Traeger Inc. (COOK) PT Lowered to $12 at Baird
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Traeger Announces Fourth Quarter and Full Year 2021 Results Provides Guidance For 2022
March 23, 2022 4:05 PM EDTSALT 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, 2021.
Fourth Quarter Highlights
Total revenues increased 30.8% to $174.9 million Gross profit margin of 37.4%, down 80 basis points compared to prior year Net loss of $33.7 million; net loss of $0.29 per share Adjusted net income of $3.6 million; adjusted net income of $0.03 per... More