TrueBlue Q3 revenue $382M down 19% YoY, net loss $8M vs $0M prior year

TrueBlue, Inc.

2024-Q3 EPS reported -$3.75 revenue$1,181,440,000

Revenue $382M, down 19% from $473M YoY; net loss $8M vs net loss $0M prior year.
Diluted EPS loss $0.26; adjusted EPS loss $0.11 vs adjusted income $0.16 prior year.
SG&A reduced 17% to $100M; adjusted EBITDA $5M vs $10M prior year.
Zero debt, $15M cash, $133M borrowing availability; $4M share repurchases in quarter.
CEO cites challenging labor market; advancing digital transformation and organizational simplification.

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