Trueblue Inc (TBI)
NYSE:TBI
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Earnings Data
Report Date
Jul 27, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.1Last Year’s EPS
-0.07Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlights clear top-line momentum in skilled and energy end markets, strong new business wins and disciplined cost management that together provide a path to improved margins. However, profitability remains challenged in the near term (reported net loss, negative adjusted EBITDA), gross margin compression from prior-year reserve benefits and mix effects, and softness in certain verticals (PeopleManagement, PeopleSolutions) temper the outlook. Management communicated concrete progress on sales, partnerships, technology and cost actions, and provided a constructive Q2 outlook with anticipated sequential margin improvement.Company Guidance
Top-Line Growth
Total revenue of $399 million, up 8% year-over-year; organic revenue up 7% (HSP acquisition contributed ~1 percentage point of inorganic growth).
Skilled & Energy Momentum
PeopleReady grew 19% year-over-year; renewable energy revenue more than doubled (100%+ growth) for the third consecutive quarter and skilled businesses showed substantial outperformance (management cited ~50% growth in skilled business in Q1). Energy/data-center related projects now represent ~1/3 of active energy projects.
Commercial Driver Strength
Commercial driver business delivered its ninth consecutive quarter of growth; drivers represent roughly 1/3 of the PeopleManagement segment and order volume increased at the end of the quarter into April.
New Business Wins & Partnerships
Secured roughly $11 million in annualized new business from a strategic group purchasing organization partnership this quarter and $13 million in annualized new business wins in PeopleManagement during Q1; won a 9-year U.K. law enforcement RPO engagement and a prior U.K. Armed Forces engagement (international expansion ramping).
Operating Cost Discipline
SG&A decreased 8% year-over-year while revenue grew 8%; PeopleReady SG&A down ~10% in Q1. Management emphasized cost actions and technology-enabled efficiencies to improve operating leverage.
Balance Sheet & Capital Priorities
Ended quarter with $24 million cash, $74 million debt and $36 million unused on borrowing base (total liquidity ~$60 million); transitioned to an asset-backed credit facility, reduced facility size and fees, capital spend under 1% of revenue, and $34 million remaining under share repurchase authorization.
TBI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TBI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $6.04 | $6.05 | +0.17% |
Feb 18, 2026 | $4.52 | $3.91 | -13.50% |
Nov 03, 2025 | $4.68 | $5.49 | +17.31% |
Aug 04, 2025 | $6.34 | $6.09 | -3.94% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Trueblue Inc (TBI) report earnings?
Trueblue Inc (TBI) is schdueled to report earning on Jul 27, 2026, After Close (Confirmed).
What is Trueblue Inc (TBI) earnings time?
Trueblue Inc (TBI) earnings time is at Jul 27, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TBI EPS forecast?
TBI EPS forecast for the fiscal quarter 2026 (Q2) is -0.1.