secwatch.observer — SEC 8-K summary
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Issuer:     TrueBlue, Inc. (TBI)
CIK:        0000768899
Form:       8-K
Filed at:   2023-07-24T23:59:59+00:00
Accession:  0000768899-23-000103
Event type: earnings
Sentiment:  negative
Materiality: 0.72
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/768899/000076889923000103/0000768899-23-000103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/768899/000076889923000103/tbi-20230724.htm
  HTML page:      https://secwatch.observer/filing/0000768899-23-000103

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