Traeger Swings to Q4 Earnings, Revenue Rises; CFO Transition Planned

MT Newswires Live
07 Mar

Traeger (COOK) reported Q4 adjusted diluted earnings Thursday of $0.01 per share, compared to a loss of $0.08 a year earlier.

Analysts polled by FactSet expected the company to break even.

Revenue for the quarter ended Dec. 31 was $168.6 million, up from $163.5 million a year earlier.

Analysts polled by FactSet expected $164.8 million.

The company said it expects fiscal 2025 revenue of $595 million to $615 million.

Analysts polled by FactSet expect $628.2 million.

Separately, the company said chief financial officer Dominic Blosil will transition out of his role. The company tapped Joey Hord, its senior vice president of finance and strategy, to replace Blosil.

Blosil will remain the CFO through the filing of the company's Q1 results and provide transition support through the end of 2025.

Shares of Traeger were down nearly 3% in after-hours trading.

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