secwatch.observer — SEC 8-K summary
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Issuer:     TrueBlue, Inc. (TBI)
CIK:        0000768899
Form:       8-K
Filed at:   2022-04-25T23:59:59+00:00
Accession:  0000768899-22-000090
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TrueBlue Q1 revenue up 20% to $552M; GAAP EPS $0.30, adjusted $0.44
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- Revenue $552M (+20% YoY); GAAP diluted EPS $0.30 vs $0.20 YoY; adjusted diluted EPS $0.44 vs $0.25 YoY.
- All three segments (PeopleReady, PeopleScout, PeopleManagement) delivered revenue growth in Q1.
- Fourth consecutive quarter of double-digit revenue growth; operating margin expanded YoY.
- Management attributed growth to bill rate increases, worker supply improvement, and new client demand.
- Outlook for Q2 and FY2022 was provided in the earnings presentation; no specific guidance numbers disclosed in the release.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/768899/000076889922000090/0000768899-22-000090-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/768899/000076889922000090/tbi-20220425.htm
  HTML page:      https://secwatch.observer/filing/0000768899-22-000090

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer