---
schema_version: "secwatch.filing_event.v1"
accession: "0000768899-25-000089"
form_type: "8-K"
ticker: "TBI"
cik: "0000768899"
company_name: "TrueBlue, Inc."
filed_at: "2025-05-05T23:59:59+00:00"
generated_at: "2026-05-22T19:50:08.896768+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000768899-25-000089
- form_type: 8-K
- ticker: TBI
- cik: 0000768899
- company_name: TrueBlue, Inc.
- filed_at: 2025-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/768899/000076889925000089/0000768899-25-000089-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/768899/000076889925000089/tbi-20250505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000768899-25-000089
- JSON: https://secwatch.observer/filing/0000768899-25-000089.json
- Plain text: https://secwatch.observer/filing/0000768899-25-000089.txt

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