EHS Comments on Disappointing TrueBlue Fourth Quarter Earnings Results

Core Viewpoint - EHS Investments criticizes TrueBlue's Board of Directors for inadequate changes and failure to address operational and financial challenges, emphasizing the urgent need for meaningful board change to prevent further shareholder value destruction [1] Financial Performance - TrueBlue's fourth quarter results show missed targets, deteriorating gross profits, and negative EBITDA, indicating significant financial strain [1] - The company forecasts a gross profit decline of approximately 9% year-over-year for Q1 2026, despite the American Staffing Association's Staffing Index showing growth [1] Shareholder Concerns - TrueBlue's stock price fell 24% following the latest earnings release, reaching near all-time lows, highlighting investor dissatisfaction with management's performance [1] - EHS Investments has faced refusal from TrueBlue's Board to engage in constructive discussions regarding necessary changes, prompting calls for immediate action [1] Director Nomination - EHS plans to present a strategic value-creation plan developed by its highly qualified director nominees to fellow shareholders in the coming weeks [1] - EHS intends to file a preliminary proxy statement to solicit votes for its slate of director nominees at TrueBlue's 2026 annual meeting [1]