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TrueBlue Reports Fourth Quarter and Full-Year 2024 Results

1. TrueBlue's Q4 2024 revenue fell 16% YoY to $386 million. 2. The company reported a net loss of $12 million, worsening from last year's $3 million loss.

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FAQ

Why Bearish?

Revenue decline and increased net loss indicate potential challenges for TBI, similar to prior downturns.

How important is it?

Deteriorating financial performance directly impacts investor perceptions of TBI's stability.

Why Short Term?

Immediate financial results could affect investor sentiment and TBI's stock in the near term.

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TBI
TACOMA, Wash.--(BUSINESS WIRE)--TrueBlue (NYSE:TBI) today announced its fourth quarter and full-year results for 2024. Fourth Quarter 2024 Financial Highlights Revenue of $386 million compared to $492 million in the prior year period Fiscal fourth quarter for 2024 consisted of 13 weeks versus 14 weeks in the fiscal fourth quarter of 2023 Revenue decreased 16 percent on a comparable 13-week basis Net loss of $12 million compared to net loss of $3 million in the prior year period SG&A expense.

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