Traeger Announces Fourth Quarter and Full Year 2023 Results
Traeger, Inc. (COOK)
Company Research
Source: Business Wire
Provides Guidance for 2024 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 fourth quarter and year ended December 31, 2023.Fourth Quarter HighlightsTotal revenues increased 18.3% to $163.5 millionGross margin of 36.8%, up 230 basis points compared to prior yearNet loss of $24.0 million; net loss of $0.19 per shareAdjusted net loss of $9.5 million; adjusted net loss of $0.08 per shareAdjusted EBITDA of $13.0 million, up 82% compared to the prior yearFull Year 2023 HighlightsTotal revenues decreased 7.6% to $605.9 million, exceeding prior guidance of $590 million to $600 millionGross margin of 36.9%, up 200 basis points compared to prior yearNet loss of $84.4 million; net loss of $0.68 per shareAdjusted net loss of $27.0 million; adjusted net loss of $0.22 per shareAdjusted EBITDA of $61.1 million, up 47% compared to prior yearCash provided by
Show less
Read more
Impact Snapshot
Event Time:
COOK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
COOK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
COOK alerts
High impacting Traeger, Inc. news events
Weekly update
A roundup of the hottest topics
COOK
News
- Get Fired Up: Sanuk and Traeger Cook Up the Ultimate Summer Barbecue Shoe [Yahoo! Finance]Yahoo! Finance
- Get Fired Up: Sanuk and Traeger Cook Up the Ultimate Summer Barbecue ShoePR Newswire
- Analysts Expect Breakeven For Traeger, Inc. (NYSE:COOK) Before Long [Yahoo! Finance]Yahoo! Finance
- Traeger, Inc. (NYSE: COOK) had its "outperform" rating re-affirmed by analysts at Telsey Advisory Group. They now have a $4.50 price target on the stock.MarketBeat
- 9 Tips for Keeping the Kitchen Clean While Cooking [CNET News]CNET News
COOK
Earnings
- 3/7/24 - Beat
COOK
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- COOK's page on the SEC website