secwatch.observer — SEC 8-K summary
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Issuer:     Traeger, Inc. (COOK)
CIK:        0001857853
Form:       8-K
Filed at:   2024-03-07T23:59:59+00:00
Accession:  0001857853-24-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Traeger Q4 revenue up 18.3% to $163.5M; adj EBITDA up 82% to $13.0M
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- Q4 net loss $24.0M ($0.19/share); adjusted net loss $9.5M ($0.08/share).
- Gross margin 36.8% (+230 bps YoY); grills revenue +23.9% to $59.9M.
- Full year revenue $605.9M (-7.6% YoY), beating guidance of $590-600M.
- FY adj EBITDA $61.1M (+47% YoY); cash from ops $64.0M.
- 2024 guidance: expects adj EBITDA growth despite soft consumer demand.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1857853/000185785324000017/0001857853-24-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1857853/000185785324000017/tra-20240307.htm
  HTML page:      https://secwatch.observer/filing/0001857853-24-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer