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Stock impact report

Traeger Announces Third Quarter Fiscal 2025 Results

Traeger, Inc. (COOK) 
Company Research Source: Business Wire
Now Targeting $50 million in Annualized Cost Savings from Project GravityReiterates FY25 Revenue, Gross Margin and Adjusted EBITDA Guidance 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 September 30, 2025.Third Quarter FY25 HighlightsTotal revenues increased 2.7% to $125.4 millionGrill revenues increased 2.2% to $76.6 millionNet loss of $89.8 million compared to net loss of $19.8 million in the prior year, inclusive of a $74.7 million goodwill impairmentAdjusted EBITDA of $13.8 million, up 11.8% from $12.3 million in the prior yearTargeting $20 million of Project Gravity Phase 2 run-rate savings, for a total annualized savings target of $50 millionJeremy Andrus, CEO of Traeger, commented, "I am pleased with our third quarter results, having achieved growth in both revenues and Adjusted EBITDA. Our performance demonstrates Show less Read more
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