NYSE$COOK
Traeger Inc · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Traeger's financial performance in Q4 2021 reflected revenue growth and challenges in gross profit margin.
Traeger reported a 30.8% increase in total revenues for the fourth quarter of 2021, reaching $174.9 million. However, the gross profit margin decreased slightly to 37.4%. The company experienced a net loss of $33.7 million, or $0.29 per share, but adjusted net income was $3.6 million, or $0.03 per share. Adjusted EBITDA remained flat at $13.8 million.
- Total revenues increased by 30.8% to $174.9 million.
- Gross profit margin decreased by 80 basis points to 37.4%.
- Net loss was $33.7 million, or $0.29 per share.
- Adjusted EBITDA was $13.8 million, consistent with the prior year.
Headline financials
Revenue & EPS history
Traeger · Revenue · Quarterly
$175M
Revenue by segment
Traeger · $175M total across 3 segments · Q4 2021
- Grills$101M+9.3%57.6%
- Accessories$48.1M+422.8%27.5%
- Consumables$26.1M-19.4%14.9%
Forward guidance
Full year guidance reflects a moderation in year over year sales growth driven by comparing against two years of accelerated retail activity and the impact of inflationary pressures and geopolitical turmoil on consumer sentiment and discretionary spending, as well as gross margin pressures due to global supply chain challenges.
Tailwinds
- Total revenue is expected to be between $800 million and $850 million
- Adjusted EBITDA is expected to be between $70 million and $80 million
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2021
-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 | — | — | — |
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