---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-049529"
form_type: "8-K/A"
ticker: "COOK"
cik: "0001857853"
company_name: "Traeger, Inc."
filed_at: "2025-11-05T23:59:59+00:00"
generated_at: "2026-05-17T00:25:01.721101+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Traeger Q3 rev $125.4M (+2.7%); net loss $89.8M on $74.7M goodwill impairment; targets $50M cost savings

## Summary
- Revenue $125.4M, up 2.7% YoY; grill revenue $76.6M (+2.2%); consumables $25.3M (+12.3%).
- Net loss $89.8M ($0.67/sh) vs $19.8M loss a year ago, including $74.7M non-cash goodwill impairment.
- Adjusted EBITDA $13.8M, up 11.8% from $12.3M; adjusted net loss $0.17/sh vs $0.06/sh.
- Project Gravity: Now targeting $50M annualized cost savings (Phase 1 $30M, Phase 2 $20M); total pre-tax charges $21M-$27M.
- Phase 2 actions: Exit DTC, discontinue Costco roadshow, shift to distributor in Europe, pellet mill consolidation.

## SEC filing metadata
- accession: 0001628280-25-049529
- form_type: 8-K/A
- ticker: COOK
- cik: 0001857853
- company_name: Traeger, Inc.
- filed_at: 2025-11-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 2.05, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1857853/000162828025049529/0001628280-25-049529-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1857853/000162828025049529/tra-20250515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-049529
- JSON: https://secwatch.observer/filing/0001628280-25-049529.json
- Plain text: https://secwatch.observer/filing/0001628280-25-049529.txt

## Source-grounded claims
- claim_id: e75cb5f4d475717a083b039065749d2ead6194d4
  claim: Traeger, Inc. announced a restructuring with charges of between approximately $21.0 million and $27.0 million affecting overall enterprise optimization (Project Gravity).
  evidence_excerpt: the Company now expects to incur pre-tax charges related to currently known and reasonably estimable actions of Project Gravity of between approximately $21.0 million and $27.0 million (the “Total Costs”), which primarily consist of cash expenditures.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1857853/000162828025049529/0001628280-25-049529-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.