Traeger Announces First Quarter Fiscal 2024 Results [Yahoo! Finance]
Traeger, Inc. (COOK)
Company Research
Source: Yahoo! Finance
and category leader of the wood pellet grill, today announced its financial results for the three months ended March 31, 2024. First Quarter FY 24 Highlights Total revenues decreased 5.4% to $144.9 million, at the higher-end of guidance of $140 million to $145 million Gross margin of 43.2%, up 700 basis points compared to prior year Net loss of $4.7 million; net loss of $0.04 per share Adjusted net income of $4.7 million; adjusted net income of $0.04 per share Adjusted EBITDA of $24.4 million, up 11.2% compared to prior year Reiterates FY 2024 guidance "In the first quarter, we executed on our plan and delivered revenue and Adjusted EBITDA results at the high-end of our guidance range," said Jeremy Andrus, Chief Executive Officer of Traeger. "As we anticipated, consumer demand for grills remained soft in the first quarter. Despite facing a challenging demand backdrop for our category, our first quarter results demonstrate our commitment to financial and operational imp
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COOK
Earnings
- 5/8/24 - Beat
COOK
Sec Filings
- 5/9/24 - Form 10-Q
- 5/8/24 - Form 8-K
- 5/3/24 - Form 4
- COOK's page on the SEC website