Traeger is a high-risk, high-reward turnaround play, now trading at deep value after a 55% share price drop due to tariff and economic uncertainty. Despite modest revenue declines, profitability metrics have improved, with better margins and cost controls offsetting lower average selling prices. Management is actively mitigating tariff exposure by shifting production, raising prices, and streamlining operations, but near-term volatility remains high.
The headline numbers for Traeger (COOK) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Traeger (COOK) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.04 per share a year ago.
Traeger (COOK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Telsey Advisory Group analyst Joseph Feldman downgraded Traeger, Inc. COOK to Market Perform from Outperform, lowering the price forecast to $2.50 from $4.00.
The headline numbers for Traeger (COOK) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Traeger (COOK) came out with quarterly earnings of $0.01 per share, in line with the Zacks Consensus Estimate. This compares to loss of $0.08 per share a year ago.
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.