FINANCIALS: US recruiter TrueBlue reports dip in revenue

US blue collar recruiter TrueBlue has reported a slight decrease in revenue for Q1 2019.

The group’s Q1 2019 results reveal revenue of $552m (£425.4m), marginally down on revenue reported for the first quarter of 2018 ($554m). Net income per diluted share was $0.21, a decrease of 5%, compared to $0.22 in Q1 2018.

Elaborating on the group’s performance, CEO Patrick Beharelle said: “Our revenue trend improved from the prior quarter despite challenging weather conditions, and bottom line results exceeded our expectation.

“PeopleReady delivered its fourth consecutive quarter of revenue growth and our focus on reducing cost of services produced our 13th consecutive quarter of consolidated gross margin expansion.

“We see a favourable market for human capital services and are pleased with both the progress and opportunity associated with our strategies. 

“Our JobStack and Affinix technologies are leading our business into a digital future. JobStack dispatches continue to increase and we are accelerating our deployment of Affinix. We remain focused on organic growth, disciplined cost management and returning capital to shareholders.”

The group estimates revenue for Q2 2019 will range from $606m to $623m with net income per diluted share ranging from $0.39 to $0.46.

• Comment below on this story. You can also tweet us to tell us your thoughts or share this story with a friend. Our editorial email is

Recruiters upbeat on British Steel workers’ prospects

Recruiters are reasonably confident on the job prospects of workers whose jobs are potentially under threat by British Steel entering liquidation.

23 May 2019

Samuel Knight appoints new chairman as group expands in the US

Samuel Knight International has appointed former SThree global mergers and acquisitions adviser James Barbour-Smith (pictured) as chairman.

People 23 May 2019


This week’s launches include: Acorn, Connect Appointments, Fircroft, GLAA, La Fosse Associates, Movement to Work, Talent International, Williams Munroe

New to Market 21 May 2019


This week’s appointments include: Airswift, Bullhorn, Europa Worldwide Group, GatenbySanderson, The AA, Xpertise Recruitment

People 20 May 2019