Traeger, Inc. (COOK)

Traeger, Inc. (NYSE:COOK ) Q2 2025 Earnings Conference Call August 6, 2025 4:30 PM ET Company Participants Jeremy Andrus - Chairman of the Board & CEO Joey Hord - Senior Vice President of Finance & Strategy Nicholas P. Bacchus - Vice President of Investor Relations Conference Call Participants Brian Christopher McNamara - Canaccord Genuity Corp., Research Division Joseph Isaac Feldman - Telsey Advisory Group LLC Peter Sloan Benedict - Robert W.

Although the revenue and EPS for Traeger (COOK) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Traeger (COOK) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of $0.06. This compares to earnings of $0.06 per share a year ago.

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 June 30, 2025. Second Quarter FY25 Results Total revenues decreased 13.6% to $145.5 million Net loss of $7.4 million Adjusted EBITDA of $14.3 million Expects to offset approximately 80% of FY25 unmitigated tariff impact Targeting $30 million in annualized cost savings with Phase 1 of Proje.

SALT LAKE CITY--(BUSINESS WIRE)--Traeger, Inc. (“Traeger”) (NYSE: COOK), creator and category leader of the wood pellet grill, today announced that Joey Hord, Chief Financial Officer, and Nick Bacchus, Vice President of Investor Relations, Treasury and Capital Markets, will participate in a fireside chat at the Canaccord Genuity 45th Annual Growth Conference on Wednesday, August 13th at 8:30 AM Eastern Time. There will be a live webcast of the fireside chat and a replay will be available for 90.

SALT LAKE CITY--(BUSINESS WIRE)--Traeger, Inc. (“Traeger”) (NYSE: COOK), creator and category leader of the wood pellet grill, today announced that it will release its second quarter fiscal 2025 financial results after market close on Wednesday, August 6, 2025. Management will host a conference call at 4:30 p.m. Eastern Time to discuss its financial results. Those who wish to participate in the call may do so by dialing (833) 470-1428 or +1 (404) 975-4839 for international callers, conference I.

Summer is traditionally a time when lower volume can limit upward momentum. Nonetheless, it's only a few weeks away from the next earnings season, and earnings drive stock price growth.

Two Sigma Investments LP lifted its stake in shares of Traeger, Inc. (NYSE:COOK – Free Report) by 32.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 123,931 shares of the company’s stock after acquiring an additional 30,539 shares during the period. Two Sigma Investments LP owned 0.09% of Traeger worth $296,000 as of its most recent SEC filing. A number of other large investors have also made changes to their positions in the stock. Graham Capital Management L.P. acquired a new stake in Traeger in the 4th quarter worth about $37,000. Two Sigma Securities LLC acquired a new stake in Traeger in the 4th quarter worth about $78,000. Bank of America Corp DE boosted its stake in Traeger by 36.6% in the 4th quarter. Bank of America Corp DE now owns 33,314 shares of the company’s stock worth $80,000 after buying an additional 8,933 shares during the last quarter. Deutsche Bank AG boosted its stake in Traeger by 231.8% in the 4th quarter. Deutsche Bank AG now owns 41,344 shares of the company’s stock worth $99,000 after buying an additional 28,883 shares during the last quarter. Finally, Barclays PLC boosted its stake in Traeger by 15.9% in the 4th quarter. Barclays PLC now owns 51,987 shares of the company’s stock worth $124,000 after buying an additional 7,126 shares during the last quarter. Institutional investors and hedge funds own 46.84% of the company’s stock. Analyst Ratings Changes A number of brokerages have issued reports on COOK. Royal Bank of Canada decreased their price target on Traeger from $2.75 to $2.00 and set a “sector perform” rating on the stock in a research note on Friday, March 7th. Robert W. Baird decreased their price target on Traeger from $3.50 to $2.50 and set a “neutral” rating on the stock in a research note on Friday, March 7th. Telsey Advisory Group decreased their price target on Traeger from $2.50 to $2.00 and set a “market perform” rating on the stock in a research note on Friday, May 2nd. Morgan Stanley cut their price objective on Traeger from $3.00 to $2.50 and set an “underweight” rating on the stock in a report on Friday, March 7th. Finally, Canaccord Genuity Group cut their price objective on Traeger from $5.00 to $3.00 and set a “buy” rating on the stock in a report on Tuesday, April 29th. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, Traeger currently has an average rating of “Hold” and a consensus price target of $2.44. Check Out Our Latest Research Report on Traeger Traeger Stock Performance Traeger stock opened at $1.85 on Wednesday. The stock’s 50 day moving average price is $1.45 and its 200 day moving average price is $2.08. The firm has a market capitalization of $251.16 million, a PE ratio of -4.63 and a beta of 1.38. The company has a debt-to-equity ratio of 1.42, a quick ratio of 1.08 and a current ratio of 2.09. Traeger, Inc. has a one year low of $1.28 and a one year high of $3.97. Insider Activity In related news, CEO Jeremy Andrus acquired 250,000 shares of the stock in a transaction that occurred on Thursday, June 5th. The stock was purchased at an average cost of $1.38 per share, for a total transaction of $345,000.00. Following the purchase, the chief executive officer now directly owns 14,052,354 shares in the company, valued at $19,392,248.52. This represents a 1.81% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. In the last ninety days, insiders bought 730,387 shares of company stock worth $1,009,986. 14.70% of the stock is currently owned by insiders. Traeger Company Profile (Free Report) Traeger, Inc, together with its subsidiaries, designs, sources, sells, and supports wood pellet fueled barbecue grills for retailers, distributors, and direct to consumers in the United States. Its wood pellet grills are internet of things devices that allow owners to program, monitor, and control their grill through its Traeger app. See Also Five stocks we like better than Traeger Why Are These Companies Considered Blue Chips? AppLovin Dips on S&P 500 Snub, Morgan Stanley Lifts Target Anyway What to Know About Investing in Penny Stocks Casey’s Surges on Strong Q4, More Gains Likely Ahead Value Investing: Is it a Good Strategy in 2022? (Hint: Always) Government Mandate Sends eVTOL Stocks Flying Want to see what other hedge funds are holding COOK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Traeger, Inc. (NYSE:COOK – Free Report).

Traeger is a high-risk, high-reward turnaround play, now trading at deep value after a 55% share price drop due to tariff and economic uncertainty. Despite modest revenue declines, profitability metrics have improved, with better margins and cost controls offsetting lower average selling prices. Management is actively mitigating tariff exposure by shifting production, raising prices, and streamlining operations, but near-term volatility remains high.

Traeger, Inc. (COOK) Q1 2025 Earnings Call Transcript

The headline numbers for Traeger (COOK) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Traeger (COOK) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.04 per share a year ago.

Traeger (COOK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

SALT LAKE CITY--(BUSINESS WIRE)--Traeger, Inc. (“Traeger”) (NYSE: COOK), creator and category leader of the wood pellet grill, today announced that it will release its first quarter fiscal 2025 financial results after market close on Thursday, May 1, 2025. Management will host a conference call at 4:30 p.m. Eastern Time to discuss its financial results. Those who wish to participate in the call may do so by dialing (833) 470-1428 or +1 (404) 975-4839 for international callers, conference ID 568.

Traeger's Flatrock 2 Zone Delivers High-End Performance in a Compact, Space-Saving Design Building Off the Award-Winning Innovation of the Flatrock 3 Zone SALT LAKE CITY , April 3, 2025 /PRNewswire/ -- Traeger, Inc. ("Traeger") (NYSE: COOK), the innovators and category leaders in wood-pellet grills, today announced another addition to its popular griddle lineup, launching the Flatrock  2 Zone Griddle . Traeger's expansion of the griddle lineup with the Flatrock 2 Zone offers the same premium performance as the Flatrock 3 Zone in a more compact and accessible design, making high-quality outdoor cooking more efficient and versatile than ever before.

Telsey Advisory Group analyst Joseph Feldman downgraded Traeger, Inc. COOK to Market Perform from Outperform, lowering the price forecast to $2.50 from $4.00.