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TrueBlue Reports Third Quarter Results

TrueBlue News Release (10/23/13)

TrueBlue Inc. reported revenue of $451 million in the third quarter of 2013, up 19% from $379 million in last year’s third quarter. It also reported net income of $19 million, up 33% from $14.3 million in the third quarter of 2012.

“This quarter’s results reflect the successful execution of our growth strategies, which include blending strong organic growth with acquisitions that increase our share of the blue collar job market,” TrueBlue’s chief executive officer, Steve Cooper, said. “In addition to the strong organic revenue growth we have achieved so far this year, the acquisitions we closed in 2013 will add approximately $300 million of go-forward annual revenue.”