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Traeger, Inc. - COOK STOCK NEWS

Welcome to our dedicated page for Traeger news (Ticker: COOK), a resource for investors and traders seeking the latest updates and insights on Traeger stock.

Traeger, Inc. (symbol: COOK) is a leading company in the outdoor cooking industry, renowned for its innovative wood pellet grills. Established in Oregon in the 1990s, Traeger has grown from a niche product to a household name, beloved by food enthusiasts for its ability to deliver unique, rich flavors through natural wood pellets.

The company designs, sources, sells, and supports wood pellet-fueled barbeque grills, catering to retailers, distributors, and direct consumers. Traeger also produces and sells the pellets required for their grills, ensuring quality and consistency. Alongside grills and pellets, Traeger offers a range of branded rubs, spices, sauces, and grilling accessories such as covers, barbeque tools, trays, liners, and merchandise.

Core strengths of Traeger include:

  • Quality and Ease-of-Use: Traeger grills are known for their superior workmanship and user-friendly design.
  • Natural Wood Pellets: Traeger’s natural, safe wood pellets infuse food with amazing, rich flavors.
  • Versatility: Traeger grills offer six different cooking methods—grilling, baking, smoking, slow cooking, braising, and barbecuing—making them an essential tool for any kitchen.
  • Exceptional Value: Customers recognize Traeger for delivering great taste, consistently, across a wide range of foods.

The company's operations span multiple geographical segments, with the majority of revenue generated from North America. Traeger's commitment to quality and innovation has led to numerous partnerships and projects aimed at enhancing the outdoor cooking experience.

Recent developments at Traeger include advances in grill technology and expanding their product lineup to meet growing customer demand globally. With a strong financial foundation and a clear focus on customer satisfaction, Traeger continues to be a leader in the outdoor cooking industry, bringing exceptional taste and quality to backyards around the world.

Latest News:
Source: Traeger, Inc.
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Rhea-AI Summary
Traeger, Inc. ('Traeger') (NYSE: COOK) will release its Q4 and full year 2023 financial results on March 7, 2024. A conference call will follow to discuss the results. Investors can pre-register for the call and access replays online.
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Traeger, Inc. (NYSE: COOK) will participate in the Morgan Stanley Global Consumer & Retail Conference in New York City. CEO Jeremy Andrus, CFO Dominic Blosil, and VP of Investor Relations Nick Bacchus will join a fireside chat on December 5, 2023, at 10:15 a.m. EST, webcast live on the company’s Investor Relations website.
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Traeger, Inc. (NYSE: COOK) increases midpoint of FY 2023 revenue, gross margin, and Adjusted EBITDA guidance, with Q3 total revenues up 25.5% to $117.7 million. Gross profit margin also increased to 37.9%, and Adjusted EBITDA improved to $4.7 million. CEO Jeremy Andrus cites normalized replenishment rates and lower supply chain costs as key drivers. Revenue from grills, consumables, and accessories all saw significant increases, with North America and Rest of World revenues up 23.6% and 40.0%, respectively.
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Traeger, Inc. to release Q3 fiscal 2023 financial results on November 8, 2023
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Traeger, Inc. announces Q2 2023 financial results with a decrease in total revenues of 14.4% to $171.5 million. Gross profit margin increased by 25 basis points. Net loss decreased to $32.9 million from $133.1 million in the prior year. Adjusted EBITDA increased to $21.5 million from $17.0 million in the prior year. Balance sheet inventory reduced by 26%. The company raises its revenue and Adjusted EBITDA guidance for FY 2023. Total revenue is expected to be between $585 million and $600 million. Gross Margin is expected to be between 36% and 37%. Adjusted EBITDA is expected to be between $55 million and $59 million.
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FAQ

What is the current stock price of Traeger (COOK)?

The current stock price of Traeger (COOK) is $2.52 as of January 29, 2025.

What is the market cap of Traeger (COOK)?

The market cap of Traeger (COOK) is approximately 327.8M.

What products does Traeger, Inc. offer?

Traeger offers wood pellet grills, natural wood pellets, rubs, spices, sauces, and grilling accessories such as covers, tools, trays, liners, and merchandise.

Where is Traeger, Inc. headquartered?

Traeger, Inc. was founded in Oregon, USA, and primarily operates in North America with a growing international presence.

What makes Traeger grills unique?

Traeger grills stand out due to their use of natural wood pellets, which provide unique, rich flavors, and their versatility in offering six different cooking methods.

What are the core values of Traeger, Inc.?

Traeger emphasizes quality, superior workmanship, ease of use, natural and safe wood pellets, versatility in cooking methods, and exceptional value.

How does Traeger, Inc. support its products?

Traeger provides comprehensive support for its products, including customer service and a range of accessories to enhance the grilling experience.

What geographical segments does Traeger operate in?

Traeger operates primarily in North America, with a growing presence in other regions around the world.

What is Traeger, Inc.'s ticker symbol?

Traeger, Inc.'s ticker symbol is COOK.

How has Traeger, Inc. evolved since its founding?

Since its founding in the 1990s, Traeger has expanded from a niche product to a leading brand in the outdoor cooking industry, known for its innovation and quality.

What recent achievements has Traeger, Inc. made?

Traeger has made significant advancements in grill technology and expanded its product lineup to meet growing customer demand globally.

What cooking methods can be used with Traeger grills?

Traeger grills can be used for grilling, baking, smoking, slow cooking, braising, and barbecuing.
Traeger, Inc.

NYSE:COOK

COOK Rankings

COOK Stock Data

327.81M
58.59M
15.7%
75.83%
0.73%
Furnishings, Fixtures & Appliances
Household Appliances
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United States of America
SALT LAKE CITY