secwatch.observer — SEC 8-K summary
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Issuer:     TrueBlue, Inc. (TBI)
CIK:        0000768899
Form:       8-K
Filed at:   2024-11-04T23:59:59+00:00
Accession:  0000768899-24-000119
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/768899/000076889924000119/0000768899-24-000119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/768899/000076889924000119/tbi-20241104.htm
  HTML page:      https://secwatch.observer/filing/0000768899-24-000119

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