Traeger (COOK) came out with a quarterly loss of $0.06 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.12 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this barbecue grill maker would post earnings of $0.06 per share when it actually produced earnings of $0.06, delivering no surprise.Over the last four quarters, the company has not been able to surpass consensus EPS estimates.Traeger, which belongs to the Zacks C ...

TRAEGER ANNOUNCES THIRD QUARTER FISCAL 2024 RESULTS INCREASES OUTLOOK FOR FULL YEAR 2024 SALT LAKE CITY, Ut., November 6, 2024 (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 September 30, 2024. Third Quarter FY 24 Highlights • Total revenues increased 3.7% to $122.1 million • Grill revenues increased 32.5% to $74.9 million • Gross margin of 42.3%, up 440 basis p ...

The Federal Reserve cut interest rates by 50 basis points on Wednesday, its first rate cut since March 2020 and the biggest in more than 16 years. The last time the Fed cut interest rates by half a percentage point was in 2008, with just an emergency exception during the pandemic. A 50-basis point rate cut will boost the broader economy, with growth stocks likely to gain the most. It would thus be prudent to invest in discretionary stocks. We have narrowed our search to four consumer discretionary stocks su ...

The much-awaited Federal Reserve's September policy meeting begins today, with expectations high among market participants that the central bank will finally start its rate-cut cycle. This will be the first time that the Fed will cut interest rates since March 2020. Investors are expecting at least a 25-basis point rate cut this month. Given this situation, investing in consumer discretionary stocks such as Crocs, Inc. (CROX) , Traeger, Inc. (COOK) , DoubleDown Interactive Co., Ltd. (DDI) , Royal Caribbean ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher." Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ...

Traeger (COOK) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Since a changing earni ...

TRAEGER CHARTER SEAN DELEMELL I MAXE LEECHERSEY (DEN MIPLE BALLAIN. PREMIUM MARDWOOD PELLEYS TRAEGER RESENT n a B Z SECOND QUARTER 2024 (TIMBERLINE@) | --- | --- | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Traeger, Inc. (NYSE:COOK) Q2 2024 Earnings Call August 6, 2024 4:30 PM ET Company Participants Nick Bacchus - Vice President, Investor Relations Jeremy Andrus - Chief Executive Officer Dom Blosil - Chief Financial Officer Conference Call Participants Anna Glaessgen - B. Riley Megan Alexander - Morgan Stanley Phillip Blee - William Blair Brian McNamara - Canaccord Genuity Justin Kleber - Baird Peter Keith - Piper Sandler Operator Hello, everyone and welcome to the Traeger Second Quarter Fiscal 2024 Conferenc ...

Traeger (COOK) reported $168.47 million in revenue for the quarter ended June 2024, representing a year-overyear decline of 1.8%. EPS of $0.06 for the same period compares to $0.04 a year ago. The reported revenue represents a surprise of +0.84% over the Zacks Consensus Estimate of $167.07 million. With the consensus EPS estimate being $0.06, the company has not delivered EPS surprise. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to ...

Traeger (COOK) came out with quarterly earnings of $0.06 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this barbecue grill maker would post earnings of $0.04 per share when it actually produced earnings of $0.04, delivering no surprise. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. Traeger, which belongs to t ...