TrueBlue Inc

For the period ended Sep 29, 2024. Filed Nov 4, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 29, 2024 · Filed Nov 4, 2024

TBI$12.68+4.4%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Operations and Comprehensive Income (Loss)

	Thirteen weeks ended		Thirty-nine weeks ended
(in thousands, except per share data)	September 29,2024	September 24,2023	September 29,2024	September 24,2023
Revenue from services	$382,357	$473,196	$1,181,440	$1,414,072
Cost of services	282,320	349,023	877,594	1,036,295
Gross profit	100,037	124,173	303,846	377,777
Selling, general and administrative expense	99,973	120,715	303,928	364,642
Depreciation and amortization	6,967	6,184	22,616	18,875
Goodwill and intangible asset impairment charge	—	—	59,674	9,485
Income (loss) from operations	(6,903)	(2,726)	(82,372)	(15,225)
Interest and other income (expense), net	521	390	3,861	1,982
Income (loss) before tax expense (benefit)	(6,382)	(2,336)	(78,511)	(13,243)
Income tax expense (benefit)	1,253	(2,326)	35,532	(1,621)
Net income (loss)	$(7,635)	$(10)	$(114,043)	$(11,622)
Net income (loss) per common share:
Basic	$(0.26)	$0.00	$(3.75)	$(0.37)
Diluted	$(0.26)	$0.00	$(3.75)	$(0.37)
Weighted average shares outstanding:
Basic	29,704	30,932	30,384	31,397
Diluted	29,704	30,932	30,384	31,397
Other comprehensive income (loss):
Foreign currency translation adjustment	$437	$(1,305)	$600	$(1,052)
Comprehensive income (loss)	$(7,198)	$(1,315)	$(113,443)	$(12,674)

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.