TrueBlue Q2 revenue flat at $396M; net loss narrows to near $0 from $105M prior year

TrueBlue, Inc.

2025-Q2 EPS reported -$0.49 revenue$766,553,000

Revenue of $396M, flat YoY; $16M from January HSP acquisition.
Net loss of $0M vs $105M loss in prior year (prior year had $100M impairment/valuation charges).
Adjusted EBITDA improved to $3M from $1M; SG&A down 7% to $90M.
Ended Q2 with $22M cash, $54M debt, $101M total liquidity; debt reduced $4M.
CEO expects company-wide return to growth in Q3.

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