Traeger Q1 revenue slips 1% to $143.3M, withdraws FY2025 guidance on tariff uncertainty

Traeger, Inc.

2025-Q1 EPS reported -$0.01 revenue$143,283,000

Q1 total revenue $143.3M (-1.1% YoY); grill revenue $86.7M (+12.8%) driven by Woodridge launch.
Net loss $0.8M ($0.01 loss per share) vs $4.7M loss YoY; adjusted EBITDA $22.5M vs $24.4M YoY.
Accessories revenue fell 26.6% to $26.3M, primarily due to lower MEATER smart thermometer sales.
Withdraws FY2025 financial guidance citing tariff uncertainty and dynamic macro environment.
Implementing pricing actions and cost reductions to mitigate incremental tariff impacts and protect balance sheet.

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