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TrueBlue, Inc. provides specialized workforce solutions that connect employers with contingent labor, on-demand staffing, workforce management and recruiting services. Its operating brands include PeopleReady, PeopleScout, Staff Management | SMX, Centerline, SIMOS and Healthcare Staffing Professionals, with activity across light industrial, skilled labor, commercial driver, healthcare staffing and talent acquisition markets.
TrueBlue news commonly covers quarterly earnings, demand trends in staffing markets, organic growth, cost discipline, liquidity and credit capacity, and performance in skilled verticals. Company updates also include leadership appointments within operating businesses, investor conference participation, governance matters, shareholder engagement and developments tied to board refreshment or proxy-related activity.
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TrueBlue announced that three of its executives have been recognized in Staffing Industry Analysts' Global Power 150 Women in Staffing list. Taryn Owen, Jill Quinn, and Loree Lynch have been acknowledged for their leadership in the staffing industry. Owen, president of PeopleReady, has driven digital transformation with the JobStack platform. Quinn, president of Centerline Drivers, emphasizes driver safety and employee culture. Lynch, SVP of Staff Management | SMX, has pioneered on-site staffing. TrueBlue highlights the importance of diversity and inclusion within the organization.
TrueBlue has announced three of its leaders have been recognized in Staffing Industry Analysts’ Global Power 150 Women in Staffing list for 2020. This is the sixth iteration of the list that honors influential women in the staffing industry. The executives celebrated include Taryn Owen, Jill Quinn, and Loree Lynch, all noted for their contributions and leadership roles in the company. TrueBlue is committed to promoting diversity, equity, and inclusion in its workforce, which is exemplified by its strong female leadership and initiatives to create a positive employee culture.
Taryn Owen, president of PeopleReady, a TrueBlue company, won a gold award in the Women of Year, Business Services category at the 12th Annual Golden Bridge Business and Innovation Awards. Recognized for her leadership in digital transformation through the JobStack platform, she has helped connect nearly 300,000 workers to jobs annually, filling a job every 9 seconds. This award highlights PeopleReady's commitment to innovation and its significant impact in a challenging employment climate.
TrueBlue (NYSE:TBI) reported third quarter 2020 revenue of $475 million, a 25% decline from $637 million in Q3 2019. However, net income per diluted share improved to $0.25, up from a loss of $0.23 in Q2 2020. Adjusted net income per diluted share was $0.24 compared to a loss of $0.12 in Q2 2020 and $0.76 in Q3 2019. The company highlighted cost management success and noted ongoing enhancements to its PeopleReady JobStack app aimed at driving growth. Additionally, TrueBlue's financial position remains strong, with a significant credit facility and reduced debt levels.
TrueBlue (NYSE: TBI) announced that it will release its third quarter 2020 earnings results on October 26, 2020, after market close. A live webcast discussing the results will take place at 2 p.m. PDT (5 p.m. EDT) on the same day. TrueBlue specializes in workforce solutions, connecting approximately 724,000 individuals with employment in 2019. Their segments include PeopleReady for on-demand staffing, PeopleManagement for contingent staffing, and PeopleScout for recruitment outsourcing. More details are available on their website.
PeopleReady highlights the growing importance of holiday jobs amid high unemployment and economic uncertainty. A recent analysis of job postings indicates an increased demand for e-commerce-related temporary positions, particularly in packing, shipping, and production. The firm identifies the most sought-after roles this season as warehouse associates, customer service representatives, production workers, stockers, and retail workers. To aid job seekers, PeopleReady is launching a nationwide holiday hiring rush event.