TrueBlue sees Q4 revenue up 4%-10%

Consensus $410.9M. The company states: “We expect revenue growth for the fiscal fourth quarter of 2025 to be between 4% and 10% as compared to the same period in the prior year. This range assumes current market conditions continue, and includes approximately 4% inorganic growth from the acquisition of HSP. We anticipate gross profit as a percentage of revenue to decline between 410 and 370 basis points for the fiscal fourth quarter of 2025, compared to the same period in the prior year, due to prior year workers’ compensation reserve adjustments not expected to repeat at the same level in the current year, as well as changes in business mix. For the fiscal fourth quarter of 2025, we anticipate SG&A expense to be between $91 million and $95 million, representing a decline compared to the same period in the prior year due to our cost management efforts.”