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

Earnings data Q2 2022

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Morgan Stanley analyst John Glass lowered the price target on Traeger Inc (NYSE: COOK) to $10 from $26 and maintained an Equal Weight rating on the shares. The revised price target implies a 31.23% upside.

Read How Analysts Reacted To This Wood Pellet Grill Maker's Q4 Results

Revenue growth is expected to be tepid in 2022.

Here's Why Traeger Stock Was Hit Hard Today

Traeger Inc.'s stock is down almost 16% in early trading Thursday (March 24) after the grill maker said in a Wednesday (March 23) press release that it's anticipating lower sales for fiscal 2022 because of inflation, lower customer confidence and tighter margins. Traeger lost $33.7 million in the fourth quarter of fiscal 2021, compared to a […]

Traeger Stock Down Almost 16% After Grill Maker Predicts Sales Drop

SALT LAKE CITY--(BUSINESS WIRE)--Traeger, Inc. (“Traeger”) (NYSE: COOK), creator and category leader of the wood pellet grill, today announced that it will host a public livestream on March 30, 2022, at approximately 12:30PM ET revealing the future of outdoor cooking. For more information, and to sign up for reminders, visit https://www.traeger.com/summit-2022. The livestream will also be hosted on Traeger's Facebook and YouTube pages. For those unable to attend, the recorded livestream will be

Traeger Announces Date for Upcoming Product Release

Traeger, Inc. (COOK) CEO Jeremy Andrus on Q4 2021 Results - Earnings Call Transcript

Shares of Traeger Inc. COOK, -4.56% fell more than 11% in the extended session Wednesday after the grill maker reported fourth-quarter results above Wall Street expectations but guided for lower sales, saying it is feeling the pinch of inflation, dimmer consumer confidence and thinner profit margins. Traeger said it lost $33.7 million, or 29 cents a share, in the quarter, compared with losses of $3.3 million, or 3 cents a share, in the fourth quarter of last year.

Traeger stock falls more than 11% after grilll maker calls for leaner sales this year

Traeger Inc (NYSE: COOK) shares are trading lower in Wednesday's after-hours session after the company reported earnings results. Traeger said fourth-quarter revenue increased 30.8% year-over-year to $174.9 million, which beat the $157.19 million estimate.

Why Traeger Shares Are Getting Burned After Hours

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, 2021. Fourth Quarter Highlights Total revenues increased 30.8% to $174.9 million Gross profit margin of 37.4%, down 80 basis points compared to prior year Net loss of $33.7 million; net loss of $0.29 per share Adjusted net income of $3.6 million; adjusted net income

Traeger Announces Fourth Quarter and Full Year 2021 Results Provides Guidance For 2022

Traeger invented the wood pellet grill, which is an outdoor cooking device that uses all-natural hardwoods to grill, smoke, bake, roast, braise, and barbecue.

Traeger: Tasty Undervalued Grill Company

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 2021 financial results after market close on Wednesday, March 23, 2022. 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 (646) 904-5544 or (929) 526-1599 for international ca

Traeger Announces Reporting Date for Fourth Quarter and Full Year 2021 Financial Results

SALT LAKE CITY--(BUSINESS WIRE)--Traeger, Inc. (“Traeger”) (NYSE: COOK), creator and category leader of the wood pellet grill, today announced that the Company is scheduled to participate in a fireside chat at the 24th Annual ICR Conference, held virtually, on Monday, January 10, 2022, at 11:30 am Eastern Time. Chief Executive Officer, Jeremy Andrus, and Chief Financial Officer, Dominic Blosil, will participate in the fireside chat. The fireside chat will be webcast live over the internet and c

Traeger Announces Participation in the 24th Annual ICR Conference

"Our inventory is big and heavy ... so we are particularly sensitive to transportation costs," Traeger CEO Jeremy Andrus told CNBC's Jim Cramer.

Cost of shipping a container from Asia jumped over 500% since last year, Traeger Grills CEO says

Investors might have found the company's flip into the red on the bottom line distasteful.

Why Traeger Sank by Almost 16% Today

Traeger's (COOK) CEO Jeremy Andrus on Q3 2021 Results - Earnings Call Transcript

SALT LAKE CITY--(BUSINESS WIRE)--Traeger, Inc. ("Traeger") (NYSE:COOK), creator and category leader of the wood pellet grill, today announced its financial results for the three months ended September 30, 2021. Third Quarter FY 21 Highlights Total revenue of $162.0 million Gross profit margin of 33.5% Net loss of $89.2 million Adjusted net loss of $6.5 million Adjusted EBITDA of $4.1 million "We are very pleased with our third quarter revenue performance as we continue to drive strong momentum

Traeger Announces Third Quarter Fiscal 2021 Results

Sonos

Today, we explore a few new-age retailers trading well below their highs heading into their upcoming earnings reports. The stocks also happen to trade between $20 to $35 a share.

Buy These Growth-Focused Stocks Before Earnings and Hold for Years?

Traeger Inc (NYSE: COOK) has launched Traeger Provisions meal boxes, a home-cooking experience providing high-quality ingredients and special instructions. The all-inclusive meal boxes serve four to 16 people and are available in the continental U.S.

Traeger Launches 'Traeger Provisions' Meal Boxes

Grill manufacturer Traeger is adding a meal kit line as the company looks to expand well beyond its core business of wood pellet grills.

Traeger is now selling brisket and rib meal boxes as it looks to expand beyond grills

SALT LAKE CITY--(BUSINESS WIRE)--Traeger has announced the launch of Traeger Provisions, an elevated home-cooking experience.

Traeger Extends Brand Offering With the Launch of ‘Traeger Provisions' Meal Boxes

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 2021 financial results after market close on Monday, November 15, 2021. 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 (646) 904-5544 or (844) 200-6205 for international callers, conferen

Traeger Announces Reporting Date for Third Quarter Fiscal 2021 Financial Results

Weber

Discussing two companies in the grilling industry and their opportunities and challenges ahead.

Should You Take a Stake in the Business of Outdoor Grilling?

Investors didn't seem to be impressed by the grill maker's latest fundamentals.

Why Traeger Stock Got Smoked Today

Dave & Buster's

Friday looks poised to be a positive day.

2 Stocks to Watch in a Strong Market

Traeger Inc. stock fell more than 7% in the late session Thursday after the grill maker swung to a GAAP quarterly loss in its first financial snapshot after becoming public in July.

Earnings Results: Traeger stock falls 7% after first quarterly results since IPO

SALT LAKE CITY--(BUSINESS WIRE)--Traeger, Inc. ("Traeger") (NYSE: COOK), creator and category leader of the wood pellet grill, today announced its financial results for the three-month period ended June 30, 2021. Second Quarter FY 21 Highlights Total revenue grew 39.1% to $213.0 million as compared to the second quarter last year Gross margin of 39.1% Net loss of $4.9 million Adjusted EBITDA of $26.9 million "We are extremely pleased and energized by the momentum in our business as we continue

News for Traeger Stock (COOK)