TrueBlue Q1 revenue $370M (-8% YoY), net loss widens to $14M from $2M

TrueBlue, Inc.

2025-Q1 EPS reported -$0.48 revenue$370,254,000

Revenue $370M (-8% YoY); net loss $14M ($0.48 loss per diluted share).
Adjusted EBITDA -$4M (vs -$3M); adjusted net loss per diluted share $0.40 (vs +$0.03).
SG&A expense improved 12% to $95M from $107M.
Cash $23M, debt $58M, liquidity $94M; $11M inorganic revenue from HSP acquisition.
CEO cites subdued demand, governmental policies suppressing staffing industry.

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