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TrueBlue: 2Q Earnings Snapshot

July 29, 2019

TACOMA, Wash. (AP) _ TrueBlue Inc. (TBI) on Monday reported second-quarter earnings of $19.4 million.

The Tacoma, Washington-based company said it had profit of 49 cents per share. Earnings, adjusted for one-time gains and costs, were 64 cents per share.

The blue-collar temporary staffing company posted revenue of $588.6 million in the period.

For the current quarter ending in October, TrueBlue expects its per-share earnings to range from 61 cents to 71 cents.

The company said it expects revenue in the range of $613 million to $638 million for the fiscal third quarter.

TrueBlue shares have increased slightly more than 1% since the beginning of the year. In the final minutes of trading on Monday, shares hit $22.53, a decrease of 18% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TBI at https://www.zacks.com/ap/TBI

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