---
schema_version: "secwatch.filing_event.v1"
accession: "0000768899-24-000100"
form_type: "8-K"
ticker: "TBI"
cik: "0000768899"
company_name: "TrueBlue, Inc."
filed_at: "2024-08-05T23:59:59+00:00"
generated_at: "2026-05-31T13:17:21.816633+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# TrueBlue Q2 revenue down 17% to $396M; net loss $105M due to $100M impairment and valuation allowance

## Summary
- Revenue $396M vs $476M YoY (-17%); net loss $105M vs $7M loss prior year.
- Includes $45M after-tax goodwill/intangible impairment and $55M deferred tax asset valuation allowance.
- Adjusted EBITDA $1M; adjusted net loss per diluted share $0.35 (vs adjusted net income $0.11 prior).
- Zero debt, cash $26M, $132M borrowing availability; repurchased $7M in shares during Q2.
- CEO cites client caution and economic uncertainty; digital transformation and cost actions underway.

## SEC filing metadata
- accession: 0000768899-24-000100
- form_type: 8-K
- ticker: TBI
- cik: 0000768899
- company_name: TrueBlue, Inc.
- filed_at: 2024-08-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/768899/000076889924000100/0000768899-24-000100-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/768899/000076889924000100/tbi-20240805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000768899-24-000100
- JSON: https://secwatch.observer/filing/0000768899-24-000100.json
- Plain text: https://secwatch.observer/filing/0000768899-24-000100.txt

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