Here's What Key Metrics Tell Us About Traeger (COOK) Q3 Earnings

Core Insights - Traeger reported revenue of $122.05 million for Q3 2024, a 3.7% increase year-over-year, and an EPS of -$0.06, improving from -$0.12 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $118.44 million by 3.05%, while the EPS matched the consensus estimate [1] Revenue Breakdown - Net sales from Grills reached $74.90 million, significantly surpassing the estimated $60.41 million, reflecting a year-over-year increase of 32.3% [3] - Net sales from Consumables were reported at $22.50 million, below the estimated $25.66 million, marking an 11.4% decline year-over-year [3] - Net sales from Accessories totaled $24.60 million, falling short of the $32.70 million estimate, representing a 31.3% decrease compared to the previous year [3] Stock Performance - Traeger shares have declined by 1.5% over the past month, contrasting with a 0.7% increase in the Zacks S&P 500 composite [4] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [4]