Traeger, Inc.·Consumer Cyclical

Traeger NYSE: COOK executives said the outdoor cooking company entered its peak selling season with stronger-than-expected sell-through trends, new lower-priced product launches and continued benefits from its multi-year cost reduction program, even as first-quarter revenue fell sharply from a year earlier.

Traeger, Inc. (COOK) Q1 2026 Earnings Call Transcript

Traeger (COOK) came out with quarterly earnings of $1.49 per share, beating the Zacks Consensus Estimate of a loss of $2.7 per share. This compares to earnings of $2.5 per share a year ago.

Although the revenue and EPS for Traeger (COOK) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

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 March 31, 2026. First Quarter 2026 Results Total revenues decreased 34.3% to $94.1 million Grill revenues decreased 45.4% to $47.4 million Net income of $2.9 million or $1.08 per diluted share1 Adjusted EBITDA of $17.3 million Operating cash flow of $17.9 million and free cash flow of $14.

Get a deeper insight into the potential performance of Traeger (COOK) for the quarter ended March 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
Traeger, Inc., together with its subsidiaries, designs, sources, sells, and supports wood pellet fueled barbeque grills for retailers, distributors, and direct to consumers in the United States. Its wood pellet grills are internet of things devices that allow owners to program, monitor, and control their grill through its Traeger app. The company also produces a library of digital content, including instructional recipes and videos that demonstrate tips, tricks, and cooking techniques that empower Traeger owners to progress their cooking skills; and short- and long-form branded content highlighting stories, community members, and lifestyle content from the Traegerhood. In addition, it provides wood pellets that are used to fire the grills; rubs and sauces, seasonings, and marinades; covers, drip trays, bucket liners, and shelves; tools to aid in meal prep, cooking, and cleanup, including pellet storage systems, cleaning solutions, barbecue tools, and MEATER smart thermometer; replacement parts; and apparel and merchandise. The company was incorporated in 2017 and is headquartered in Salt Lake City, Utah.
Consumer Cyclical
Furnishings, Fixtures & Appliances
665
2021-07-29
1.78