Business is improving for Tacoma-based temporary labor provider TrueBlue Inc. as the economy shows signs of reawakening, the company reported Wednesday.
Same-branch revenues grew by 15 percent in March, said TrueBlue Chief Executive Officer Steve Cooper in the company’s first quarter earnings release.
Still, the company continued to report a loss. It amounts to $2.3 million, or 5 cents a share.
“The improvement was widespread across nearly every geography and industry we serve outside of construction,” Cooper said. “We are excited about the growth coming from new and existing customers who are expanding their business.”
The company said it expects to break into the black in the second quarter with earnings of 3 to 8 cents a share.
TrueBlue operates temporary staffing offices through several brands, Labor Ready, Spartan Staffing, CLP Resources, PlaneTechs and Center-line.