secwatch.observer — SEC 8-K summary
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Issuer:     TrueBlue, Inc. (TBI)
CIK:        0000768899
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0000768899-26-000018
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TrueBlue Q1 revenue up 8% to $399M; net loss widens to $20M
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- Revenue $399M (+8% YoY); organic growth 7% excluding $4M from HSP acquisition.
- Net loss $20M ($0.66 loss per share) vs $14M loss ($0.48) prior year; includes $4M goodwill impairment.
- Adjusted net loss per share $0.41 vs $0.40; adjusted EBITDA improved to -$3M from -$4M.
- SG&A expense down 8% to $87M; liquidity $60M ($24M cash, $74M debt).
- Management cites expansion in skilled verticals; provides 2026 outlook in earnings presentation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/768899/000076889926000018/0000768899-26-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/768899/000076889926000018/tbi-20260505.htm
  HTML page:      https://secwatch.observer/filing/0000768899-26-000018

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