Traeger, Inc. (COOK) Tops Q1 EPS by 8c

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Go back to Traeger, Inc. (COOK) Tops Q1 EPS by 8c

Traeger Announces First Quarter Fiscal 2022 Results, Reiterates Outlook for Full Year 2022

May 11, 2022 4:05 PM EDT

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 March 31, 2022.

First Quarter FY 22 Highlights

Total revenues decreased 5.0% to $223.7 million Gross profit margin of 37.4% down 530 basis points compared to prior year Net loss of $8.4 million; net loss of $0.07 per share Adjusted net income of $20.0 million; adjusted net income of $0.17 per share Adjusted EBITDA of $30.9 million

"Despite the... More