secwatch.observer — SEC 8-K summary
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Issuer:     Traeger, Inc. (COOK)
CIK:        0001857853
Form:       8-K
Filed at:   2021-11-15T23:59:59+00:00
Accession:  0001857853-21-000015
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Traeger reports Q3 revenue $162M, net loss $89M; reiterates FY2021 outlook
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- Total revenue $162.0M (+11.7% YoY); gross margin 33.5% vs 45.3% a year ago.
- Net loss $89.2M ($0.78/sh) vs net income $8.1M ($0.07/sh); adjusted net loss $6.5M.
- Adjusted EBITDA $4.1M vs $34.4M prior year; pressured by supply chain costs and IPO equity comp.
- Grills revenue $108.8M (+4.3%), Consumables $28.0M (-11.8%), Accessories $25.2M (+181.5%).
- Cash $18.1M, inventory $114.6M; total debt $379.2M; company reaffirms full-year 2021 guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1857853/000185785321000015/0001857853-21-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1857853/000185785321000015/tra-20211115.htm
  HTML page:      https://secwatch.observer/filing/0001857853-21-000015

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer