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TrueBlue Reports 2012 Second Quarter Results

TrueBlue News Release (07/25/12)

TrueBlue Inc. has reported revenue for the second quarter of 2012 of $354 million, an increase of 11% compared with revenue of $320 million for the second quarter of 2011. Net income for the quarter was $10.3 million or $0.26 per diluted share, compared with net income of $8.5 million or $0.20 per diluted share for the second quarter of 2011.

“We executed very well this quarter,” said TrueBlue chief executive officer Steve Cooper. “Our team delivered double-digit growth in revenue and profits. Our services are increasingly relevant to customers who are turning to us as they manage their businesses through this uncertain economic environment. Our disciplined approach to managing our business will continue to drive growth and deliver value over the long term.”