COOK (Traeger) reported lower Q2 revenue but higher adjusted EBITDA, citing softer sales in its MEATER accessories business and lower average grill selling prices. The company also pointed to channel changes related to its planned national rollout at Lowe's. Net-net, the revenue softness is a near-term headwind even as EBITDA improved.
COOK (Traeger) reported lower Q2 revenue but higher adjusted EBITDA, citing softer sales in its MEATER accessories business and lower average grill selling prices. The company also pointed to channel changes related to its planned national rollout at Lowe's. Net-net, the revenue softness is a near-term headwind even as EBITDA improved.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.25
Ticker Sentiment
