Traeger's Weak Sales Outlook & Tariff Risks Weigh on Growth, Analyst Downgrades Stock
1. COOK downgraded to Market Perform with a price forecast drop to $2.50. 2. 2025 sales guidance set at $595-615 million, missing consensus estimates. 3. Consumer caution from inflation and interest rates affects big-ticket sales. 4. CFO transition and tariff impacts pose additional risks for COOK. 5. Future sales growth projected at 6% for 2026, but macroeconomic pressures remain.