{"schema_version":"secwatch.filing_event.v1","accession":"0001857853-23-000045","form_type":"8-K","ticker":"COOK","cik":"0001857853","company_name":"Traeger, Inc.","filed_at":"2023-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.305586+00:00","generated_at":"2026-06-15T07:06:27.211471+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Traeger Q1 revenue down 31.5% to $153.2M; Adj EBITDA $21.9M beats $16-20M guide","bullets":["Total revenues fell 31.5% YoY to $153.2M; grills revenue dropped 40.3% to $89.7M.","Net income of $8.0M ($0.07/dil share) vs net loss of $9.0M a year ago; adjusted net income $5.5M ($0.04/dil share).","Adjusted EBITDA of $21.9M exceeded guidance range of $16M-$20M; margin improved to 14.3% from 13.6%.","Balance sheet inventory reduced 14% sequentially; management reiterates full-year 2023 outlook.","Launched new Flatrock and Ironwood grills; cites retailer destocking and lower consumer demand as headwinds."],"urls":{"canonical":"https://secwatch.observer/filing/0001857853-23-000045","json":"https://secwatch.observer/filing/0001857853-23-000045.json","markdown":"https://secwatch.observer/filing/0001857853-23-000045.md","text":"https://secwatch.observer/filing/0001857853-23-000045.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1857853/000185785323000045/0001857853-23-000045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1857853/000185785323000045/tra-20230510.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T07:06:27.211471+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"23b1345f5dc4752fb79c252c89bae62f4844e7f9","claim":"Traeger, Inc. reported the three months ended March 31, 2023 results: revenue $153.2 million, net income $8.0 million, EPS $0.07 per diluted share. Guidance reaffirmed.","evidence_excerpt":"of the wood pellet grill, today announced its financial results for the three months ended March 31, 2023. First Quarter FY 2 3 Results • Total revenues decreased 31.5% to $153.2 million • Gross profit margin of 36.2% down 80 basis points compared to prior year • Net income of $8.0 million; net income of $0.07 per share • Adjusted net income of $5.5 million;","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1857853/000185785323000045/0001857853-23-000045-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2023"},{"label":"Revenue","value":"$153.2 million"},{"label":"Net income","value":"$8.0 million"},{"label":"EPS","value":"$0.07 per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}