TrueBlue Q4 revenue down 12% to $492M; net loss $3M vs prior-year profit

TrueBlue, Inc.

2023-FY EPS reported -$0.45 revenue$1,906,243,000

Revenue $492M, down 12% vs $558M; on comparable 13-week basis down 15%.
Net loss $3M ($0.08 diluted loss) vs net income $0.21 diluted in Q4 2022.
Adjusted EBITDA $5M; adjusted net income $0.08 diluted.
Full-year revenue $1.9B, down 15%; full-year net loss $0.45 diluted vs income $1.86.
Zero debt, cash $62M; new credit facility increased borrowing availability to ~$140M.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.7

TrueBlue, Inc. reported financial results for the fourth quarter ended December 31, 2023.

Period: the fourth quarter ended December 31, 2023
Result: reported results

Exact text from the filing

On February 21, 2024, TrueBlue, Inc. (the “company”) issued a press release (the “Press Release”) reporting its financial results for the fourth quarter ended December 31, 2023, and certain outlook information for the first quarter and fiscal year 2024, a copy of which is attached hereto as Exhibit 99.1 and the contents of which are incorporated herein by this reference.

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TrueBlue, Inc. filing history →

Source: SEC EDGAR

accession 0000768899-24-000041

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