TrueBlue, Inc. (TBI)

TrueBlue, Inc.'s stock declined by 25.26% between October 2024 and October 2025. In May 2025, the company's Board adopted a shareholder rights agreement in response to an unsolicited acquisition proposal from HireQuest, Inc. During the first quarter of 2024, TrueBlue repurchased $10 million of its common stock.

TrueBlue's business typically experiences its highest volumes in the second half of the year. The company noted challenging market conditions in the first quarter of 2024, with revenue down 13% compared to the prior year. However, TrueBlue anticipated improved revenue and operating leverage in the second quarter of 2024, with further margin improvement expected as the year progressed.

TrueBlue, Inc. is a provider of specialized workforce solutions within the Industrials sector, specifically Staffing & Employment Services. The company connects people with work, offering workforce solutions across various sectors. It operates through PeopleReady, which provides on-demand and skilled labor; PeopleScout, which focuses on permanent employee recruitment process outsourcing; PeopleManagement, which offers contingent, on-site industrial staffing and commercial driver services; and Healthcare Staffing Professionals, which provides long-term and permanent staffing solutions for healthcare positions.

TrueBlue, Inc. has a global presence, providing specialized workforce solutions in the United States, Canada, the United Kingdom, Australia, and Puerto Rico.

TrueBlue was named to Forbes' 2025 America's Best Midsize Employers list. President and CEO Taryn Owen was recognized on Staffing Industry Analysts' (SIA) 2025 Staffing 100 North America list and SIA's Global Power 150 Women in Staffing list. Five senior leaders were named to HRO Today Magazine's HR Superstars list. PeopleReady was named a Leader in Everest Group's US Contingent Talent and Strategic Solutions PEAK Matrix® Assessment 2025 – Industrial. Staff Management | SMX received the 10-Year Diamond distinction in the ClearlyRated 2025 Best of Staffing Awards, and TrueBlue was recognized as a Top RPO Provider on HRO Today's Baker's Dozen List.

Approximately 91.75% of TrueBlue's stock is held by institutional investors as of June 2025, and individual insiders hold about 10.91% of the stock. Major institutional owners include Pzena Investment Management LLC, Royce & Associates LP, and BlackRock, Inc. The largest individual shareholder is Taryn R. Owen, who owns 1.37% of the company.