Traeger, Inc. (COOK): restructuring charge — Traeger FY2025 revenue $559.5M (-7.4% YoY); net loss $115.2M incl. $74.7M impairment

Traeger, Inc.

Q4 revenue down 13.8% to $145.4M; grill revenue fell 22.3% to $60.6M.
Q4 net loss $17.2M vs $7.0M prior year; adjusted EBITDA $19.4M up from $18.4M.
Full year adjusted EBITDA $70.0M versus $81.9M in prior year.
Project Gravity charges $32M-$36M; expected annualized savings $64M-$70M; substantially complete by end 2026.

item 2.02 item 2.05 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

Traeger, Inc. announced a restructuring with charges of between approximately $32.0 million and $36.0 million.

Type: restructuring
Charge: between approximately $32.0 million and $36.0 million

Exact text from the filing

the Company now expects to incur pre-tax charges related to currently known and reasonably estimable actions of Project Gravity of between approximately $32.0 million and $36.0 million (the “Total Costs”), which primarily consist of cash expenditures.

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3 restructurings & charges filed in the last 30 days. Browse all restructurings & charges →

Traeger, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-26-015161

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