TrueBlue board reviews 'unsolicited' $105 million acquisition offer
TrueBlue, one of Washington state's largest public companies, is reviewing an "unsolicited" $105 million cash acquisition offer from South Carolina-based HireQuest. This offer is for a segment of TrueBlue's business, and follows multiple unsuccessful bids by HireQuest last year. The news was reported by Lauren McDonald of the Puget Sound Business Journal.
TrueBlue, Inc. Common Stock (NYSE:TBI) Stock Quote
This article provides a stock quote and related financial information for TrueBlue, Inc. (NYSE:TBI), detailing its closing price, volume, trading ranges, and recent news. It also includes performance metrics and frequently asked questions about the company's publicly traded status and exchange. The content compiles historical data and recent announcements relevant to TBI investors.
TrueBlue's PeopleScout Named a Leader in NelsonHall's Global NEAT Vendor Evaluation for RPO
TrueBlue's PeopleScout has been recognized as a leader in NelsonHall's Global NEAT Vendor Evaluation for Recruitment Process Outsourcing (RPO). This recognition highlights PeopleScout's strong performance and leadership in the RPO industry. The news was disseminated by Quantisnow, a real-time market data and news platform.
TrueBlue shareholders approve all proposals at annual meeting
TrueBlue Inc. (NYSE:TBI) shareholders have approved all proposals at their annual meeting, including the election of nine directors, advisory compensation for executive officers, and an amendment to the 2016 Omnibus Incentive Plan. Deloitte & Touche LLP was also ratified as the company's independent public accounting firm. This comes after mixed Q1 2026 financial results and a recent acquisition offer for parts of its PeopleReady segment.
TrueBlue’s PeopleScout Named a Leader in NelsonHall’s Global NEAT Vendor Evaluation for RPO
TrueBlue's PeopleScout has been recognized as a Leader in NelsonHall’s 2026 NEAT Vendor Evaluation for Recruitment Process Outsourcing (RPO), highlighting its strengths in talent technology and advisory-led workforce strategies. The evaluation noted PeopleScout’s proprietary Affinix® technology suite, deep talent advisory expertise, and flexible solutions. This recognition underscores PeopleScout's commitment to delivering adaptable, insight-driven solutions for clients navigating the complex talent landscape.
TrueBlue (NYSE: TBI) investors approve directors, pay plan and auditor
TrueBlue, Inc. shareholders approved all proposals at their annual meeting on May 11, 2026. This included the election of all nine director nominees, advisory approval of executive compensation, approval of the amended 2016 Omnibus Incentive Plan, and the ratification of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 27, 2026. The meeting saw strong shareholder participation, with 27,069,137 common shares represented.
Boston Partners discloses 10.83% stake in TrueBlue (TBI) on 13G/A
Boston Partners has reported a 10.83% passive stake in TrueBlue, Inc. (TBI) through an Amendment No. 3 to a Schedule 13G/A filing. As of March 31, 2026, Boston Partners beneficially owned 3,254,527 shares held in discretionary client accounts. This filing indicates passive ownership, not an intent for active acquisition or control.
People on the move: TalentBurst, Talascend, TrueBlue, AMN, S.i. Systems, Swoon, Conexis, CTG
This article details recent executive appointments and promotions across several staffing and healthcare services firms. Key personnel changes include Namrata Anand becoming Chief Revenue Officer at TalentBurst, Curt Schwab taking over as CEO of Talascend, and R. Chris Kreidler being appointed as chair of TrueBlue's board. Additionally, Eric Palmer was elected to AMN Healthcare Services' board, and new VPs were announced at S.i. Systems, Swoon, and CTG, alongside a new director at Conexis.
TrueBlue Board of Directors Appoints Chris Kreidler as Board Chair
TrueBlue, Inc. announced the appointment of R. Chris Kreidler as the new Chair of its Board of Directors, succeeding Jeffrey B. Sakaguchi. Kreidler, who joined the board in July 2020, brings extensive strategic, financial, and operational experience from his previous roles at Sysco Corporation, C&S Wholesale Grocers, and Yum! Brands, Inc. These changes, which also included the retirement of Jeffrey B. Sakaguchi and Colleen B. Brown and the appointment of Paul G. Reitz as Chair of the Corporate Governance and Nominating Committee, became effective after the company's 2026 Annual Meeting of Shareholders.
TrueBlue Weighs $105M Unsolicited Bid for On-Demand Staffing Unit
TrueBlue is currently evaluating an unsolicited $105 million all-cash bid from rival HireQuest for its on-demand staffing unit within the PeopleReady brand. This offer comes after TrueBlue reported a net loss of $20 million in Q1 2026 despite beating revenue expectations, and follows previous attempts by HireQuest to acquire the entire company. The decision places TrueBlue at a strategic crossroads, as it works to improve the unit's performance internally amidst shareholder pressure and broader industry consolidation trends.
TrueBlue Confirms Receipt of Unsolicited Acquisition Proposal from HireQuest for On-Demand Business
TrueBlue, Inc. announced it is reviewing an unsolicited acquisition proposal from HireQuest, Inc. for its On-Demand business segment. The company's Board of Directors, with financial and legal advisors, is evaluating the offer to determine the best course of action for shareholders and advises against any immediate action. TrueBlue is a leading provider of specialized workforce solutions, connecting people with work across various industries.
HireQuest Proposes $105 Million Acquisition of TrueBlue Assets
HireQuest has proposed a $105 million all-cash acquisition of selected assets from TrueBlue's People-Ready segment, following multiple previous offers. HireQuest argues that its franchise model can revitalize TrueBlue’s underperforming unit, providing TrueBlue with significant cash for debt reduction, reinvestment, or shareholder returns, estimated at $3.45 per share. HireQuest, an Outperform-rated stock by Spark AI Analyst, focuses on its debt-free balance sheet and strong cash generation, despite mixed earnings call takeaways.
HireQuest Extends Offer to TrueBlue Board of Directors for Potential Business Transaction
HireQuest has formally submitted an offer to the Board of Directors of TrueBlue, Inc., proposing a potential business transaction between the two companies. The specific terms and conditions are now under review by TrueBlue's board. The next steps in this potential deal will depend on the board's evaluation and subsequent response to the proposal.
Hirequest submits $105 million cash offer for Trueblue's People-Ready segment assets
HireQuest has submitted a cash offer of $105 million to acquire certain assets of TrueBlue's People-Ready segment. This proposal was made on May 12, 2026, and indicates a potential consolidation in the employment services sector. The article also touches upon a recent board change at TrueBlue and previous financial announcements.
TrueBlue board of directors appoints Chris Kreidler as board chair
TrueBlue, Inc. announced the appointment of Chris Kreidler as the new board chair. This appointment by the board of directors is a significant leadership change for the specialized workforce solutions company. The article also provides a company profile, recent financial news, and stock performance data for TrueBlue.
TrueBlue Board of Directors Appoints Chris Kreidler as Board Chair
TrueBlue, Inc. announced the appointment of R. Chris Kreidler as the new Chair of its Board of Directors, succeeding Jeffrey B. Sakaguchi, effective May 11, 2026. Kreidler has served on TrueBlue’s Board since July 2020 and brings extensive strategic, financial, and operational experience. Additionally, Paul G. Reitz has been appointed Chair of the Corporate Governance and Nominating Committee.
TrueBlue Board of Directors Appoints Chris Kreidler as Board Chair
TrueBlue, Inc. has announced the appointment of R. Chris Kreidler as the new Chair of its Board of Directors, succeeding Jeffrey B. Sakaguchi. Kreidler, who has been on TrueBlue’s Board since July 2020, brings extensive strategic, financial, and operational experience from previous senior leadership roles at Sysco Corporation, C&S Wholesale Grocers, and Yum! Brands, Inc. This change was effective following the Company's 2026 Annual Meeting, where Mr. Sakaguchi and Colleen B. Brown retired from their director roles.
Earnings call transcript: TrueBlue Inc. Q1 2026 shows mixed results with EPS miss
TrueBlue Inc. reported mixed results for Q1 2026, with revenue of $399 million surpassing forecasts by 8% year-over-year, but missing EPS expectations at -$0.41 against a forecast of -$0.10. The company's stock experienced a premarket decline due to profitability concerns, despite strong revenue growth in its PeopleReady segment and strategic focus on AI integration. TrueBlue anticipates continued revenue growth and improved EPS in FY 2027, driven by market expansion and operational efficiencies.
Earnings call transcript: TrueBlue Inc. Q1 2026 shows mixed results with EPS miss
TrueBlue Inc. reported mixed financial results for Q1 2026, with revenue of $399 million exceeding forecasts by an 8% year-over-year increase, driven largely by its PeopleReady segment. However, the company significantly missed EPS expectations, reporting -$0.41 against a -$0.10 forecast, leading to post-earnings stock volatility. The earnings call highlighted growth in skilled verticals like energy and commercial driving, strategic AI integration, and efforts to improve profitability despite declining gross margins and a $20 million net loss including a goodwill impairment.
TrueBlue Q1 2026 slides: revenue rises 8% as margins compress
TrueBlue Inc. reported an 8% increase in Q1 2026 revenue to $399 million, driven by organic growth and an acquisition, but its net loss widened to $20 million due to significant margin compression from workers' compensation adjustments and business mix shifts. Despite cost management efforts leading to improved adjusted EBITDA, the company faces persistent profitability challenges, evidenced by a substantial EPS miss compared to analyst expectations. TrueBlue projects continued revenue growth for Q2 2026 but anticipates further gross margin decline.
Research Analysts Set Expectations for TrueBlue Q2 Earnings
Analysts at Sidoti have revised down their Q2 2026 EPS estimate for TrueBlue (NYSE:TBI) to ($0.10) and their full-year 2026 EPS to ($0.09). Despite beating revenue and EPS consensus in its last quarterly report, TrueBlue faces negative net margin and ROE, though insider buying by the CEO and CFO indicates some confidence. The stock currently holds a "Hold" consensus rating with a target price of $5.75 from MarketBeat.
TrueBlue Earnings Call: Growth Surges, Margins Strain
TrueBlue's Q1 earnings call revealed robust top-line growth driven by skilled and energy markets, with revenue reaching $399 million, up 8% year over year. Despite this growth, profitability was weak, with a net loss of $20 million and gross margin compression to 19.8% due to factors like the absence of favorable workers’ compensation reserve releases and a mix shift towards lower-margin energy revenue. The company is focusing on cost discipline and technology investments to improve efficiency and aims for sequential gross margin expansion and a return to double-digit profit margins in PeopleSolutions in the latter half of the year.
TrueBlue amends rights agreement to accelerate expiration date
TrueBlue Inc. (NYSE:TBI) announced an amendment to its Rights Agreement, accelerating the expiration date of the rights from May 13, 2026, to May 6, 2026. This change comes as TBI shares have seen a significant increase in value over the past week and year-to-date, with InvestingPro analysis suggesting the stock may be undervalued. The company also recently reported a notable miss in Q1 2026 earnings per share, despite slightly exceeding revenue forecasts.
NYSE delists TrueBlue (NYSE: TBI) preferred stock purchase rights
The New York Stock Exchange has delisted TrueBlue, Inc.'s Preferred Stock Purchase Rights following a Form 25 filing. Both the Exchange and TrueBlue certified compliance with voluntary withdrawal rules, as detailed in the SEC filing. This delisting suggests reduced visibility and potential trading impacts for these specific securities.
Sidoti Brokers Lower Earnings Estimates for TrueBlue
Sidoti has lowered its Q3 2026 EPS estimates for TrueBlue (NYSE:TBI) to $0.21 from $0.24, with a consensus full-year EPS of $0.08. Despite beating Q1 estimates with ($0.41) EPS and $398.6M revenue, the company reported a $20M net loss. Insider buying from the CEO and CFO in February, along with an average analyst rating of "Hold" and a consensus target price of $5.75, provide a mixed outlook for the stock.
TrueBlue (NYSE: TBI) moves rights plan expiration to May 6, 2026
TrueBlue, Inc. (NYSE: TBI) has amended its Rights Agreement with Computershare Trust Company, N.A., accelerating the expiration date of its shareholder rights plan from May 13, 2026, to May 6, 2026. This amendment is classified as a material definitive agreement and a material modification to the rights of security holders, as detailed in an 8-K filing. The change shortens the period during which the rights are outstanding.
TrueBlue amends rights agreement to accelerate expiration date
TrueBlue, Inc. (NYSE:TBI) announced an amendment to its Rights Agreement, accelerating the expiration date of the rights from May 13, 2026, to May 6, 2026. This change comes as the company's shares have seen a significant increase and are considered undervalued by InvestingPro. Despite a recent miss in Q1 2026 EPS, the company's revenue slightly exceeded expectations.
TrueBlue revenue up 7.6% in Q1 with growth in its skilled business
TrueBlue (NYSE: TBI) reported a 7.6% increase in first-quarter revenue, reaching $398.6 million, primarily driven by growth in its skilled professionals division, particularly in energy and commercial driving. While its PeopleReady industrial staffing division saw a significant 18.9% jump, the company faced an increased net loss and a goodwill impairment charge. TrueBlue forecasts a 2% to 8% revenue growth for the second quarter.
TrueBlue, Inc. 1Q 2026: Revenue $398.57M, EPS ($0.66) — 10-Q Summary
TrueBlue, Inc. reported its first-quarter 2026 results, showing a 7.6% increase in revenue to $398.57M, driven by growth in skilled businesses like energy and commercial driving. Despite the revenue growth, the company experienced a larger net loss of ($19.8M) and diluted EPS of ($0.66), attributed to higher workers' compensation costs and a shift towards lower-margin business. SG&A expenses decreased due to cost management, but increased workers' compensation reserves negatively impacted gross profit.
TrueBlue, Inc. 2026 Q1 - Results - Earnings Call Presentation (NYSE:TBI) 2026-05-05
TrueBlue, Inc. published its slide deck in conjunction with its Q1 2026 earnings call. This presentation provides detailed information regarding the company's financial results for the first quarter of 2026. SA Transcripts, a team dedicated to developing transcript-related projects, shared this content with its readers.
TrueBlue (NYSE:TBI) Releases Quarterly Earnings Results, Beats Estimates By $0.04 EPS
TrueBlue (NYSE:TBI) reported quarterly earnings, beating analyst estimates by $0.04 EPS with revenue of $399 million, an 8% year-over-year increase. Despite a net loss of $20 million due to a non-repeat workers' compensation benefit and a shift to lower-margin energy work, the company highlighted efficiency gains from AI and proprietary platforms. TrueBlue plans to prioritize debt reduction over share buybacks and expects improved profitability in Q2.
Earnings call transcript: TrueBlue’s Q1 2026 results show EPS miss
TrueBlue Inc. reported a significant EPS miss in Q1 2026, posting -$0.41 against a forecast of -$0.10, despite revenue slightly exceeding expectations at $399 million. The company attributes gross margin declines to workers' compensation adjustments and a shift towards lower-margin energy work, though its skilled businesses, particularly in the energy sector, showed strong growth. TrueBlue is focusing on AI integration, cost management, and strategic partnerships like with a group purchasing organization, to drive future profitability and growth, with analysts forecasting a return to profitability for the full year 2026.
TrueBlue: Q1 Earnings Snapshot
TrueBlue Inc. reported a significant loss of $19.8 million in its first quarter, translating to 66 cents per share. After adjusting for asset impairment and non-recurring costs, the blue-collar temporary staffing company's loss was 41 cents per share, with revenue reaching $398.6 million.
TrueBlue (NYSE: TBI) grows Q1 2026 revenue but still posts net loss
TrueBlue (NYSE: TBI) reported an increase in Q1 2026 revenue to $399 million, up 8% year-over-year, driven by organic growth and an acquisition. Despite this revenue growth, the company's net loss widened to $19.8 million, primarily due to a goodwill impairment charge and lower gross margin. However, adjusted EBITDA showed improvement, and the company maintains a solid liquidity position while focusing on strategic growth and cost management for Q2 2026.
Sales climbed at TrueBlue, but a $20M quarterly loss widened
TrueBlue (NYSE: TBI) reported its first-quarter 2026 financial results, with revenue increasing 8% to $399 million compared to the prior year. Despite revenue growth and improved Adjusted EBITDA, the company's net loss widened to $20 million, up from $14 million in Q1 2025, partly due to a non-cash goodwill impairment charge of $4 million. The CEO highlighted continued expansion in skilled verticals and operational efficiencies as drivers of their progress towards long-term growth and enhanced profitability.
TrueBlue Reports First Quarter 2026 Results
TrueBlue (NYSE:TBI) announced its first quarter 2026 results, reporting revenue of $399 million, an 8 percent increase year-over-year. Despite the revenue growth, the company posted a net loss of $20 million, compared to a net loss of $14 million in the prior year, which includes a non-cash goodwill impairment charge of $4 million. Management highlighted continued expansion in skilled verticals and operational discipline, expressing confidence in their long-term growth strategy and enhanced sales model.
TrueBlue: Q1 Earnings Snapshot
TrueBlue Inc. reported a first-quarter loss of $19.8 million, or 66 cents per share. After adjusting for asset impairment and non-recurring costs, the blue-collar temporary staffing company's loss was 41 cents per share. The company generated $398.6 million in revenue during the period.
Pzena Investment Management (TBI) reports 10.5% ownership in TrueBlue
Pzena Investment Management has reported a 10.5% beneficial ownership in TrueBlue, holding 3,176,402 shares of common stock. The filing, a Schedule 13G/A amendment, indicates that Pzena has sole dispositive power over all these shares and sole voting power over 2,668,751 shares. No single client of Pzena holds more than 5% of TrueBlue's stock, and the investment is stated to be for passive purposes.
TrueBlue (TBI) Expected to Announce Quarterly Earnings on Tuesday
TrueBlue (TBI) is expected to release its Q1 2026 earnings on Tuesday, May 5th, with analysts projecting a loss of $0.45 per share and revenue of $390.51 million. The company recently missed analyst EPS estimates in its last quarterly report, though revenue slightly exceeded expectations. Despite a "Hold" consensus rating from analysts, recent insider buying by the CEO and CFO indicates confidence in the stock.
TBI Price Today: Trueblue, Inc. Stock Price, Quote & Chart | MEXC
Trueblue, Inc. (TBI) is currently trading at $4.77, reflecting a 3.25% increase from its previous close. The stock has shown stable performance, returning +26.53% over the past month and +10.93% over the last 12 months. Trueblue, Inc. is a provider of specialized workforce solutions, with its main segments including PeopleReady, PeopleManagement, and PeopleSolutions, generating most of its revenue from the PeopleReady segment.
Royce & Associates reports 7.03% stake in TrueBlue (NYSE: TBI)
Royce & Associates has reported a 7.03% stake in TrueBlue Inc. (NYSE: TBI), holding 2,112,810 shares as of March 31, 2026. This disclosure was made via an amended Schedule 13G/A filing, indicating passive investment intent. Royce & Associates, through its subsidiary RALP, maintains sole voting and dispositive power over these managed client accounts and explicitly states independence from Franklin Resources, Inc. affiliates.
TrueBlue (NYSE:TBI) Raised to Hold at Zacks Research
Zacks Research has upgraded shares of TrueBlue (NYSE:TBI) from a "strong sell" to a "hold" rating. This upgrade aligns with recent actions from other analysts, resulting in a consensus "Hold" rating for the business services provider. The company's stock opened at $4.54, with a market cap of $137.68 million, and recently reported quarterly earnings that missed consensus estimates.
TrueBlue to Announce First Quarter 2026 Results
TrueBlue (NYSE: TBI) will release its first quarter 2026 earnings results after market close on Tuesday, May 5, 2026. Management will host a webcast at 2:00 p.m. PT (5:00 p.m. ET) on the same day to discuss the results. The webcast and a presentation of financial information will be available on the company's website, with an audio replay lasting six months.
TrueBlue Inc stock (US8978401031): Why Google Discover changes matter more now
The article discusses how Google's 2026 Discover Core Update is revolutionizing access to financial news, particularly for TrueBlue Inc. (TBI) stock. This update prioritizes personalized, proactive mobile feeds over traditional search, delivering real-time labor market insights directly to investors. For TrueBlue, a specialized workforce solutions provider, this means quicker access to critical data on staffing trends, segment performance, and growth strategies, benefiting retail investors by saving them from manual searches and providing an edge in a fast-moving industry.
TrueBlue’s Centerline Drivers Announces Annual Respect the Drive Award Winners for Excellence in Transportation Staffing
TrueBlue's Centerline Drivers announced the winners of its annual Respect the Drive Awards, honoring professionals and customer partners who demonstrate excellence, commitment, and leadership in the transportation industry. The awards recognized companies for inclusivity, safety, and driver culture, and celebrated individual drivers for their service and leadership. Additionally, the Drive It Forward Scholarship was awarded to Antaya Wallace, supporting women pursuing a commercial driver's license.
Transportation staffing awards honor safety, driver culture and women
TrueBlue's Centerline Drivers announced the annual Respect the Drive Awards, recognizing excellence in transportation staffing. The awards honor customer partners for inclusivity, safety, and driver culture, and professional drivers for service and leadership. Additionally, the Drive It Forward Scholarship was awarded to Antaya Wallace, supporting women pursuing a commercial driver’s license.
TrueBlue reaches settlement with activist investor EHS By Investing.com
TrueBlue, Inc. announced a cooperation agreement with activist investor EHS Investments, resolving a potential proxy contest ahead of the company’s 2026 annual shareholder meeting. As part of the agreement, TrueBlue will appoint a new independent director by September 30, 2026, mutually agreed upon by both parties, and EHS Investments has withdrawn its director nominations. The stock is currently trading near its 52-week low, but InvestingPro analysis suggests it is undervalued.
TrueBlue reaches settlement with activist investor EHS By Investing.com
TrueBlue, Inc. has reached a cooperation agreement with activist investor EHS Investments, averting a potential proxy contest ahead of its 2026 annual shareholder meeting. The agreement involves appointing a new independent director to TrueBlue's board by September 30, 2026, and EHS Investments withdrawing its director nominations. The deal highlights TrueBlue's commitment to enhancing governance and shareholder value, with Eric H. Su providing strategic input to the board.
TrueBlue, EHS Reach Cooperation Deal on Board Refresh
TrueBlue (TBI) and EHS Investments have finalized a cooperation agreement for board refreshment. This deal includes the mutual appointment of a new independent director by September 2026, EHS withdrawing its rival nominations, and support for TrueBlue's 2026 slate. The agreement, alongside planned director departures, will result in a ten-member board with nine independent directors, aiming to strengthen governance and strategic oversight.
TrueBlue (NYSE: TBI) strikes EHS deal to add new independent director by 2026
TrueBlue, Inc. announced a cooperation agreement with EHS Investments to appoint a new independent director to the Board by September 30, 2026. This agreement resolves a potential proxy contest as EHS has withdrawn its director nominations and will support TrueBlue's 2026 director slate. Following the new appointment, the Board is expected to have ten directors, nine of whom will be independent, signifying a board refresh and strengthened governance for the company.
