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TrueBlue's Centerline Drivers Celebrates Careers in the Trucking Industry with Fourth Annual Respect the Drive Month
Prnewswire· 2024-09-30 11:00
Core Insights - TrueBlue and Centerline Drivers celebrated the fourth annual "Respect the Drive Month" to honor truck drivers' contributions amid a significant driver shortage of approximately 60,000 drivers in the U.S. [2][3] - Centerline introduced a customer awards program to recognize companies that support the trucking industry, with categories focusing on safety, inclusivity, and positive driver culture [3][4] Company Overview - TrueBlue is a leading provider of specialized workforce solutions, serving 67,000 clients and connecting around 464,000 people to work in 2023 [5] - Centerline Drivers connects over 4,500 drivers annually with Fortune 1000 and mid-sized companies, operating in 40 U.S. markets [6]
TrueBlue(TBI) - 2024 Q2 - Earnings Call Transcript
2024-08-06 01:30
TrueBlue, Inc. (NYSE:TBI) Q2 2024 Earnings Conference Call August 5, 2024 5:00 PM ET Company Participants Taryn Owen - President and CEO Carl Schweihs - CFO Conference Call Participants Mark Marcon - Baird Kartik Mehta - Northcoast Research Jeff Silber - BMO Capital Markets Marc Riddick - Sidoti & Company Operator Greetings and welcome to the TrueBlue Second Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation ...
TrueBlue(TBI) - 2024 Q2 - Earnings Call Presentation
2024-08-05 21:38
Q2 2024 EARNINGS 国 trueblue 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 ...
TrueBlue's PeopleScout Named a Global Leader in Everest Group's 2024 Recruitment Process Outsourcing Services PEAK Matrix® Assessment
Prnewswire· 2024-06-17 11:00
Brand receives Leader distinction for sixth consecutive year PeopleScout logo (PRNewsfoto/TrueBlue, Inc.)PeopleScout logo (PRNewsfoto/TrueBlue, Inc.) Everest Group classifies RPO service providers into three categories: Aspirants, Major Contenders and Leaders, the highest designation. The firm's proprietary PEAK Matrix® characterizes Leaders as being ahead of the curve in "demonstrating strong vision and capability to support their clients" and at the forefront of "investing in developing emerging capabilit ...
TrueBlue's PeopleReady Skilled Trades Honors Careers in the Trades Amidst Skilled Labor Shortage
prnewswire.com· 2024-05-29 11:00
With continuing increases in demand, it is critical for skilled trades employers to prioritize innovative recruitment and retention strategies to remain competitive. Raising awareness of the important role of skilled tradespeople in our communities, PeopleReady Skilled Trades honors their essential contributions by celebrating the month of May as Respect the Craft Month. This annual event, now in its fourth year, shows appreciation for tradespeople and fosters a sense of belonging and pride within the craft ...
Wall Street Analysts Believe TrueBlue (TBI) Could Rally 88.02%: Here's is How to Trade
zacks.com· 2024-05-27 15:00
Shares of TrueBlue (TBI) have gained 2.5% over the past four weeks to close the last trading session at $10.77, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $20.25 indicates a potential upside of 88%. Price, Consensus and EPS Surprise Here's What You Should Know About Analysts' Price Targets According to researchers at several universities across the globe, a price target is ...
TrueBlue's PeopleReady Gears Up to Staff Nationwide Summer Sports and Entertainment Events
prnewswire.com· 2024-05-23 11:00
About TrueBlue TrueBlue (NYSE: TBI) is a leading provider of specialized workforce solutions that help clients achieve business growth and improve productivity. In 2023, TrueBlue served 67,000 clients and connected approximately 464,000 people to work. Its PeopleReady segment offers on-demand, industrial staffing; PeopleScout offers recruitment process outsourcing (RPO) and managed service provider (MSP) solutions to a wide variety of industries; and PeopleManagement offers contingent, on-site industrial st ...
Nexalin America Selected to Join the National Traumatic Brain Injury Registry Coalition to Propel TBI Awareness and Research Efforts
globenewswire.com· 2024-05-22 12:30
HOUSTON, TX, May 22, 2024 (GLOBE NEWSWIRE) -- Nexalin Technology, Inc. (the "Company" or "Nexalin") (Nasdaq: NXL; NXLIW) is pleased to announce its new division, Nexalin America, has been selected to join the National Traumatic Brain Injury (TBI) Registry Coalition ("Coalition"). This esteemed coalition represents a unified alliance of both private sector entities and non-profit organizations committed to fostering the development of a national TBI registry. The Coalition is dedicated to advancing research, ...
TrueBlue(TBI) - 2024 Q1 - Earnings Call Transcript
2024-05-07 02:05
TrueBlue, Inc. (NYSE:TBI) Q1 2024 Earnings Conference Call May 6, 2024 5:00 PM ET Company Participants Taryn Owen - President & Chief Executive Officer Carl Schweihs - Chief Financial Officer Conference Call Participants Jeff Silber - BMO Capital Markets Kartik Mehta - Northcoast Research Mark Marcon - Baird Marc Riddick - Sidoti Operator Greetings, and welcome to the TrueBlue First Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will ...
TrueBlue(TBI) - 2024 Q1 - Earnings Call Presentation
2024-05-06 21:30
Financial Performance Summary - Total revenue decreased by 13%[2] - Net loss was $1.7 million, compared to a net loss of $4.3 million in Q1 2023[8] - Adjusted EBITDA was -$3.5 million, compared to +$2.9 million in Q1 2023[8] - SG&A expenses were reduced by 13%[2] Segment Performance - PeopleReady revenue was $223 million, a decrease of 12%[20] - PeopleScout revenue was $46 million, a decrease of 33%[20] - PeopleManagement revenue was $134 million, a decrease of 7%[20] Liquidity and Capital Allocation - The company has zero debt, with $36 million in cash and $140 million of borrowing availability[6, 21] - $10 million in share repurchases were made, with $45 million remaining under authorization[2] Q2 2024 Outlook - Revenue is projected to be between $400 million and $425 million, a decrease of 16% to 10% year-over-year[23] - Gross margin is expected to decline by 140 to 100 bps compared to the prior year[42] - SG&A is projected to be between $97 million and $101 million[24]