TrueBlue(TBI)

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TrueBlue's PeopleReady Skilled Trades Announces Strategic Partnership with Independent Electrical Contractors to Combat Labor Shortage
Prnewswire· 2025-04-17 11:05
Core Insights - TrueBlue's PeopleReady Skilled Trades (PRST) has been appointed as the Official Professional Staffing and Labor Provider for the Independent Electrical Contractors (IEC), addressing the urgent need for skilled labor in the electrical industry [1][3] - The partnership aims to provide immediate access to qualified workers while also focusing on long-term workforce development initiatives [1][4] Group 1: Staffing Solutions - PRST has a history of connecting skilled tradespeople with high-demand opportunities across various industries, including electrical, carpentry, plumbing, welding, and energy installations [2] - The electrical industry is facing a severe skilled labor shortage, with demand for qualified electricians outpacing supply, prompting IEC contractors to seek reliable staffing solutions [2][3] Group 2: Workforce Development - The collaboration between PRST and IEC enhances the value delivered to IEC members by providing effective sourcing of skilled labor, which is a pressing challenge in the electrical industry [3] - PRST will offer tailored staffing solutions to IEC members, ensuring that critical projects remain on schedule despite labor constraints [3][4] Group 3: Educational Contributions - Beyond staffing, PRST will provide valuable industry insights to IEC members, including educational content on hiring best practices, trends, and staffing strategies through various platforms [4] - The partnership aligns with IEC's mission to train and place the next generation of electricians in meaningful careers, reinforcing its commitment to workforce development [4][7]
TrueBlue's PeopleScout Receives Recognition as a Leader in NelsonHall's Global 2025 NEAT Vendor Evaluation for RPO
Prnewswire· 2025-04-03 14:52
Core Insights - PeopleScout has achieved the designation of a Leader in all six categories of NelsonHall's 2025 NEAT Vendor Evaluation for Recruitment Process Outsourcing (RPO) for the seventh consecutive time, reinforcing its position as a global leader in talent solutions [1][2][3] Company Overview - PeopleScout, a brand of TrueBlue (NYSE: TBI), specializes in providing workforce solutions, including Recruitment Process Outsourcing (RPO), Managed Service Provider (MSP), and talent advisory services [8][9] - The company utilizes its proprietary Affinix® platform, which incorporates AI-driven recruitment, predictive analytics, and machine learning to enhance hiring processes [7] Strengths and Offerings - PeopleScout's modular Amplifiers™ offerings and tech advisory services allow it to support clients at various stages of their outsourcing journey, optimizing existing infrastructure investments [2][7] - The company emphasizes a data-driven approach to workforce strategy, helping clients navigate talent shortages and evolving workforce expectations [4][7] - PeopleScout's deep talent advisory expertise includes insights into employer branding, recruitment marketing, and workforce strategy development [7] Industry Impact - The recognition from NelsonHall highlights PeopleScout's commitment to delivering talent solutions that drive significant business impact, positioning it as a trusted advisor for organizations looking to enhance their workforce strategies [3][4]
TrueBlue Awarded Top Honors for Company Culture and Industry Leadership
Prnewswire· 2025-04-01 11:00
Core Insights - TrueBlue has been recognized for its exceptional workplace culture and leadership in the staffing industry, receiving honors from Forbes, Staffing Industry Analysts (SIA), and HRO Today, highlighting its transformative impact on workforce solutions [1][2][5] Group 1: Workplace Culture - TrueBlue has been named to Forbes' 2025 America's Best Midsize Employers list, emphasizing its commitment to creating an environment where employees can thrive and innovate, which is crucial for attracting and retaining top talent [2] - The company aims to foster a culture that empowers employees to deliver value to clients, as stated by Board Chairman Jeff Sakaguchi [5] Group 2: Leadership Recognition - Taryn Owen, President and CEO of TrueBlue, has been included in SIA's 2025 Staffing 100 North America list for the ninth consecutive year, recognizing her influence in the staffing industry and her role in driving the company's growth [3] - TrueBlue's executive leadership team has five members honored in HRO Today Magazine's annual HR Superstars list, showcasing the company's expertise in workforce solutions and operational excellence [4] Group 3: Strategic Initiatives - Under Taryn Owen's leadership, TrueBlue has launched the next-generation JobStack app and expanded into the healthcare market through the acquisition of Healthcare Staffing Professionals, which are key strategic moves to enhance operational excellence and client outcomes [3]
TrueBlue (TBI) Soars 5.8%: Is Further Upside Left in the Stock?
ZACKS· 2025-03-25 16:15
Company Overview - TrueBlue (TBI) shares increased by 5.8% to close at $6.04, following a notable trading volume that exceeded typical levels, despite a 9.9% loss over the past four weeks [1] - The company is experiencing strong growth and profitability expansion due to effective strategic execution and rising customer demand [1] Earnings Expectations - TrueBlue is expected to report a quarterly loss of $0.23 per share, reflecting a year-over-year decline of 866.7% [1] - Revenue projections for TrueBlue stand at $361.12 million, which is a decrease of 10.4% compared to the same quarter last year [1] Earnings Estimate Revisions - The consensus EPS estimate for TrueBlue has been revised down by 2200% over the last 30 days, indicating a negative trend in earnings estimate revisions [3] - A negative trend in earnings estimate revisions typically does not lead to price appreciation, suggesting caution for future stock performance [3] Industry Comparison - TrueBlue operates within the Zacks Staffing Firms industry, which includes Resources Connection (RGP) [3] - Resources Connection's consensus EPS estimate for the upcoming report remains unchanged at -$0.10, representing a 158.8% decline from the previous year [4] - Resources Connection also holds a Zacks Rank of 3 (Hold), similar to TrueBlue [4]
TrueBlue Earns Prestigious Spot as One of the 2025 World's Most Ethical Companies®
Prnewswire· 2025-03-12 11:00
Core Insights - TrueBlue has been recognized as one of the 2025 World's Most Ethical Companies® by Ethisphere, highlighting its commitment to ethical business practices, compliance, and governance [1][2][3] - The recognition reflects TrueBlue's dedication to integrity, transparency, and ethical conduct across its global operations, which is seen as a competitive differentiator [2][3] Company Overview - TrueBlue (NYSE: TBI) is a leading provider of specialized workforce solutions, offering services such as on-demand industrial staffing, recruitment process outsourcing, and healthcare staffing [6] - The company operates through various segments, including PeopleReady, PeopleScout, PeopleManagement, and Healthcare Staffing Professionals, catering to diverse industries [6] Recognition Details - In 2025, honorees were recognized across 19 countries and 44 industries, with TrueBlue outperforming a comparable index of global companies by 7.8 percentage points from January 2020 to January 2025 [2] - The assessment for the World's Most Ethical Companies is based on Ethisphere's proprietary Ethics Quotient®, which evaluates over 240 proof points related to ethics, compliance, governance, and social impact [4]
TrueBlue's PeopleScout Expands Amplifiers™ Suite with Strategic Talent Consulting Solutions to Help Organizations Transform their Talent Acquisition Strategy
Prnewswire· 2025-03-11 11:00
Core Insights - The expansion of the Amplifiers suite by PeopleScout addresses challenges in talent acquisition, focusing on engaging hard-to-reach talent and leveraging technology-driven hiring solutions [1] - PeopleScout's new consulting solutions aim to simplify complexities for employers, enhancing technology investments and employer branding [2] - The Amplifiers suite builds on over 30 years of expertise, providing diagnostics and strategic guidance to maximize ROI on technology investments and improve recruitment efficiency [3] Company Overview - PeopleScout, a subsidiary of TrueBlue, is a global leader in talent solutions, offering services such as Recruitment Process Outsourcing (RPO) and Managed Service Provider (MSP) solutions [5] - TrueBlue provides specialized workforce solutions across various segments, including industrial staffing and healthcare staffing [6] New Consulting Solutions - The new consulting solutions include Technology Diagnostic, which optimizes talent tech investments through AI-driven insights [8] - Organizational Culture and EVP Diagnostic focuses on strengthening company culture and enhancing employer branding through data-driven strategies [8] - Project Management services aim to minimize risk and enhance efficiency in executing internal projects and technology implementations [8]
Nexalin Technology Announces Initiation of Patient Recruitment for UCSD's TBI & PTSD Clinical Study Following IRB Approval
GlobeNewswire News Room· 2025-02-28 13:30
Core Insights - Nexalin Technology, Inc. has received Institutional Review Board (IRB) approval for a clinical trial at the University of California, San Diego (UCSD) to evaluate its HALO™ Clarity devices for treating mild traumatic brain injury (mTBI) and post-traumatic stress disorder (PTSD) in military and civilian populations [1][2] Company Overview - Nexalin Technology specializes in developing innovative neurostimulation products aimed at addressing the global mental health crisis, utilizing non-invasive bioelectronic medical technology [4] - The company's proprietary Deep Intracranial Frequency Stimulation (DIFS™) technology offers a drug-free alternative for neurological and mental health conditions, minimizing side effects associated with traditional treatments [6] Clinical Trial Details - The initial shipment of HALO™ Clarity devices has been delivered to UCSD, with patient recruitment for the study commencing immediately [1][3] - An additional 40-50 HALO devices will be supplied as the study progresses, which will be integrated with Nexalin's app-controlled remote monitoring system for real-time tracking of patient progress [3][6] Technology and Advantages - The HALO™ Clarity device is designed for non-invasive deep-brain stimulation, providing a patient-centered treatment experience [3] - The combination of DIFS technology with an advanced virtual clinic model allows for seamless oversight of treatment adherence and progress [3][6] Future Aspirations - The initiation of patient recruitment is viewed as a significant milestone in validating the HALO Clarity device for TBI and PTSD treatment, with the potential to make non-invasive deep brain stimulation a viable solution for affected individuals [3]
TrueBlue(TBI) - 2024 Q4 - Earnings Call Presentation
2025-02-20 03:39
Q4 2024 EARNINGS Forward-looking statements and non-GAAP financial measures This presentation contains forward-looking statements relating to our plans and expectations including, without limitation, statements regarding the future performance and operations of our business, expectations regarding stabilization in demand, and expected growth from our digital investments, all of which are subject to risks and uncertainties. Such statements are based on management's expectations and assumptions as of the date ...
TrueBlue(TBI) - 2024 Q4 - Earnings Call Transcript
2025-02-20 03:38
TrueBlue, Inc. (NYSE:TBI) Q4 2024 Earnings Conference Call February 19, 2025 5:00 PM ET Company Participants Taryn Owen - CEO, President & Director Carl Schweihs - EVP & CFO Conference Call Participants Will Brunemann - Northcoast Research Mark Marcon - Baird Marc Riddick - Sidoti Operator Greetings, and welcome to the TrueBlue Fourth Quarter 2024 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded. At this time, I would like to remind everyone that today's call and slide ...
TrueBlue (TBI) Reports Q4 Loss, Tops Revenue Estimates
ZACKS· 2025-02-19 23:26
TrueBlue (TBI) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 84.62%. A quarter ago, it was expected that this blue-collar temporary staffing company would post a loss of $0.23 per share when it actually produced a loss of $0.11, delivering a surprise of 52.17%.Over the last four quarter ...