Welcome to our dedicated page for Trueblue news (Ticker: TBI), a resource for investors and traders seeking the latest updates and insights on Trueblue stock.
TrueBlue, Inc. (NYSE: TBI) is a provider of specialized workforce solutions whose news flow reflects both its operational performance and its focus on technology-enabled staffing. As a human resources consulting and staffing company, TrueBlue issues regular updates on financial results, strategic initiatives, board composition, and developments across its brands, including PeopleReady, PeopleScout, Staff Management | SMX, Centerline, SIMOS, and Healthcare Staffing Professionals.
News about TrueBlue often includes quarterly earnings announcements, where the company reports revenue by segment—PeopleReady, PeopleManagement, and PeopleSolutions—along with metrics such as segment profit and Adjusted EBITDA. These releases provide insight into trends in industrial staffing, on-site workforce management, and recruitment process outsourcing, as well as the performance of acquired operations like Healthcare Staffing Professionals.
Another major theme in TrueBlue’s news is its digital transformation. The company highlights enhancements to its JobStack staffing app, including an AI-enabled bill rate feature that delivers personalized, data-driven bill rates, and ReadyMatch™ technology that evaluates data on worker experience, availability, and reliability to identify best-fit workers. Awards coverage, such as Globee Awards recognition for JobStack as Business Product of the Year, underscores TrueBlue’s emphasis on proprietary, digitally enabled platforms.
Corporate governance and shareholder engagement also feature prominently. Recent press releases and related SEC filings describe the appointment of new independent directors, board refreshment efforts, and responses to communications from significant shareholders such as EHS Management, LLC, which has announced its intent to nominate director candidates. These items provide context on strategic direction, oversight, and capital allocation debates.
Brand-level news spans topics such as leadership changes at PeopleReady, recognition of Centerline as a Top Company for Women to Work in Transportation, and initiatives aimed at advancing careers in trucking and other sectors. Investors and observers who follow TBI news can track how TrueBlue’s strategy, technology investments, and governance evolve over time and how these factors relate to its role in connecting people and work.
TrueBlue announced that three of its leaders were recognized in the Staffing Industry Analysts' Global Power 150 Women in Staffing List for 2021. The honorees include Taryn Owen, president and COO of PeopleReady and PeopleScout; Jill Quinn, executive leader of Centerline Drivers and PeopleReady Skilled Trades; and Hope Field, vice president of sales for Staff Management | SMX. This acknowledgment highlights their contributions to the staffing industry and TrueBlue's commitment to diversity and inclusion in workforce solutions.
TrueBlue (NYSE:TBI) has announced that CEO Patrick Beharelle and CFO Derrek Gafford will participate in the J.P. Morgan Virtual Ultimate Services Investor Conference on Thursday, Nov. 18, 2021. They will also host investor meetings throughout the day. TrueBlue specializes in workforce solutions, connecting approximately 490,000 people with work in 2020. Its segments include PeopleReady for industrial staffing, PeopleManagement for contingent staffing, and PeopleScout for recruitment process outsourcing.
TrueBlue (NYSE: TBI) announces the appointment of Sonita Lontoh to its Board of Directors, effective immediately. With over two decades of experience in technology marketing, Lontoh currently leads marketing efforts at HP Inc. and serves on the board of Sunrun Inc. Her expertise in digital transformation and customer experience is expected to enhance TrueBlue's growth strategies. Chairman Steven Cooper expressed enthusiasm for her contributions to the company's mission of connecting people and work.
TrueBlue reported strong Q3 2021 results with revenue reaching $577 million, up 22% from $475 million in Q3 2020. Net income per diluted share more than doubled to $0.53, compared to $0.25 in the prior year. Adjusted net income per diluted share also increased to $0.59 from $0.24.
The company attributes growth to strong demand and gross margin expansion, especially in its PeopleScout and PeopleManagement segments. TrueBlue emphasizes its investment in technology as key to future growth amidst rising demand for flexible workforce solutions.
PeopleReady, a TrueBlue company (NYSE: TBI), reports a significant workforce shortage impacting holiday hiring. Between August and September, 19 million jobs were posted, with 14 million actively waiting to be filled. The labor scarcity is affecting various sectors, notably hospitality and retail, making it harder to fill traditionally easy positions. PeopleReady highlights in-demand roles this season, including delivery drivers and retail associates, and is holding nationwide hiring events to connect job seekers with opportunities through its JobStack app.
TrueBlue (NYSE: TBI) will release its third quarter 2021 earnings after the market close on October 25, 2021. Management will host a webcast to discuss the results at 2:30 p.m. PT (5:30 p.m. ET) on the same day. TrueBlue offers specialized workforce solutions connecting approximately 490,000 people with work in 2020. Its segments include PeopleReady for industrial staffing, PeopleManagement for contingent staffing, and PeopleScout for recruitment outsourcing. For more information, visit www.trueblue.com.
FAQ
What is the current stock price of Trueblue (TBI)?
What is the market cap of Trueblue (TBI)?
