---
schema_version: "secwatch.filing_event.v1"
accession: "0001857853-24-000046"
form_type: "8-K"
ticker: "COOK"
cik: "0001857853"
company_name: "Traeger, Inc."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T13:21:28.658024+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Traeger Q1 revenue $144.9M (-5.4% YoY); gross margin 43.2% (+700bps); reiterates FY guidance

## Summary
- Revenue of $144.9M at high-end of $140-145M guide; down 5.4% YoY due to softer grill demand.
- Gross margin 43.2% vs 36.2% prior year, highest since going public, driven by freight and pellet mill optimization.
- Net loss $4.7M ($0.04/shr) vs $10.9M loss ($0.09/shr) YoY; adjusted net income $4.7M ($0.04/shr).
- Adjusted EBITDA $24.4M, up 11.2% YoY from $21.9M.
- Grills revenue $76.8M (-14.4% YoY); consumables +7.4%, accessories +7.4% led by MEATER thermometers.

## SEC filing metadata
- accession: 0001857853-24-000046
- form_type: 8-K
- ticker: COOK
- cik: 0001857853
- company_name: Traeger, Inc.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1857853/000185785324000046/0001857853-24-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1857853/000185785324000046/tra-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001857853-24-000046
- JSON: https://secwatch.observer/filing/0001857853-24-000046.json
- Plain text: https://secwatch.observer/filing/0001857853-24-000046.txt

## Key facts
- Earnings Releases
  Traeger, Inc. reported three months ended March 31, 2024 results: revenue $144.9 million, net income net loss of $4.7 million; net loss of $0.04 per share, EPS $0.04 per diluted share. Guidance reaffirmed.
  - Period: three months ended March 31, 2024
  - Revenue: $144.9 million
  - Net income: net loss of $4.7 million; net loss of $0.04 per share
  - EPS: $0.04 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: of the wood pellet grill, today announced its financial results for the three months ended March 31, 2024. First Quarter FY 24 Highlights • Total revenues decreased 5.4% to $144.9 million , at the higher-end of guidance of $140 million to $145 million • Gross margin of 43.2%, up 700 basis points compared to prior year • Net loss of $4.7 million; net loss of $0.04
  evidence_url: https://www.sec.gov/Archives/edgar/data/1857853/000185785324000046/0001857853-24-000046-index.htm

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