Trueblue Stock Price, News & Analysis

TrueBlue's (NYSE: TBI) PeopleScout division has achieved a significant milestone by being named a Leader in all six categories of NelsonHall's 2025 NEAT Vendor Evaluation for Recruitment Process Outsourcing (RPO). This marks their seventh consecutive leadership recognition.

The evaluation highlighted PeopleScout's key strengths, including their AI-powered Affinix® platform that incorporates predictive analytics and machine learning, their business transformation strategy featuring Amplifiers™ and Accelerate™ solutions, and their comprehensive RPO and talent solutions offerings.

According to NelsonHall's Principal HR Analyst Jeanine Crane-Thompson, PeopleScout's positioning reflects their commitment to helping clients achieve workforce goals through sustainable talent programs combining market intelligence, creativity, and technology.

TrueBlue (NYSE: TBI) has received multiple prestigious recognitions for its workplace culture and industry leadership in 2025. The company earned a spot on Forbes' 2025 America's Best Midsize Employers list, highlighting its success in creating an environment where employees thrive and innovate.

CEO Taryn Owen was named to SIA's 2025 Staffing 100 North America list for the ninth consecutive year, recognizing her leadership in driving growth through the next-generation JobStack app, healthcare market expansion, and operational excellence initiatives. Additionally, five TrueBlue senior leaders were named to HRO Today Magazine's HR Superstars list, including Owen, CFO Carl Schweihs, and the presidents of PeopleScout, PeopleReady, and PeopleManagement.

TrueBlue (NYSE: TBI) has been named one of the 2025 World's Most Ethical Companies® by Ethisphere, highlighting its excellence in ethical business practices, compliance, and governance. The recognition spans across 19 countries and 44 industries, with honorees outperforming a comparable global companies index by 7.8 percentage points from January 2020 to January 2025.

The assessment process involved 240+ proof points evaluating various aspects including ethics and compliance, governance, cultural ethics, environmental and social impact, and value chain initiatives. The evaluation utilized Ethisphere's proprietary Ethics Quotient® methodology, followed by expert panel review.

TrueBlue's President and CEO Taryn Owen emphasized that ethical business practices serve as competitive differentiators, strengthening relationships with customers, employees, and communities while creating measurable value for stakeholders.

TrueBlue (NYSE: TBI) announced the expansion of its PeopleScout division's Amplifiers™ modular recruitment suite with new consulting solutions. The enhancement aims to help employers optimize their talent acquisition strategy and improve business outcomes.

The expanded suite introduces three key consulting solutions:

• Technology Diagnostic: Optimizes talent tech investments through AI-driven insights and analytics
• Organizational Culture and EVP Diagnostic: Focuses on strengthening company culture and employer brand
• Project Management: Ensures efficient execution of internal projects and vendor management

These solutions can be integrated with existing RPO engagements or implemented independently, leveraging PeopleScout's 30+ years of expertise to address current talent acquisition challenges including engaging hard-to-reach talent and implementing technology-driven hiring solutions.

TrueBlue (NYSE:TBI) reported its Q4 and full-year 2024 results, showing a revenue decline to $386 million in Q4 (down 16% on a comparable 13-week basis) and $1.6 billion for the full year (down 17% on a comparable 52-week basis). The company recorded a Q4 net loss of $12 million, compared to a $3 million loss in the prior year period.

Despite challenging market conditions, TrueBlue achieved an improvement in SG&A expenses, which decreased 18% to $107 million, and increased Adjusted EBITDA to $9 million from $5 million year-over-year. The company ended the period with $23 million in cash, $8 million in debt, and $119 million in borrowing availability.

Notably, TrueBlue acquired Healthcare Staffing Professionals, Inc. (HSP) for $42 million effective January 31, 2025, expanding its presence in the healthcare staffing sector.

TrueBlue (NYSE: TBI) announced significant recognition for its brands in the ClearlyRated 2025 Best of Staffing Awards. Staff Management | SMX received the prestigious 10-Year Diamond distinction, marking a decade of consistent service excellence. Additionally, SIMOS Solutions and Centerline Drivers secured awards for the fourth consecutive year, specifically for their dedication to client satisfaction.

These awards, exclusive to the U.S. and Canada, are based entirely on ratings from clients, placed talent, and internal employees, representing superior service quality in the staffing industry. TrueBlue's President and CEO, Taryn Owen, emphasized that these recognitions reflect the company's commitment to delivering high-quality customer service and helping clients address their workforce challenges.

TMP Worldwide UK, the UK's largest recruitment marketing agency, has been selected as a delivery partner by Serco to provide employer brand and candidate attraction services for the UK Armed Forces. The contract, awarded by the UK Ministry of Defence, will run for seven years with potential three one-year extensions.

The comprehensive service will cover the Royal Navy, British Army, Royal Air Force, and Strategic Command, encompassing candidate attraction, assessment, enlistment, and onboarding into initial training. The project includes a 21-month mobilisation period starting in Q2 2025, with full service launch in early 2027.

TrueBlue (NYSE: TBI) has announced it will release its fourth quarter and full-year 2024 earnings results after market close on Wednesday, February 19, 2025. The company will host a webcast at 2:00 p.m. PT (5:00 p.m. ET) on the same day to discuss the results.

The webcast will include a presentation of financial information and will be accessible through TrueBlue's website. An audio replay will remain available on the company's website for six months following the call.

TrueBlue Inc. (NYSE: TBI) has announced the acquisition of Healthcare Staffing Professionals, Inc. (HSP), a healthcare staffing solutions provider specializing in nursing, allied health, behavioral health, and various research, IT and administrative roles. HSP operates across multiple states including California, Texas, North Carolina, Michigan and Pennsylvania, primarily serving state and local government entities.

The acquisition aligns with TrueBlue's strategic priority to expand in high-growth markets, particularly targeting the healthcare sector driven by an aging population. HSP will continue operating under its current brand within TrueBlue. While specific transaction terms weren't disclosed, TrueBlue's CFO indicated the company took on modest debt with favorable terms to complete the acquisition at an attractive multiple.

The merger aims to combine HSP's healthcare staffing expertise and client roster with TrueBlue's extensive footprint, technology, and recruitment capabilities to drive market expansion and revenue opportunities.