---
schema_version: "secwatch.filing_event.v1"
accession: "0001857853-23-000137"
form_type: "8-K"
ticker: "COOK"
cik: "0001857853"
company_name: "Traeger, Inc."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T11:01:30.384758+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.72
calibrated_materiality_score: 0.72
confidence: "high"
source: SEC EDGAR
---

# Traeger Q3 revenue up 25.5% to $117.7M; raises FY2023 outlook midpoint

## Summary
- Net loss improved to $19.3M ($0.16 loss per share) from $211.1M loss a year ago.
- Gross margin surged 1,120 bps to 37.9%, driven by lower freight and logistics costs.
- Adjusted EBITDA turned positive at $4.7M vs. a $13.0M loss in Q3 2022.
- Grills revenue rose 45.1% to $56.6M on higher unit volumes; accessories up 20.7%.
- Company raises midpoint of FY 2023 revenue, gross margin and Adjusted EBITDA guidance.

## SEC filing metadata
- accession: 0001857853-23-000137
- form_type: 8-K
- ticker: COOK
- cik: 0001857853
- company_name: Traeger, Inc.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.72
- calibrated_materiality_score: 0.72
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1857853/000185785323000137/0001857853-23-000137-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1857853/000185785323000137/tra-20231108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001857853-23-000137
- JSON: https://secwatch.observer/filing/0001857853-23-000137.json
- Plain text: https://secwatch.observer/filing/0001857853-23-000137.txt

## Key facts
- Earnings Releases
  Traeger, Inc. updated its three months ended September 30, 2023 guidance (raised).
  - Period: three months ended September 30, 2023
  - Guidance: raised
  - Result: reported results
  source text: Total revenue increased 25.5% to $117.7 million, compared to $93.8 million in the third quarter last year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1857853/000185785323000137/0001857853-23-000137-index.htm
- Earnings Releases
  Traeger, Inc. updated its three months ended September 30, 2023 guidance (raised).
  - Period: three months ended September 30, 2023
  - Guidance: raised
  - Result: reported results
  source text: Given the better than expected results in the third quarter, we are increasing the midpoint of our revenue, gross margin and Adjusted EBITDA outlook for the full year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1857853/000185785323000137/0001857853-23-000137-index.htm

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