---
schema_version: "secwatch.filing_event.v1"
accession: "0001857853-22-000135"
form_type: "8-K"
ticker: "COOK"
cik: "0001857853"
company_name: "Traeger, Inc."
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T02:04:29.382691+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Traeger Q3 revenue down 42% to $93.8M; net loss $210.4M; lowers FY outlook

## Summary
- Total revenue $93.8M vs $162.0M YoY (-42.1%); net loss $210.4M ($1.75 per diluted share).
- Adjusted net loss $25.7M ($0.21 per share); adjusted EBITDA loss $12.5M vs +$4.1M last year.
- Grills revenue down 64.2% to $39.0M; consumables -10.3%; accessories +17.7% driven by MEATER.
- Recorded $109.8M non-cash goodwill impairment and $8.0M restructuring costs.
- Full-year 2022 outlook expected at low end or slightly below prior guidance due to macro uncertainty and retail destocking.

## SEC filing metadata
- accession: 0001857853-22-000135
- form_type: 8-K
- ticker: COOK
- cik: 0001857853
- company_name: Traeger, Inc.
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1857853/000185785322000135/0001857853-22-000135-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1857853/000185785322000135/tra-20221109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001857853-22-000135
- JSON: https://secwatch.observer/filing/0001857853-22-000135.json
- Plain text: https://secwatch.observer/filing/0001857853-22-000135.txt

## Key facts
- Earnings Releases
  Traeger, Inc. reported the three months ended September 30, 2022 results: revenue $93.8 million, net income $210.4 million, EPS $1.75 per diluted share. Guidance lowered.
  - Period: the three months ended September 30, 2022
  - Revenue: $93.8 million
  - Net income: $210.4 million
  - EPS: $1.75 per diluted share
  - Guidance: lowered
  - Result: reported results
  source text: of the wood pellet grill, today announced its financial results for the three months ended September 30, 2022. Third Quarter FY 22 Highlights • Total revenues decreased 42.1% to $93.8 million • Gross profit margin of 27.7% or 29.4% excluding $1.6 million of one-time restructuring costs • Net loss of $210.4 million, including a non-cash impairment charge of $109.8
  evidence_url: https://www.sec.gov/Archives/edgar/data/1857853/000185785322000135/0001857853-22-000135-index.htm

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