Welcome to our dedicated page for Trueblue news (Ticker: TBI), a resource for investors and traders seeking the latest updates and insights on Trueblue stock.
TrueBlue (NYSE: TBI) delivers workforce solutions through specialized staffing services and recruitment technology. This page serves as the definitive source for TBI news, offering investors and industry professionals timely updates on corporate developments.
Access official press releases covering earnings reports, strategic partnerships, leadership changes, and technological innovations like the AI-powered Affinix platform. Our curated collection ensures you stay informed about PeopleReady's on-demand staffing solutions, PeopleScout's recruitment outsourcing advancements, and PeopleManagement's workforce optimization strategies.
All content is verified for accuracy and relevance, providing essential insights into TBI's market position in staffing services and workforce management. Bookmark this page for streamlined access to operational updates, financial disclosures, and industry analysis related to TrueBlue's nationwide operations.
TrueBlue reported strong Q3 2021 results with revenue reaching $577 million, up 22% from $475 million in Q3 2020. Net income per diluted share more than doubled to $0.53, compared to $0.25 in the prior year. Adjusted net income per diluted share also increased to $0.59 from $0.24.
The company attributes growth to strong demand and gross margin expansion, especially in its PeopleScout and PeopleManagement segments. TrueBlue emphasizes its investment in technology as key to future growth amidst rising demand for flexible workforce solutions.
PeopleReady, a TrueBlue company (NYSE: TBI), reports a significant workforce shortage impacting holiday hiring. Between August and September, 19 million jobs were posted, with 14 million actively waiting to be filled. The labor scarcity is affecting various sectors, notably hospitality and retail, making it harder to fill traditionally easy positions. PeopleReady highlights in-demand roles this season, including delivery drivers and retail associates, and is holding nationwide hiring events to connect job seekers with opportunities through its JobStack app.
TrueBlue (NYSE: TBI) will release its third quarter 2021 earnings after the market close on October 25, 2021. Management will host a webcast to discuss the results at 2:30 p.m. PT (5:30 p.m. ET) on the same day. TrueBlue offers specialized workforce solutions connecting approximately 490,000 people with work in 2020. Its segments include PeopleReady for industrial staffing, PeopleManagement for contingent staffing, and PeopleScout for recruitment outsourcing. For more information, visit www.trueblue.com.
On October 4, 2021, PeopleScout was named a leader in Recruitment Process Outsourcing (RPO) by HRO Today's Baker's Dozen Customer Satisfaction Ratings. The company also ranked high in healthcare RPO solutions, showcasing its strong service quality and customer satisfaction. The rankings are based on buyer surveys evaluating breadth of service, deal size, and quality. PeopleScout maintains a 97% client retention rate and continues to adapt its offerings through its AI-driven platform, Affinix™, supporting clients globally.
TrueBlue has named Taryn Owen as President of its RPO brand, PeopleScout, expanding her role as President of PeopleReady. Owen, who joined TrueBlue in 2010, previously led PeopleScout through significant growth and technological advancements. This strategic move is aimed at enhancing the digital transformation of both brands while maintaining their independent operations. CEO Patrick Beharelle praised Owen's leadership, emphasizing the company's commitment to providing value and opportunities. TrueBlue (NYSE: TBI) connects clients with workforce solutions, having linked over 490,000 individuals to work in 2020.
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