---
schema_version: "secwatch.filing_event.v1"
accession: "0001857853-23-000015"
form_type: "8-K"
ticker: "COOK"
cik: "0001857853"
company_name: "Traeger, Inc."
filed_at: "2023-03-16T23:59:59+00:00"
generated_at: "2026-06-18T01:01:46.422227+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Traeger Q4 revenues down 21% to $138.1M; full-year net loss $382.1M includes $222.3M impairment

## Summary
- Q4 revenues $138.1M (-21% YoY); grills revenue down 52% to $48.3M, accessories up 36% to $65.4M via MEATER.
- Full-year net loss $382.1M includes $222.3M goodwill impairment; adjusted EBITDA $41.5M, above guidance.
- Q4 adjusted net loss $8.3M ($0.07/sh) vs prior year adj. net income $2.9M ($0.02/sh); gross margin 34.5% vs 37%.
- Provides 2023 outlook: expects return to topline growth in H2 as channel inventories normalize; targets adj. EBITDA growth.

## SEC filing metadata
- accession: 0001857853-23-000015
- form_type: 8-K
- ticker: COOK
- cik: 0001857853
- company_name: Traeger, Inc.
- filed_at: 2023-03-16T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1857853/000185785323000015/0001857853-23-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1857853/000185785323000015/tra-20230316.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001857853-23-000015
- JSON: https://secwatch.observer/filing/0001857853-23-000015.json
- Plain text: https://secwatch.observer/filing/0001857853-23-000015.txt

## Key facts
- Earnings Releases
  Traeger, Inc. reported fourth quarter ended December 31, 2022 results: revenue $138.1 million, net income $28.9 million net loss, EPS $0.24 per share net loss.
  - Period: fourth quarter ended December 31, 2022
  - Revenue: $138.1 million
  - Net income: $28.9 million net loss
  - EPS: $0.24 per share net loss
  - Result: reported results
  source text: Fourth Quarter Results • Total revenues decreased 21.0% to $138.1 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1857853/000185785323000015/0001857853-23-000015-index.htm
- Earnings Releases
  Traeger, Inc. reported full year ended December 31, 2022 results: revenue $655.9 million, net income $382.1 million net loss including a non-cash impairment charge of $222.3 million, EPS $3.19 per share net loss.
  - Period: full year ended December 31, 2022
  - Revenue: $655.9 million
  - Net income: $382.1 million net loss including a non-cash impairment charge of $222.3 million
  - EPS: $3.19 per share net loss
  - Result: reported results
  source text: Full Year 2022 Results • Total revenues decreased 16.5% to $655.9 million, exceeding prior guidance of $635 million to $640 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1857853/000185785323000015/0001857853-23-000015-index.htm

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