Welcome to our dedicated page for Traeger news (Ticker: COOK), a resource for investors and traders seeking the latest updates and insights on Traeger stock.
Traeger, Inc. (NYSE: COOK) is a Salt Lake City–based manufacturer best known for Traeger Grills, which it describes as the creator and category leader of the wood pellet grill. The company’s news flow offers detailed insight into how it manages its outdoor cooking platform, which includes wood pellet grills, griddles, wood pellets, rubs, sauces, accessories, and MEATER smart thermometers.
On this page, readers can follow Traeger’s earnings announcements and financial updates, where the company reports revenue by grills, consumables, and accessories, along with gross margin, net loss, and Adjusted EBITDA. These releases also discuss trends across North America and Rest of World segments, as well as the impact of tariffs, supply chain changes, and demand patterns on the business.
Traeger’s news also covers strategic initiatives such as Project Gravity, a multi-step optimization plan described in SEC filings and press releases. Updates explain how Phase 1 and Phase 2 actions—centralizing operations, workforce reductions, channel optimization, and pellet mill consolidation—are expected to generate significant annualized cost savings and reshape the company’s operating model.
Product announcements are another key component of Traeger’s news. Recent releases highlight the expansion of the griddle lineup, including the Flatrock 2 Zone, which builds on the earlier Flatrock 3 Zone and is positioned as broadening the outdoor cooking experience. Regulatory and listing updates, such as the NYSE notice regarding minimum share price requirements, are also reported in Traeger’s news, providing context for investors tracking COOK stock. This page brings these developments together so readers can review Traeger’s latest reported results, strategic updates, and product news in one place.
Traeger, Inc. (NYSE: COOK) has unveiled its new Timberline grill, emphasizing consistency, convenience, and versatility. This advanced grill incorporates a smart combustion system for precision temperature control, along with features like a full-color touchscreen and WiFIRE technology for remote monitoring. Priced at
Traeger, Inc. (NYSE: COOK) announced a public livestream on March 30, 2022, at 12:30 PM ET, showcasing the future of outdoor cooking. This event will be available on Traeger’s Facebook and YouTube pages, with recorded access for those who cannot attend. As the leader in wood pellet grills, Traeger offers versatile cooking options that appeal to all skill levels, enhanced by their wood pellets, rubs, sauces, and meal kits.
Traeger, Inc. (NYSE: COOK) reported a 30.8% revenue increase in Q4 2021, totaling $174.9 million. However, the net loss was $33.7 million ($0.29 per share). For the full year, total revenues reached $785.5 million, up 43.9%, yet the net loss widened to $88.8 million ($0.79 per share). The company projects 2022 revenues of $800-$850 million due to anticipated inflation and geopolitical turmoil affecting consumer sentiment.
Despite challenges, Traeger remains optimistic about long-term growth and market penetration.
Traeger, Inc. (NYSE: COOK) will release its fourth quarter and full year 2021 financial results after market close on March 23, 2022. A conference call will be held at 4:30 p.m. ET the same day to discuss these results. Investors can join the call by dialing (646) 904-5544 or (929) 526-1599 for international participants, using conference ID 606484. A replay will be available post-call until March 31, 2022. Traeger is known for its wood pellet grills and related cooking products, emphasizing versatility and flavor.
Traeger, Inc. (NYSE: COOK), the wood pellet grill leader, will participate in a fireside chat at the 24th Annual ICR Conference on January 10, 2022, at 11:30 am ET. The chat will be led by CEO Jeremy Andrus and CFO Dominic Blosil, and will be available for live streaming on the company's Investor Relations website. Traeger specializes in versatile, wood-fired cooking systems that allow users to grill, smoke, bake, roast, and barbecue.
Traeger, Inc. (COOK) reported a 11.7% increase in total revenue for Q3 FY21, totaling $162.0 million. The gross profit margin dropped to 33.5% from 45.3% due to rising freight and logistics costs. A significant net loss of $89.2 million was attributed to equity-based compensation linked to the IPO. Adjusted EBITDA stood at $4.1 million. The company maintains its revenue guidance of $760 million to $770 million for FY21 despite ongoing supply chain challenges. Traeger launched a direct-to-consumer meal offering, Traeger Provisions, aiming for enhanced market opportunities.
Traeger Grills (NYSE: COOK) launched Traeger Provisions, a new cooking experience offering meal boxes with premium ingredients and instructions for easy preparation. These boxes cater to 4-16 people and include options like Wagyu beef brisket and Berkshire St. Louis ribs, priced between
Traeger, Inc. (NYSE: COOK) will announce its third quarter 2021 financial results on November 15, 2021, post-market. A conference call will follow at 4:30 p.m. Eastern Time to discuss these results. Interested parties can join the call by calling (646) 904-5544 or (844) 200-6205, with conference ID 745763. A replay will be available until November 19, 2021. Traeger, based in Salt Lake City, is known for its wood pellet grills, enabling versatile outdoor cooking options.
Traeger, Inc. (COOK) reported a 39.1% revenue increase for Q2 FY21, totaling $213 million, despite a net loss of $4.9 million. The gross margin stood at 39.1%, down from 43.5% the previous year due to rising shipping costs and currency fluctuations. Key growth areas included grills (up 40.1%) and accessories (up 64.8%). The company also acquired Apption Labs to expand its connected cooking platform. For FY21, Traeger expects revenues between $760 million and $770 million, with adjusted EBITDA between $103 million and $108 million, indicating a commitment to long-term growth amidst supply chain challenges.
Traeger, Inc. (NYSE: COOK) will announce its second quarter fiscal 2021 financial results after market close on September 9, 2021. Management will conduct a conference call at 4:30 p.m. Eastern Time to discuss these results. Participants can join by calling (646) 904-5544, with an international option available. A replay of the call will be accessible for a week after the event. Traeger, a leader in wood pellet grills, emphasizes the versatility of its products, allowing users to grill, smoke, bake, roast, braise, and barbecue.
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