TrueBlue, Inc. (TBI)

TrueBlue's Q2 2025 revenue decreased by 17% due to economic uncertainty, but the Q2 loss improved by 80%. Q3 2025 revenue increased by 13%, with EPS exceeding analyst estimates. An investor, EHS Investments, nominated new directors, raising concerns about performance and a lawsuit, leading TrueBlue to appoint two new independent directors. The share price declined by 31.55% from February 2025 to January 2026 and has underperformed the US Professional Services industry and the US Market over the past year.

TrueBlue's on-demand business typically experiences seasonal sequential builds, but this pattern was not observed in Q2 2025. The company's services cater to industries like retail and e-commerce, which often experience peak seasons, suggesting a seasonal fluctuation in demand for flexible staffing.

TrueBlue, Inc. is a leading provider of specialized workforce solutions within the Industrials sector and Business Services industry, focusing on Professional Employer Organizations. The company connects people with work through flexible staffing, workforce management, and recruitment solutions, powered by digitally-enabled platforms. TrueBlue operates through PeopleReady, providing on-demand labor; PeopleScout, offering recruitment process outsourcing; PeopleManagement, focusing on contingent staffing; and Healthcare Staffing Professionals (HSP), providing healthcare staffing solutions.

TrueBlue, Inc. provides specialized workforce solutions in the United States, Canada, the United Kingdom, Australia, and Puerto Rico. PeopleReady operates across all 50 states in the U.S.

TrueBlue's Staff Management | SMX, SIMOS Solutions, and Centerline Drivers brands received ClearlyRated's Best of Staffing 2026 awards for customer service. However, EHS Investments raised concerns about TrueBlue's operational performance and management, including a lawsuit regarding its Jobstack initiative.

TrueBlue's ownership is distributed among institutional investors (48.10%), insiders (4.76%), and public companies and individual investors (47.14%). Major institutional owners include Pzena Investment Management LLC, Royce & Associates LP, and BlackRock, Inc.