Trueblue, Inc. · NYSE:TBI
Trueblue — Non-Deal Roadshow (August 2025)
21 slides from Trueblue's roadshow presentation, Aug 4, 2025
Slide 1: August 2025 Investor Roadshow Presentation
August 2025 Investor Roadshow Presentation
Slide 2: Forward-Looking Statements
2 Forward-Looking Statements This presentation contains forward-looking statements relating to our plans and expectations including, without limitation, statements regarding the future performance and operations of our business, expectations regarding stabilization in demand, and expected growth fro
Slide 3: Investment Highlights
3 Investment Highlights Return of Capital Market leader in U.S. staffing and global RPO with increasingly diverse service offerings to meet evolving client needs Highly fragmented industry with strong secular growth drivers Strong balance sheet and cash flow to support future growth opportunities an
Slide 4: TrueBlue: Leader in U.S. Staffing and Global Recruitment Process Outsourcing
4 TrueBlue: Leader in U.S. Staffing and Global Recruitment Process Outsourcing Total talent ecosystem delivering full spectrum of digitally-enabled, specialized workforce solutions Our Mission: Connecting people and work Company Overview Leading provider of specialized workforce solutions, transfo
Slide 5: Solving workforce challenges
5 Solving workforce challenges Companies turn to human capital experts with innovative workforce solutions to solve growing talent challenges A robust value proposition with high-touch, specialized, digitally enabled solutions for staffing and recruitment process outsourcing. Workforce Complexity Ma
Slide 6: Total addressable market of ~$90 billion
6 Total addressable market of ~90 billon1 U.S. Temporary Industrial & Healthcare Staffing: Large market with strong secular tailwinds Global RPO: High margin and poised for growth Highly fragmented and benefits players of scale Digital adoption expands the growth potential Unique growth opport
Slide 7: Deep vertical expertise serving critical end markets & a diversified client base
7 Deep vertical expertise serving critical end markets & a diversified client base Manufacturing 25% Transportation 20% Construction 14% Retail 11% Energy 9% Professional Services 8% Hospitality 6% Healthcare 1% Other 6% 2024 Revenue by Vertical Political climate favoring investments in domestic man
Slide 8: Portfolio of leading brands delivering scalable, specialized workforce solutions
8 Portfolio of leading brands delivering scalable, specialized workforce solutions Contingent, on-site industrial staffing and commercial driver services On-demand general and skilled labor for industrial jobs Professional and specialized talent solutions including RPO, talent advisory and healthcar
Slide 9: Strong position to capitalize on growth opportunities
9 Strong position to capitalize on growth opportunities People 4,000+ talented, dedicated and mission driven people Experience 35+ years of industry expertise and deep client relationships Technology Sophisticated technology providing a differentiated user experience and enabling sales Market Presen
Slide 10: Omnichannel Workforce Delivery—connecting employers and talent across the U.S.
10 Omnichannel Workforce Delivery—connecting employers and talent across the U.S. Layered for coverage and built for growth — meeting employers and talent wherever they are and wherever they are going Localized staffing support through ~500 branches nationwide, connecting businesses with talent in t
Slide 11: Strategic, scalable RPO solutions for global talent needs
11 Strategic, scalable RPO solutions for global talent needs Offerings that combine global scale, role-specific precision & creative workforce strategies trusted by leading employers worldwide Digitally-Enabled RPO Capabilities Full-Cycle RPO Comprehensive recruitment support from requisition throug
Slide 12: Executing on a clear growth strategy in a massive untapped market
12 Executing on a clear growth strategy in a massive untapped market Drive competitive advantage through proprietary innovation Enhance client and talent engagement through data and automation Unlock enterprise efficiency of scale Enhance sales model to drive scalable growth Elevate sales
Slide 13: Accelerating digital transformation across the enterprise
13 Accelerating digital transformation across the enterprise Drive competitive advantage through proprietary innovation • Extend the reach of digitally enabled staffing and recruitment solutions to support scalable growth, cost efficiency and margin expansion Enhance client and talent engagement thr
Slide 14: Expanding our share in attractive end markets
14 Expanding our share in attractive end markets Expand in high-growth and under-penetrated end markets and high-value roles • Strong position to capture further growth opportunities in energy work with a proven track record of success • Focused growth in attractive end markets like healthcare Capit
Slide 15: Optimizing our sales function to accelerate growth and capture demand
15 Optimizing our sales function to accelerate growth and capture demand Enhance sales model to drive scalable growth Leverage strengths and synergies to deliver profitable growth Elevate sales capabilities to capture demand Increase collaboration across well-established brands with deep expertise U
Slide 16: Delivering efficiencies and enhancing long-term profitability
16 Delivering efficiencies and enhancing long-term profitability $501 $411 2022 SG&A 2024 SG&A Simplify organizational structure Enhance automation and technology Drive operational efficiencies Increase scalability and leverage *Amounts in millions Optimized fixed cost base drives high incremental m
Slide 17: Strong balance sheet with ample liquidity
17 Strong balance sheet with ample liquidity $0 $0 $0 -$8 $294 $293 $86 $119 $50 $72 $62 $22 2021 2022 2023 2024 Debt Borrowing availability Cash *Amounts in millions 1 $17 $61 $34 $21 2% 6% 5% 4% -20% -15% -10% -5% 0% 5% 10% 0 10 20 30 40 50 60 70 80 90 100 2021 2022 2023 2024 Share Repurchases Buy
Slide 18: Focused capital strategy: Investing in technology and returning excess capital to shareholders
18 Focused capital strategy: Investing in technology and returning excess capital to shareholders Net debt reductions 8% Share repurchases 51%Capital expenditures 41% (2020 - 2024) Historical use of capitalCapital allocation priorities Strategic technology investments to further digitalize our bus
Slide 19: Leadership with deep expertise
Leadership with deep expertise Taryn Owen President and Chief Executive Officer Carl Schweihs EVP and Chief Financial Officer Kristy Willis EVP and President, PeopleReady Rick Betori EVP and President, PeopleSolutions Jerry Wimer SVP and President, PeopleManagement Garrett Ferencz EVP and Chief Lega
Slide 20: TrueBlue Highlights
TrueBlue Highlights 20 Mission Driven Connecting People and Work
Slide 21: true
true ‘THE PEOPLE COMPRNY™