Traeger Reports Third-Quarter Revenue of $74.68 Million, EPS Loss of $10.33
Revenue fell 40.4% year over year as sales declined across grills, accessories and consumables; net loss narrowed. The company cited softer discretionary demand, product and channel optimization, and comparisons with elevated retailer orders a year earlier.
Traeger’s third-quarter revenue fell 40.4% year over year, while its net loss narrowed. Lower sales across grills, accessories and consumables reflected softer discretionary demand, product and channel optimization, and comparisons with elevated retailer orders a year earlier; lower operating expen…