednesday, February 21, 2024 at 04:05 PM. Here's what investors need to know about the announcement. Earnings TrueBlue beat estimated earnings by 700.0%, reporting an EPS of $0.08 versus an estimate of $0.01. Revenue was down $65.52 million from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.07 which was followed by a 21.67% drop in the share price the next day. Here's a look at TrueBlue's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate 0.23 0.22 -0.11 0.38 EPS Actual 0.16 0.17 -0.06 0.43 Revenue Estimate 488.94M 496.11M 465.30M 562.93M Revenue Actual
TrueBlue (NYSE:TBI) reported quarterly earnings of $0.08 per share which beat the analyst consensus estimate of $0.01 by 700 percent. This is a 79.49 percent decrease over earnings of $0.39 per share from the same period last year. The company reported quarterly sales of $492.17 million which beat the analyst consensus estimate of $472.53 million by 4.16 percent. This is a 11.75 percent decrease over sales of $557.70 million the same period last year.
Creates national staffing platform, drives growth and expands service offerings for clientsTORONTO, Feb. 21, 2024 /CNW/ - Vertical Staffing Resources Inc. ("VSR"), a leading provider of specialized workforce solutions, today announced that it has reached a definitive agreement to acquire PeopleReady's Canadian staffing operations from TrueBlue Inc. (NYSE:TBI). Financial terms of the transaction were not disclosed.This strategic acquisition marks a major milestone for VSR, enabling it to extend its reach in the staffing industry across Canada and increase value for its clients and employees. "Significant strategic rationale underpins this acquisition, as it not only broadens our geographical
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