Slide 1: Q-2 2011 Results
! Q-2 2011Results TRUEBLUE al: Lele pee
Slide 2: Cautionary Note About Forward-Looking Statements
Cautionary Note About Forward-Looking Statements: 2 This document contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “expects,” “intends,” “projects,” “plans,” “believes,” “estimates,” “targets,” “a
Slide 3: Q-2 2011 Highlights
3 Q-2 2011 Highlights Revenue growth of 12% Growth across most industry groups and geographic regions Operating income growth of 30% Expanding light-industrial footprint with acquisition of A-1 Staffing Purchased nearly 1.2 million shares of common stock starting in Q2 through July 27, 2011; new aut
Slide 4: Financial Summary
4 Financial Summary TrueBlue™ (NYSE:TBI) 2011 Q2 Results **Q-2 2010 Net Income includes an income tax benefit of $1.3 million, or $0.03 per diluted share. Dollar amounts in millions. Some amounts may not sum due to rounding. *See disclosure and reconciliation of EBITDA to net income on page 5 of thi
Slide 5: Reconciliation of EBITDA to Net Income
5 Reconciliation of EBITDA to Net Income *EBITDA is a non-GAAP financial measure which excludes interest, income taxes, depreciation and amortization from net income. EBITDA is a key measure used by management in evaluating performance. EBITDA should not be considered a measure of financial performa
Slide 6: Revenue Trends
Revenue Trends * May 2011 revenue growth would have been 13% excluding large industrial project in May 2010; acquisition growth contributed 1% of revenue growth in June 2011 and .4% in Q-2 2011; Q-3 2011 revenue growth forecast based on midpoint estimate issued July 27, 2011. TrueBlue™ (NYSE:TBI) 20
Slide 7: Gross Margin Change
7 Gross Margin Change TrueBlue™ (NYSE:TBI) 2011 Q2 Results
Slide 8: SG&A Expense Change
8 SG&A Expense Change TrueBlue™ (NYSE:TBI) 2011 Q2 Results
Slide 9: Closing Comments
9 Closing Comments Successful specialized vertical market approach The right investments in talent to facilitate revenue growth We expect Q3 revenue growth to accelerate to about 17% in comparison with Q2 revenue growth of 12% TrueBlue™ (NYSE:TBI) 2011 Q2 Results