secwatch.observer — SEC 8-K summary
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Issuer:     Traeger, Inc. (COOK)
CIK:        0001857853
Form:       8-K
Filed at:   2025-05-01T23:59:59+00:00
Accession:  0001857853-25-000049
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1857853/000185785325000049/0001857853-25-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1857853/000185785325000049/tra-20250501.htm
  HTML page:      https://secwatch.observer/filing/0001857853-25-000049

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