TrueBlue reports Q2 EPS 17c, consensus 22c

Reports Q2 revenue $476M, consensus $496.1M. “Our results reflect an environment of softening demand,” said Steve Cooper, CEO of TrueBlue. “Given the tight labor market, clients continue to focus on retaining employees, but they are also increasingly focused on reducing costs. As a result, clients are becoming more selective on which jobs they choose to fill.”