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Traeger Announces Fourth Quarter and Full Year 2024 Results

1. Traeger (COOK) reports Q4 revenue growth of 3.2% and substantial grill sales increase. 2. Net loss narrowed to $7 million from $24 million year-over-year.

Earnings
+0.93%Current Return
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+0.53%S&P 500
$2.1603/06 04:16 PM EDTEvent Start
$2.1803/07 10:28 PM EDTLatest Updated
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FAQ

Why Bullish?

The significant increase in grill revenues and improved gross margins indicate strong market demand and financial health. Historical example: companies showing revenue growth often experience stock price increases, especially when losses are reduced.

How important is it?

The financial results highlight COOK's growth trajectory and reduced losses, directly impacting investor confidence and stock price potential. Investors are likely to respond favorably to these metrics, driving price upwards.

Why Short Term?

The positive financial results are likely to attract immediate investor interest, impacting stock price in the near term. Past earnings reports often lead to price movements shortly after release.

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BBQPTONCOST
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 fourth quarter and year ended December 31, 2024. Fourth Quarter Highlights Total revenues increased 3.2% to $168.6 million Grill revenues increased 30.2% to $78.0 million Gross margin of 40.9%, up 410 basis points compared to prior year Net loss of $7.0 million compared to $24.0 million in the prior year Adj.

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