Traeger, Inc. (COOK) Tops Q4 EPS by 7c, Offers Guidance
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Traeger Announces Fourth Quarter and Full Year 2022 Results
March 16, 2023 4:05 PM EDTProvides Guidance For 2023
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, 2022.
Fourth Quarter Results
Total revenues decreased 21.0% to $138.1 million Gross margin of 34.5% or 34.9% excluding $0.6 million of non-recurring restructuring costs Net loss of $28.9 million; net loss of $0.24 per share Adjusted net loss of $8.3 million; adjusted net loss of $0.07 per share Adjusted EBITDA of $7.1... More