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Stock impact report

Traeger: The Performance Is Cooked, But There Is Hope [Seeking Alpha]

Traeger, Inc. (COOK) 
Company Research Source: Seeking Alpha
Recent quarters show improved EBITDA margins and proactive cost-cutting, but revenues continue to decline and GAAP profitability remains elusive. Project Gravity aims for $50 million in annualized cost savings by 2026 through workforce reductions, channel exits, and operational simplification. Despite some turnaround progress, COOK's high debt, weak demand, and negative cash trends make it uninvestable for now; I am watchlisting, not buying. NRedmond/iStock via Getty Images Introduction Traeger's ( COOK ) performance since its IPO back in 2021 has been nothing but a disaster. Its share price is down over 96% in just 4-5 years, but it looks like there may be something happening in terms of a turnaround. However, it is Show less Read more
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