TBI Latest Report

Financial Performance Review

Based on the provided financial data, TrueBlue (stock symbol: TBI) had a total operating revenue of $385,953,000 as of December 29, 2024. Without prior data, it is not possible to directly calculate the year-on-year change, but by analyzing the net profit and gross profit performance, it can be inferred that the company may face challenges in revenue generation, especially with a negative net profit, indicating issues in controlling expenses in revenue operations.

Key Financial Data

1. TrueBlue's total operating revenue is $385,953,000, reflecting the size of its core business.

2. The net profit is -$11,705,000, indicating difficulties in converting revenue into profit.

3. The gross profit is $102,547,000, with a sales cost of $283,406,000, resulting in a high sales cost ratio of operating revenue, showing pressure on cost control.

Industry Comparison

1. Industry-wide analysis: In the current economic environment, many companies in the same industry also face challenges in revenue growth, and the overall revenue change of the industry is affected by the economic cycle, market demand, and intensified competition. TrueBlue needs to pay attention to the overall industry trend and its position within it.

2. Peer evaluation analysis: Although TrueBlue's total operating revenue has a certain scale in absolute terms, its profitability is questioned due to the negative net profit and high sales cost. Comparing the revenue, net profit, and cost structure of other companies in the same industry can help assess TrueBlue's competitiveness and relative performance.

Summary

Overall, TrueBlue's operating revenue performance shows a certain scale, but its negative net profit and high sales cost indicate challenges in profitability and cost control. The current market environment and competitive situation may further affect the company's financial performance.

Opportunities

1. With the economic recovery, certain industries such as manufacturing and services may see an increase in hiring demand, providing new business opportunities for TrueBlue.

2. TrueBlue can enhance market competitiveness and improve profit levels by optimizing cost structure and improving service quality.

3. If the company can effectively adjust its market strategy, it can seize the opportunities brought by economic recovery, and future operating revenue is expected to grow.

Risks

1. Uncertainty in the economic environment may lead to a decrease in customer demand, further affecting performance.

2. Intense competition may put pressure on TrueBlue's market share, especially with other human resources solution providers.

3. The negative net profit and high sales cost may limit the company's investment and expansion capabilities in the short term, affecting its long-term growth potential.