secwatch.observer — SEC 8-K summary
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Issuer:     TrueBlue, Inc. (TBI)
CIK:        0000768899
Form:       8-K
Filed at:   2025-05-05T23:59:59+00:00
Accession:  0000768899-25-000089
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/768899/000076889925000089/0000768899-25-000089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/768899/000076889925000089/tbi-20250505.htm
  HTML page:      https://secwatch.observer/filing/0000768899-25-000089

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