Traeger, Inc. (NYSE:COOK ) Q4 2024 Earnings Conference Call March 6, 2025 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 Anna Glaessgen - B. Riley Brian McNamara - Canaccord Genuity Peter Keith - Piper Sandler Megan Clapp - Morgan Stanley Operator Good afternoon.
Traeger, Inc. is expected to see revenue and FCF growth due to IoT integration and restructuring efforts, enhancing operational efficiency and market position. The company's strong patent portfolio and unique wood-fired flavor offerings provide a competitive edge in the growing U.S. BBQ grill market. Investments in IoT and app technologies are likely to boost user engagement and revenue, with the IoT kitchen system market projected to grow at 15% CAGR.
Get a deeper insight into the potential performance of Traeger (COOK) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Traeger, Inc. has shown revenue and cash flow improvements despite price cuts, making shares cheaper and suggesting potential for future gains if trends continue. The company reported a 3.7% revenue increase in the latest quarter, driven by a significant rise in grill sales, offset by declines in consumables and accessories. Profitability metrics mostly improved, with EBITDA nearly tripling and adjusted net losses narrowing, although operating cash flow saw a slight decline.
Traeger, Inc. (NYSE:COOK ) Q3 2024 Earnings Call November 6, 2024 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 Anna Glaessgen - B. Riley Megan Alexander - Morgan Stanley Dan Stroller - BMO Capital Markets Alexia Morgan - Piper Sandler Peter Benedict - Baird Joe Feldman - Telsey Advisory Group Brian McNamara - Canaccord Phillip Blee - William Blair Operator Hello and welcome to the Traeger Third Quarter 2024 Earnings Conference Call.
Although the revenue and EPS for Traeger (COOK) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Traeger (COOK) came out with a quarterly loss of $0.06 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.12 per share a year ago.
Consumer discretionary stocks like COOK, LINC, REYN and RCL will benefit from the Fed's big rate cut.
Consumer discretionary stocks like CROX, COOK, DDI, RCL and MHK will benefit from the Fed's rate cut.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Traeger (COOK) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Traeger (COOK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Traeger, Inc. (NYSE:COOK ) Q2 2024 Earnings Call August 6, 2024 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 Anna Glaessgen - B. Riley Megan Alexander - Morgan Stanley Phillip Blee - William Blair Brian McNamara - Canaccord Genuity Justin Kleber - Baird Peter Keith - Piper Sandler Operator Hello, everyone and welcome to the Traeger Second Quarter Fiscal 2024 Conference Call.