Traeger (COOK) Plunges on High Costs, Analysts Remain Positive
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Traeger Announces Second Quarter Fiscal 2021 Results Provides Outlook for Full Year 2021
September 9, 2021 4:05 PM EDTÂ
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 to disrupt the... More
