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

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

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 ) Q4 2023 Earnings Conference Call March 7, 2024 4:30 PM ET Company Participants Nick Bacchus - VP, IR Jeremy Andrus - CEO Dom Blosil - CFO Conference Call Participants Megan Alexander - Morgan Stanley Brian McNamara - Canaccord Justin Kleber - Baird Joe Feldman - Telsey Advisory Group Operator Good afternoon, ladies and gentlemen. Thank you for joining today's Traeger Fourth Quarter and Full Year 2023 Conference Call.

Traeger, Inc. (COOK) Q4 2023 Earnings Call Transcript

Although the revenue and EPS for Traeger (COOK) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Traeger (COOK) Reports Q4 Earnings: What Key Metrics Have to Say

Traeger (COOK) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.07 per share a year ago.

Traeger (COOK) Reports Q4 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 fourth quarter and year ended December 31, 2023. Fourth Quarter Highlights Total revenues increased 18.3% to $163.5 million Gross margin of 36.8%, up 230 basis points compared to prior year Net loss of $24.0 million; net loss of $0.19 per share Adjusted net loss of $9.5 million; adjusted net loss of $0.08 pe.

Traeger Announces Fourth Quarter and Full Year 2023 Results

Evaluate the expected performance of Traeger (COOK) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Curious about Traeger (COOK) Q4 Performance? Explore Wall Street Estimates for Key Metrics

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 fourth quarter and full year 2023 financial results after market close on Thursday, March 7, 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 c.

Traeger Announces Reporting Date for Fourth Quarter and Full Year 2023 Financial Results

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SALT LAKE CITY--(BUSINESS WIRE)--Traeger, Inc. (“Traeger”) (NYSE: COOK), creator and category leader of the wood pellet grill, today announced that the company will be participating in the Morgan Stanley Global Consumer & Retail Conference in New York City. Jeremy Andrus, Chief Executive Officer, Dominic Blosil, Chief Financial Officer, and Nick Bacchus, Vice President of Investor Relations, will participate in a fireside chat that is scheduled to begin at 10:15 a.m. EST on Tuesday, Decembe.

Traeger Announces Participation in the Morgan Stanley Global Consumer & Retail Conference

Traeger, Inc. (NYSE:COOK ) Q3 2023 Earnings Conference Call November 8, 2023 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 Peter Benedict - Baird Simeon Siegel - BMO Capital Markets Peter Keith - Piper Sandler Joe Feldman - Telsey Advisory Group Brian McNamara - Cannacord Genuity Operator Hello, everyone, and thank you for joining us today. Welcome to the Traeger Third Quarter Fiscal 2023 Earnings Conference Call.

Traeger, Inc. (COOK) Q3 2023 Earnings Call Transcript

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, 2023. Third Quarter FY 23 Highlights Total revenues increased 25.5% to $117.7 million Gross profit margin of 37.9%, up 1,120 basis points compared to prior year Net loss of $19.3 million compared to net loss of $211.1 million compared to the prior year Adjusted EBITDA of $4.7.

Traeger Announces Third Quarter Fiscal 2023 Results

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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 2023 financial results after market close on Wednesday, November 8, 2023. 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 (646) 904-5544 for international calle.

Traeger Announces Reporting Date for Third Quarter Fiscal 2023 Financial Results

Traeger, Inc. designs and sells outdoor grills for consumer use, including wood pellet and gas grills. The global market for barbeque grills is expected to reach $7.0 billion by 2030, driven by social gatherings and younger demographics. Traeger has produced declining revenue and continued operating losses.

Traeger Finds Destocking Coming To An End

SALT LAKE CITY--(BUSINESS WIRE)--Traeger, Inc. ("Traeger" or the "Company") (NYSE: COOK), creator and category leader of the wood pellet grill, today announced corrections to its press release issued August 2, 2023, announcing the Company's unaudited financial results for the second quarter ended June 30, 2023. The corrections to the financials presented in the press release are non-cash, and do not change the Company's revenues, Adjusted net income, or Adjusted EBITDA. The corrections do not c.

CORRECTING and REPLACING Traeger Announces Second Quarter Fiscal 2023 Results

Traeger, Inc., a company known for its wood pellet grills, went public in 2021 but has faced challenges due to the reversal of pandemic trends. The company saw strong growth in 2021, but experienced a slowdown in sales in 2022 as well as experienced huge margin pressure. Despite some signs of improvement, the company's financial performance remains underwhelming and realistically lossmaking.

Traeger Stock: Not Touching Here

The outdoor cooking brand reported improving revenue trends. The loss on the bottom line also improved significantly over the year-ago quarter.

Why Traeger Stock Skyrocketed Thursday

Traeger (NYSE: COOK ) stock is rising higher on Thursday after releasing its earnings report for the second quarter of 2023! The good news for COOK stock starts with its adjusted earnings per share of 4 cents.

Why Is Traeger (COOK) Stock Up 28% Today?

Traeger, Inc. (NYSE:COOK ) Q2 2023 Results Conference Call August 2, 2023 4:30 PM ET Company Participants Nick Bacchus - Vice President of Investor Relations Jeremy Andrus - Chief Executive Officer Dom Blosil - Chief Financial Officer. Conference Call Participants Simeon Siegel - BMO Capital Markets Peter Benedict - Baird Joseph Feldman - Telsey Advisory Group Randy Konik - Jefferies Brian McNamara - Canaccord Genuity Operator Hello, and welcome to the Traeger Second Quarter Fiscal 2023 Earnings Conference Call.

Traeger, Inc. (COOK) Q2 2023 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 June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Traeger (COOK) Reports Q2 Earnings: What Key Metrics Have to Say

Traeger (COOK) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. This compares to earnings of $0.04 per share a year ago.

Traeger (COOK) Q2 Earnings and Revenues Beat Estimates

Traeger reported higher-than-expected revenue in its latest quarter on Wednesday as additional price hikes helped offset a drop in units sold due to lower consumer demand for its grills.

Traeger stock rallies 21% after company beats Q1 sales expectations

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, 2023. Second Quarter FY 23 Results Total revenues decreased 14.4% to $171.5 million Gross profit margin of 36.9%, up 25 basis points compared to prior year Net loss of $32.9 million compared to a loss of $133.1 million in the prior year Adjusted EBITDA of $21.5 million, up from $1.

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