Traeger, Inc. (COOK) Tops Q2 EPS by 6c; Raises Outlook

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Go back to Traeger, Inc. (COOK) Tops Q2 EPS by 6c; Raises Outlook

Traeger Announces Second Quarter Fiscal 2023 Results

August 2, 2023 4:10 PM EDT

Increases Revenue and Adjusted EBITDA Outlook for Full Year 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 three months ended June 30, 2023.

Second Quarter FY 23 Results

Total revenues decreased 14.4% to $171.5 million Gross profit margin of 36.9%, up 25 basis points compared to prior year Net loss of $32.9 million compared to a loss of $133.1 million in the prior year Adjusted EBITDA of $21.5 million,... More