TACOMA, Wash. (AP) _ TrueBlue Inc. (TBI) on Monday reported a first-quarter loss of $150.5 million, after reporting a profit in the same period a year earlier.
The Tacoma, Washington-based company said it had a loss of $4.04 per share. Losses, adjusted for one-time gains and costs, were 1 cent per share.
The blue-collar temporary staffing company posted revenue of $494.3 million in the period.
TrueBlue shares have dropped 38% since the beginning of the year. In the final minutes of trading on Monday, shares hit $15.02, a drop of 39% in the last 12 months.