Traeger Announces First Quarter Fiscal 2024 Results

SALT LAKE CITY--(BUSINESS WIRE)--Traeger, Inc. ("Traeger" or the "Company") (NYSE: COOK), creator and category leader 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 per share Adjusted net