Traeger, Inc. (COOK)

From the record

Traeger, Inc.'s filings since 2021 show 3 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, 2 times, the latest 2026-03-06); a warning not to rely on past financial statements (8-K item 4.02, the latest 2023-08-08) (its current reports).

From the record

Traeger, Inc.'s 7 filed years say what it did: revenue went from $363 million in fiscal 2019 to $560 million in fiscal 2025, up 7.5% a year; it rose in 2 of 6 years; the deepest fall was 29% from fiscal 2021 to fiscal 2025; net income was positive in 1 of 7 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Traeger, Inc.'s diluted share count grew about 3.6% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 1 sale and 0 purchases of their own stock on the open market in the year to 2026-11-03 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Traeger, Inc. lost about 67 cents for every dollar of shareholders' money, and gross profitability: its products earned about 32 cents per dollar of everything the company owns. Leverage: it owed about 75 cents per dollar of assets, and net share issuance: its share count grew 4.4% over the year (the filed statements).

From the record

Traeger, Inc.'s standing among 42 graded names in its industry family: revenue of $560 million in fiscal 2025 ranks in the bottom 35% by size; a net margin of -20.6% ranks in the bottom 25%; revenue growth of -5.2% a year over the last 3 filed years ranks in the bottom 23% (its annual reports).

From the record

Traeger, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Andrus, Jeremy (Chief Executive Officer, as filed), filing under that title since 2021-07-29, 5.3 years (top 50% of its family); the 10 officers and directors filing in the last fifteen months have been on the record a median of 5.3 years (bottom 33%); 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 10 people in charge now (bottom 26%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Traeger, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $20 million against debt of $400 million leaves -56.2% of its assets as net cash, bottom 4% of its family; cash from operations less capital spending is 2.4% of revenue (bottom 46%); a gross margin of 39.2% (top 17%); research spending of 2.2% of revenue (bottom 18%) (its annual report).

From the record

Traeger, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -5.2% a year over the last three filed years against 7.5% over all 7, slowing (bottom 15% of its family); the newest year grew -7.4% (bottom 18%); research spending grew 4.7% a year (bottom 49%); capital spending grew -27.8% a year (bottom 19%) (its annual reports). Traeger, Inc. reported 3 product lines in fiscal 2025: Grills at $298 million (53%), Accessories at $134 million (24%), Consumables at $127 million (23%); 1 of 3 grew against the year before (its annual report).

From the record

Traeger, Inc.'s newest year against its own record: revenue of $560 million in fiscal 2025 came in 3.5% below the $580 million its prior three years' pace pointed to (bottom 30% of its family); net income of $115 million against a prior three-year average of $167 million (top 42%); a net margin of -20.6% against -25.9% before (top 27%) (its annual reports).