Traeger

Traeger Pellet Grills is a manufacturer of wood pellet grills for outdoor cooking. It offers a range of grills, pellets, sauces, spices, rubs, shakes, accessories, grill covers, and pads. Additionally, it provides a digital pro controller, thermostat kit, hot rod, replacement fuses, bucket, auger drive motor, RTD temperature sensor, induction fan, power cord, grilling grate, and smoker control. Its products are used to grill, smoke, bake, roast, braise, and barbeque. These products are available online and through a network of dealers in the United States as well as distributors in Australia, Canada, and New Zealand.

Earnings data Q2 2021

Earnings data Q3 2021

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Earnings data Q3 2022

Earnings data Q4 2022

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Traeger surpasses Q4 sales targets, eyes global expansion amid challenges

Traeger navigated a challenging 2022 by exceeding sales targets, focusing on cost reductions, and enhancing inventory levels. Despite cautious 2023 guidance, the company remains optimistic about long-term growth prospects and brand expansion globally.

Traeger surpasses Q1 revenue targets, eyes growth through innovation

Traeger's Q1 performance exceeded expectations, showcasing resilience amidst challenges. Strategic growth pillars, consumer response to new products, and inventory improvements position Traeger for future success. By focusing on innovation, cost efficiency, and market positioning, Traeger aims to drive growth and seize new opportunities.

Traeger reports Q2 earnings growth, eyes international expansion opportunities

Traeger's Q2 performance saw improved EBITDA and gross margins, despite revenue challenges. Strategic strengths in brand awareness and product innovation position the company well. Challenges include revenue decline and shifting market dynamics, while opportunities exist in international expansion and product growth.

Traeger (COOK) reports robust Q3 performance and eyes international expansion

Traeger's Q3 performance showcased strong sales growth, margin expansion, and improved EBITDA, driven by strategic initiatives. The company remains focused on innovation, brand loyalty, and balancing profitability with growth opportunities amidst a challenging macroeconomic environment.

Traeger surpasses Q4 expectations, eyes growth through innovation and expansion

Traeger's Q4 performance exceeded expectations, showcasing strong growth and profitability. Strategic priorities for 2024 focus on driving brand awareness, product innovation, and global expansion to sustain growth. Despite challenges in the industry, Traeger remains optimistic about its long-term prospects.

Traeger reports solid Q1 results, focuses on innovation and diversification

Traeger's Q1 2024 performance met guidance with strong gross margin expansion.
The company faces challenges from declining grill revenues and soft consumer demand.
Opportunities lie in innovation, diversification, and focus on consumables revenues.
Overall, Traeger remains committed to strategic growth and maintaining gross margin targets.

Traeger reports resilient Q2 performance amidst challenges and growth opportunities

Traeger's Q2 performance reflects resilience with a focus on operational efficiency, strong gross margins, and improved EBITDA, despite challenges in certain segments and regions.
The company's strategic strengths include a healthy balance sheet, adaptability in revenue outlook, and a robust consumer demand for grills.
Challenges such as MEATER sales and regional performance variations highlight areas for improvement, while opportunities in promotions, innovation, and market expansion offer avenues for growth.

Traeger reports robust Q3 earnings, poised for growth opportunities

Traeger delivered strong financial performance in Q3, with revenue growth, margin expansion, and increased guidance for the full year, reflecting a healthy business trajectory.
While facing challenges in certain product lines and revenue streams, Traeger's strategic initiatives and operational efficiencies position the company well for future growth.
By leveraging market demand for affordable grills, enhancing product offerings, and addressing revenue challenges, Traeger can capitalize on opportunities for sustained growth and profitability.

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Traeger, Inc. designs, sells, and supports wood pellet fueled barbeque grills. It specializes in wood pellet grill, an outdoor cooking system that ignites all-natural hardwoods to grill, smoke, bake, roast, braise, and barbeque. The company was founded on August 4, 2017, and is headquartered in Salt Lake City, UT.

Traeger, Inc. (NYSE:COOK ) Q3 2024 Earnings Call November 6, 2024 4:30 PM ET Company Participants Nick Bacchus - Vice President, Investor Relations Jeremy Andrus - Chief Executive Officer Dom Blosil - Chief Financial Officer Conference Call Participants Anna Glaessgen - B. Riley Megan Alexander - Morgan Stanley Dan Stroller - BMO Capital Markets Alexia Morgan - Piper Sandler Peter Benedict - Baird Joe Feldman - Telsey Advisory Group Brian McNamara - Canaccord Phillip Blee - William Blair Operator Hello and welcome to the Traeger Third Quarter 2024 Earnings Conference Call.

Traeger, Inc. (COOK) Q3 2024 Earnings Call Transcript

Although the revenue and EPS for Traeger (COOK) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Here's What Key Metrics Tell Us About Traeger (COOK) Q3 Earnings

Traeger (COOK) came out with a quarterly loss of $0.06 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.12 per share a year ago.

Traeger (COOK) Reports Q3 Loss, Tops Revenue Estimates

SALT LAKE CITY--(BUSINESS WIRE)--Traeger, Inc. ("Traeger" or the "Company") (NYSE: COOK), creator and category leader of the wood pellet grill, today announced its financial results for the three months ended September 30, 2024. Third Quarter FY 24 Highlights Total revenues increased 3.7% to $122.1 million Grill revenues increased 32.5% to $74.9 million Gross margin of 42.3%, up 440 basis points compared to prior year Net loss of $19.8 million compared to net loss of $19.3 million in the prior.

Traeger Announces Third Quarter Fiscal 2024 Results

SALT LAKE CITY--(BUSINESS WIRE)--Traeger, Inc. (“Traeger”) (NYSE: COOK), creator and category leader of the wood pellet grill, today announced that it will release its third quarter fiscal 2024 financial results after market close on Wednesday, November 6, 2024. Management will host a conference call at 4:30 p.m. Eastern Time to discuss its financial results. Those who wish to participate in the call may do so by dialing (833) 470-1428 or +1 (929) 526-1599 for international callers, conference.

Traeger Announces Reporting Date for Third Quarter Fiscal 2024 Financial Results

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Consumer discretionary stocks like CROX, COOK, DDI, RCL and MHK will benefit from the Fed's rate cut.

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If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Traeger (COOK) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Traeger (COOK) Is Attractively Priced Despite Fast-paced Momentum

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Discretionary stocks like Royal Caribbean Cruises Ltd. (RCL), Interface, Inc. (TILE), Cinemark Holdings, Inc. (CNK) and Traeger, Inc. (COOK) are poised to gain once the Fed starts its rate cuts.

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Stocks like DoubleDown Interactive Co., Ltd. (DDI), Acme United Corporation (ACU), Traeger, Inc. (COOK) and Cinemark Holdings, Inc. (CNK) are likely to gain once the Fed starts its rate cuts.

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Traeger (COOK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Traeger (COOK) Upgraded to Buy: Here's What You Should Know

SALT LAKE CITY--(BUSINESS WIRE)--Traeger, Inc. (“Traeger”) (NYSE: COOK), creator and category leader of the wood pellet grill, today announced that Jeremy Andrus, Chief Executive Officer, Dominic Blosil, Chief Financial Officer, and Nick Bacchus, Vice President of Investor Relations, will participate in a fireside chat at the Canaccord Genuity 44th Annual Growth Conference on Tuesday, August 13th at 10:00 AM Eastern Time. There will be a live webcast of the fireside chat and a replay will be av.

Traeger to Participate in the Canaccord Genuity 44th Annual Growth Conference

Traeger, Inc. (NYSE:COOK ) Q2 2024 Earnings Call August 6, 2024 4:30 PM ET Company Participants Nick Bacchus - Vice President, Investor Relations Jeremy Andrus - Chief Executive Officer Dom Blosil - Chief Financial Officer Conference Call Participants Anna Glaessgen - B. Riley Megan Alexander - Morgan Stanley Phillip Blee - William Blair Brian McNamara - Canaccord Genuity Justin Kleber - Baird Peter Keith - Piper Sandler Operator Hello, everyone and welcome to the Traeger Second Quarter Fiscal 2024 Conference Call.

Traeger, Inc. (COOK) Q2 2024 Earnings Call Transcript

The headline numbers for Traeger (COOK) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Traeger (COOK) Q2 Earnings: A Look at Key Metrics

Traeger (COOK) came out with quarterly earnings of $0.06 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.04 per share a year ago.

Traeger (COOK) Meets Q2 Earnings Estimates

SALT LAKE CITY--(BUSINESS WIRE)--Traeger, Inc. ("Traeger" or the "Company") (NYSE: COOK), creator and category leader of the wood pellet grill, today announced its financial results for the three months ended June 30, 2024. Second Quarter FY 24 Highlights Total revenues decreased 1.8% to $168.5 million Grill revenues increased 2.0% to $95.0 million Gross margin of 42.9%, up 600 basis points compared to prior year Net loss decreased 91.5% to $2.6 million Adjusted EBITDA increased 24.9% to $26.8.

Traeger Announces Second Quarter Fiscal 2024 Results

SALT LAKE CITY--(BUSINESS WIRE)--Traeger, Inc. (“Traeger”) (NYSE: COOK), creator and category leader of the wood pellet grill, today announced that it will release its second quarter fiscal 2024 financial results after market close on Tuesday, August 6, 2024. Management will host a conference call that afternoon at 4:30 p.m. Eastern Time to discuss its financial results. Those who wish to participate in the call may do so by dialing (833) 470-1428 or +1 (929) 526-1599 for international callers,.

Traeger Announces Reporting Date for Second Quarter Fiscal 2024 Financial Results

Traeger, Inc. (NYSE:COOK ) Q1 2024 Earnings Conference Call May 8, 2024 4:30 PM ET Company Participants Nick Bacchus - VP, IR Jeremy Andrus - CEO Dom Blosil - CFO Conference Call Participants Simeon Siegel - BMO Capital Markets Peter Benedict - Baird Joe Feldman - Telsey Advisory Group Madison Callinan - Canaccord Genuity Megan Alexander - Morgan Stanley Nick Bacchus Good afternoon, everyone. Thank you for joining Traeger's call to discuss its First Quarter 2024 Results, which were released this afternoon and can be found on our website at investors.traeger.com.

Traeger, Inc. (COOK) Q1 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Traeger (COOK) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Traeger (COOK) Q1 Earnings: A Look at Key Metrics

Traeger (COOK) came out with quarterly earnings of $0.04 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.04 per share a year ago.

Traeger (COOK) Q1 Earnings Match Estimates

SALT LAKE CITY--(BUSINESS WIRE)--Traeger, Inc. ("Traeger" or the "Company") (NYSE: COOK), creator and category leader of the wood pellet grill, today announced its financial results for the three months ended March 31, 2024. First Quarter FY 24 Highlights Total revenues decreased 5.4% to $144.9 million, at the higher-end of guidance of $140 million to $145 million Gross margin of 43.2%, up 700 basis points compared to prior year Net loss of $4.7 million; net loss of $0.04 per share Adjusted net.

Traeger Announces First Quarter Fiscal 2024 Results

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Sanuk Launches Limited-Edition Sauce-Repellent  Footwear for Grill Enthusiasts GOLETA, Calif. , May 7, 2024 /PRNewswire/ -- Just in time for National Barbecue Month, Sanuk ®, a division of Deckers Brands (NYSE: DECK), has joined forces with Traeger, Inc. ("Traeger") (NYSE: COOK), the pioneers of wood-pellet grills, to launch a limited-edition shoe inspired by barbecue culture, the Happy Hour Lite x Traeger.

Get Fired Up: Sanuk and Traeger Cook Up the Ultimate Summer Barbecue Shoe

SALT LAKE CITY--(BUSINESS WIRE)--Traeger, Inc. (“Traeger”) (NYSE: COOK), creator and category leader of the wood pellet grill, today announced that it will release its first quarter fiscal 2024 financial results after market close on Wednesday, May 8, 2024. Management will host a conference call that afternoon at 4:30 p.m. Eastern Time to discuss its financial results. Those who wish to participate in the call may do so by dialing (833) 470-1428 or +1 (929) 526-1599 for international callers, c.

Traeger Announces Reporting Date for First Quarter Fiscal 2024 Financial Results

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