---
schema_version: "secwatch.filing_event.v1"
accession: "0000768899-23-000103"
form_type: "8-K"
ticker: "TBI"
cik: "0000768899"
company_name: "TrueBlue, Inc."
filed_at: "2023-07-24T23:59:59+00:00"
generated_at: "2026-06-13T04:37:16.394862+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.72
calibrated_materiality_score: 0.72
confidence: "high"
source: SEC EDGAR
---

# TrueBlue Q2 revenue $476M (-16% YoY); posts net loss $0.24/sh vs income $0.72/sh prior year

## Summary
- Revenue $476M, down 16% from $569M in Q2 2022.
- GAAP net loss per diluted share $0.24; adjusted net income $0.17/sh vs $0.82/sh prior year.
- Non-cash goodwill & intangible impairment of $9M after tax ($0.30/sh) included in loss.
- CEO Steve Cooper: softening demand; clients focused on cost reduction and selective hiring.
- No specific numeric guidance provided; further outlook in earnings presentation.

## SEC filing metadata
- accession: 0000768899-23-000103
- form_type: 8-K
- ticker: TBI
- cik: 0000768899
- company_name: TrueBlue, Inc.
- filed_at: 2023-07-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.72
- calibrated_materiality_score: 0.72
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/768899/000076889923000103/0000768899-23-000103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/768899/000076889923000103/tbi-20230724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000768899-23-000103
- JSON: https://secwatch.observer/filing/0000768899-23-000103.json
- Plain text: https://secwatch.observer/filing/0000768899-23-000103.txt

## Key facts
- Earnings Releases
  TrueBlue, Inc. reported second quarter ended June 25, 2023 results: revenue $476 million, EPS $0.24 per diluted share.
  - Period: second quarter ended June 25, 2023
  - Revenue: $476 million
  - EPS: $0.24 per diluted share
  - Result: reported results
  source text: Second quarter revenue was $476 million, a decrease of 16 percent compared to revenue of $569 million in the second quarter of 2022. Net loss per diluted share was $0.24 compared to net income per diluted share of $0.72 in the second quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/768899/000076889923000103/0000768899-23-000103-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.