Sales Increase and EBITDA Growth
Sales increased by 3% to $125 million, driven by growth in grills and consumables. Adjusted EBITDA rose 12% to $14 million.
Project Gravity Cost Savings
Project Gravity is expected to generate $50 million in run-rate savings through efficiency improvements and channel optimizations.
Growth in Consumables
Consumables revenue increased by 12%, driven by positive sell-through of pellets and expanded distribution.
Successful Tariff Mitigation Strategies
Tariff mitigation efforts are expected to offset 80% of a $60 million tariff exposure. Strategies include supply chain efficiencies and production diversification.