Trueblue Stock Price, News & Analysis

TrueBlue (NYSE:TBI) has released its 2025 Temporary Workforce Report through its PeopleReady brand, based on a survey of over 8,000 temporary workers. The research reveals three key trends in the temporary workforce: the dominance of mobile-first technology, the desire for flexibility with stability, and the importance of trust and local support.

Key findings show that 83% of workers prefer staffing companies with mobile apps, while 80% value local branch presence. Notably, 90% of Baby Boomers prioritize fast pay, and for three out of four generations, temporary work serves as primary income rather than supplemental earnings. The study also found that 65% of Gen Z workers prefer multiple shifts at the same location, indicating a desire for stability alongside flexibility.

TrueBlue's (NYSE:TBI) subsidiary Centerline Drivers is marking its 50th anniversary with the return of Respect the Drive™ month, celebrating commercial drivers nationwide. The company, established in 1975, is addressing the critical driver shortage projected to reach 115,000 drivers by end of 2025 according to ATA.

The celebration includes driver appreciation events, customer awards, and the Drive It Forward Scholarship offering full tuition up to $7,500 for women entering CDL programs. Centerline continues to provide workforce solutions to Fortune 1000 and mid-sized companies while promoting driver recognition and industry diversity.

TrueBlue (NYSE: TBI) has released a comprehensive employer brand study through its PeopleScout division, analyzing over 230 U.S. companies and 500 job seekers. The research, powered by the proprietary Outthink Index, reveals significant gaps in candidate experience and employer brand delivery.

Key findings show that 91% of job seekers apply via mobile devices, with 30% using mobile exclusively. The study also found that 47% of candidates report inadequate employee-featured content, while 38% say job postings fail to clearly communicate company values. Notably, 29% of VP and executive-level candidates are now using generative AI tools in their job search.

TrueBlue (NYSE:TBI) and its PeopleReady Skilled Trades division have released an analysis of over 700,000 construction trade job postings, highlighting significant opportunities in the skilled trades sector. The study reveals that June 2025 saw peak job postings, with median wages of $56,200 compared to the national median of $49,500.

Key findings show top roles in demand include electricians, construction laborers, plumbers, carpenters, and HVAC technicians. The top hiring states are Texas, Florida, California, North Carolina, and Pennsylvania. The analysis highlights a significant age gap in the industry, with 40% of workers over 45 and only 12% aged 19-24.

To address the labor shortage, PeopleReady Skilled Trades offers solutions including rapid deployment of verified workers, strategic hiring pipelines, and career pathway programs like WorkUp and Respect the Craft™.

TrueBlue (NYSE:TBI) reported Q2 2025 financial results with revenue holding steady at $396 million year-over-year, including $16 million contribution from the January HSP acquisition. The company narrowed its net loss to nearly breakeven from a $105 million loss in the prior year period, which had included $100 million in non-cash impairment and tax charges.

Key highlights include SG&A expense reduction of 7% to $90 million and improved Adjusted EBITDA of $3 million, up from $1 million year-over-year. The company maintained strong liquidity of $101 million, comprising $22 million in cash and $79 million in borrowing availability, while reducing debt by $4 million and increasing working capital by $14 million during the quarter.

Management reported double-digit growth in skilled businesses and expects company-wide growth to resume in Q3 2025, focusing on market expansion in healthcare and energy sectors while investing in proprietary technologies.

TrueBlue (NYSE: TBI) announced that its staffing brand PeopleReady has been recognized as a Leader in Everest Group's US Contingent Talent and Strategic Solutions PEAK Matrix® Assessment 2025 for Industrial staffing.

The assessment highlighted PeopleReady's strengths in high-demand sectors including construction, energy, hospitality, and event support. The company's digital staffing platform JobStack received recognition for its high adoption rates in industrial shift-based work. Additionally, PeopleReady's WorkUp program offers certification and apprenticeship opportunities for skilled trades.

The company has expanded its US presence through increased sales personnel and restructured branch operations into territory-based teams to enhance client service quality.

TrueBlue (NYSE: TBI) has scheduled its second quarter 2025 earnings release for Monday, August 4, 2025, after market close. The company will host a webcast to discuss the results at 2:00 PM PT (5:00 PM ET) on the same day.

Investors can access the webcast and financial presentation materials on TrueBlue's website. An audio replay will remain available on the company's website for six months following the earnings call.

TrueBlue (NYSE: TBI) announced that its subsidiary PeopleScout has been named a Leader in Everest Group's Recruitment Process Outsourcing (RPO) Services PEAK Matrix® Assessment 2025. The recognition highlights PeopleScout's expertise in providing specialized workforce solutions across industries like healthcare, retail, and manufacturing.

The assessment emphasized PeopleScout's key strengths, including its Affinix® technology platform with advanced AI capabilities, modular RPO solutions through Amplifiers™, and rapid-deployment services via Accelerate™. The company's ability to deliver scalable talent solutions and its strong presence in key geographies with established offshore and onshore capabilities were also highlighted.

TrueBlue's PeopleScout division has achieved significant recognition in the 2025 HRO Today MSP Baker's Dozen Customer Satisfaction Ratings, securing top-five positions across all categories. The company ranked #1 in both Breadth of Service and Size of Deal categories, and #4 overall. PeopleScout's MSP solutions, enhanced by their proprietary Affinix technology platform, provide comprehensive contingent workforce management from requisition to invoicing. The Affinix platform offers real-time analytics, AI-powered capabilities, and integrates with any Vendor Management System. This marks PeopleScout's continued presence on the Baker's Dozen list since 2010, demonstrating consistent excellence in delivering specialized workforce solutions.