---
schema_version: "secwatch.filing_event.v1"
accession: "0001857853-22-000084"
form_type: "8-K"
ticker: "COOK"
cik: "0001857853"
company_name: "Traeger, Inc."
filed_at: "2022-08-10T23:59:59+00:00"
generated_at: "2026-06-24T01:35:37.035081+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Traeger Q2 revenue $200.3M (-6% YoY); net loss $132.3M with $111.5M goodwill impairment; outlook cut

## Summary
- Q2 revenue down 6.0% YoY to $200.3M; net loss $132.3M vs. $4.9M loss last year.
- Non-cash goodwill impairment of $111.5M recorded; adjusted net income $4.8M ($0.04/share) vs. $16.7M ($0.15/share).
- Grills revenue fell 24.6% to $117.7M; consumables up 2.2%, accessories up 157.2% (MEATER).
- Credit agreement amended: net leverage ratio increased to 8.50:1, minimum liquidity covenant $35M added.
- Cost reduction plan targeting $20M annualized savings; expects challenging H2 2022.

## SEC filing metadata
- accession: 0001857853-22-000084
- form_type: 8-K
- ticker: COOK
- cik: 0001857853
- company_name: Traeger, Inc.
- filed_at: 2022-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1857853/000185785322000084/0001857853-22-000084-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1857853/000185785322000084/tra-20220809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001857853-22-000084
- JSON: https://secwatch.observer/filing/0001857853-22-000084.json
- Plain text: https://secwatch.observer/filing/0001857853-22-000084.txt

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