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 Q1 2024

Traeger reports strong Q1 earnings, focuses on strategic growth

Traeger's Q1 2023 performance exceeded expectations, with strong revenues and adjusted EBITDA. The company faces challenges in the grill business and lower consumer demand but is focused on strategic growth pillars and nimble operations. Opportunities lie in strong product performance, potential growth in 2024, and gaining shelf and floor space with retail partners.

Traeger reports better-than-expected Q2 results and focuses on strategic growth pillars

Traeger's Q2 earnings call highlighted improved financial performance, a focus on strategic growth pillars, and challenges related to inventory management and net loss. Despite revenue decline, the company increased full-year guidance and aims to capitalize on opportunities in the griddle and wood pellet categories.

Traeger reports robust Q3 performance, eyes international expansion for growth

Traeger's Q3 performance was strong, with increased sales and gross margin expansion. The company is cautious about 2024 due to macroeconomic pressures but remains focused on strategic growth pillars and international expansion.

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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.

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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

The headline numbers for Traeger (COOK) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

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

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.

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