Traeger's earnings call reflects a mixed sentiment. While the company showcased growth in its grills business and successful product launches, it faces significant challenges due to tariff impacts, declines in the accessories segment, and economic uncertainty leading to the withdrawal of financial guidance.
Company Guidance
During Traeger's First Quarter Fiscal 2025 Earnings Conference Call, the company provided several key metrics and insights into their financial performance and strategic priorities. Traeger reported a 1% decline in revenues compared to the first quarter of 2024, with adjusted EBITDA of $23 million, slightly down from $24 million the previous year. The Grills business experienced a 13% increase in sales, while the Accessories business saw a 27% decline, primarily due to softness in MEATER sales. The company faces significant challenges from tariffs, with grills produced in China subject to a 45% tariff and those from Vietnam at 25%. Traeger is implementing mitigation strategies, including supply chain cost reductions, sourcing diversification, and strategic pricing increases, to offset these tariff impacts. The company has withdrawn its prior financial guidance for fiscal 2025 due to uncertainty in consumer demand and the evolving trade policy landscape. Despite these challenges, Traeger continues to focus on long-term growth strategies, including product innovation and brand awareness efforts.
Grills Business Growth
Grills sales increased by 13% compared to the prior year, supported by positive consumer demand and successful product launches like the Woodridge series.
Woodridge Series Success
The Woodridge series, a new wood pellet grill introduced in January, received strong consumer reception with demand outperforming expectations and achieving high product reviews.
Cost Management and Mitigation Strategies
Traeger has implemented significant tariff mitigation strategies including sourcing diversification, cost reductions, and strategic pricing increases to offset tariff impacts.
Adjusted Net Income Improvement
Adjusted net income for the quarter was $7 million compared to $5 million in the same period of 2024, indicating improved profitability.
Traeger (COOK) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
COOK Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 01, 2025
$1.48
$1.46
-1.35%
Mar 06, 2025
$2.16
$2.18
+0.93%
Nov 06, 2024
$3.17
$3.27
+3.15%
Aug 06, 2024
$2.29
$2.85
+24.45%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Traeger (COOK) report earnings?
Traeger (COOK) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is Traeger (COOK) earnings time?
Traeger (COOK) earnings time is at Aug 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.