NYSE$COOK
Traeger Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Traeger's Q2 2021 financial results were announced, demonstrating strong revenue growth and strategic investments.
Traeger reported a 39.1% increase in total revenue, reaching $213.0 million, driven by strong performance across product categories and regions. The company's gross margin was 39.1%, and it experienced a net loss of $4.9 million. Adjusted EBITDA was $26.9 million.
- Total revenue grew by 39.1% to $213.0 million compared to the second quarter of the previous year.
- Gross margin stood at 39.1%.
- Net loss was reported at $4.9 million.
- Adjusted EBITDA reached $26.9 million.
Headline financials
Revenue & EPS history
Traeger · Revenue · Quarterly
$213M
Revenue by segment
Traeger · $213M total across 3 segments · Q2 2021
- Grills$156M+40.1%73.3%
- Consumables$41.2M+27.6%19.3%
- Accessories$15.7M+64.8%7.4%
Forward guidance
Traeger expects total revenue to be between $760 million and $770 million, and adjusted EBITDA to be between $103 million and $108 million for the full year fiscal 2021.
Tailwinds
- Strong consumer demand
- Investments in product innovation
- Investments in marketing
- Investments in growth infrastructure
- Strategic investments to support growth
Headwinds
- Gross margin pressures
- Global supply chain challenges
- Unreconcilable interest expense
- Unreconcilable provision for income taxes
- Unreconcilable depreciation and amortization
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports
-0.0%
Avg return
Earnings day
-1.7%
Avg return
5 days after
-6.6%
Avg return
30 days after
42%
10 / 24 earnings
Positive
+32.6%
Q2 2024
Best reaction
-20.6%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -9.3% | -8.8% | +36.6% | |
| Q4 2025 | -20.3% | -20.8% | -20.3% | |
| Q3 2025 | -12.5% | -2.0% | -21.1% | |
| Q1 2025 | -2.7% | -10.1% | -6.8% | |
| Q4 2024 | +0.9% | -15.7% | -31.0% | |
| Q3 2024 | -0.6% | -5.5% | -4.3% | |
| Q2 2024 | +32.6% | +27.9% | +61.4% | |
| Q1 2024 | +4.3% | +0.0% | +8.7% | |
| Q4 2023 | -8.5% | -2.2% | +4.0% | |
| Q3 2023 | -20.6% | -25.0% | -24.0% | |
| Q2 2023 | +32.1% | +29.8% | -1.8% | |
| Q1 2023 | +28.8% | +20.3% | +46.3% | |
| Q4 2022 | +13.0% | +22.5% | +13.9% | |
| Q3 2022 | -17.0% | +2.9% | -22.9% | |
| Q2 2022 | +11.3% | +5.4% | -6.5% | |
| Q1 2021 | +30.2% | +35.4% | -1.6% | |
| Q1 2022 | +4.1% | +9.3% | -14.6% | |
| Q4 2019 | +4.4% | +1.4% | -12.6% | |
| Q4 2021 | -15.8% | -20.6% | -29.8% | |
| Q3 2020 | -16.0% | -25.9% | -34.9% | |
| Q3 2021 | -16.0% | -25.9% | -34.9% | |
| Q2 2020 | -9.7% | -10.9% | -21.7% | |
| Q4 2020 | -9.7% | -10.9% | -21.7% | |
| Q2 2021 | -4.0% | -11.6% | -20.0% | |
| Q1 2020 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro