Traeger, Inc. (COOK) Misses Q4 EPS by 4c, provides guidance

Traeger, Inc. (NYSE: COOK) reported Q4 EPS of ($0.08), $0.04 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $163.5 million versus the consensus estimate of $153.9 million.

GUIDANCE:

Traeger, Inc. sees FY2024 revenue of $580-605 million, versus the consensus of $608.3 million.

Gross margin is expected to be between 39% and 40%
Adjusted EBITDA is expected to be between $62 million and $71 million

Guidance For First Quarter 2024

Total revenue is expected to be between $140 million and $145 million, versus the consensus of $157.6
Adjusted EBITDA is expected to be between $21 million and $24 million

For earnings history and earnings-related data on Traeger, Inc. (COOK) click here.

You May Also Be Interested In

• Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
• Credo Technology pops 3.5% as Evercore initiates with monster $325 price target
• NVE Corporation names new CEO and expands board to seven members