Trueblue Stock Price, News & Analysis

TrueBlue (NYSE:TBI) reported its Q1 2025 financial results, showing revenue of $370 million, down 8% from $403 million in Q1 2024. The company recorded a net loss of $14 million, compared to a $2 million loss in the prior year period. The quarter included $11 million of inorganic revenue from the January 31st acquisition of HSP. Key metrics include: SG&A expense reduction of 12% to $95 million, Adjusted EBITDA of -$4 million, and total liquidity of $94 million. CEO Taryn Owen noted that while market demand remained subdued, the company delivered revenue near the high-end of their outlook range. TrueBlue continues to focus on expanding in secular growth markets, particularly in healthcare with the HSP acquisition, while advancing digital transformation initiatives.

TrueBlue (NYSE: TBI) has announced the global launch of the Outthink Index through its subsidiary PeopleScout, introducing a groundbreaking employer brand benchmarking tool. The initiative addresses a critical gap in the market, where 80% of HR leaders acknowledge employer branding's impact on recruiting, yet only 8% have dedicated budgets.

The Outthink Index evaluates organizations across nine key areas, measuring elements from candidate application experience to company culture communication and digital talent engagement. The tool provides:

• Comprehensive benchmarking against industry standards
• Competitive performance insights
• Data-driven optimization strategies

Developed by PeopleScout's talent advisory experts, leveraging 30 years of global experience, the Index offers instant access to objective insights by comparing employer brands worldwide. The solution aims to help organizations make informed decisions in a challenging labor market characterized by talent shortages and evolving candidate expectations.

TrueBlue (NYSE: TBI) and OMNIA Partners have announced a strategic partnership to provide workforce solutions to private sector businesses. The collaboration aims to help companies reduce expenses while maintaining operational efficiency through optimized talent strategies.

Through this partnership, OMNIA Partners' GPO members will gain access to TrueBlue's comprehensive staffing services, including on-demand staffing, skilled trades staffing, CDL truck driver staffing, onsite workforce management, direct placement, managed service provider (MSP), and recruitment process outsourcing (RPO). The partnership leverages TrueBlue's technology platforms and industry expertise to deliver customized workforce solutions.

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

Investors and interested parties can access the webcast and accompanying financial presentation through TrueBlue's website at www.trueblue.com. An audio replay will remain available on the company's website for six months following the earnings call.

TrueBlue (NYSE: TBI) announced that its PeopleReady Skilled Trades division has been named the Official Professional Staffing and Labor Provider for Independent Electrical Contractors (IEC), a nonprofit federation representing over 4,100 member businesses with 53 educational campuses nationwide.

The strategic partnership aims to address the critical skilled labor shortage in the electrical sector by providing IEC members with immediate access to qualified workers while supporting long-term workforce development. PRST will offer tailored solutions by providing electrical professionals across all specialties, from residential and industrial electricians to linemen and apprentices.

As part of the collaboration, PRST will contribute educational content on hiring practices, trends, and staffing strategies through webinars, research studies, and conferences. The partnership reinforces IEC's commitment to training and placing the next generation of electricians in meaningful careers.

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.