Traeger Inc designs, sources, sells, and supports wood pellet fueled barbeque grills sold to retailers, distributors, and direct to consumers. It produces and sells the pellets used to fire the grills and also sells Traeger-branded rubs, spices, and sauces, as well as grilling accessories including covers, barbeque tools, trays, liners, and merchandise. The company's geographical segments include North America and the Rest of the world, of which majority of revenue is from North America.
Zacks Investment Research
Traeger (COOK) Moves 6.9% Higher: Will This Strength Last?Stock markets closed mixed with technology stocks declining while healthcare, consumer staples, and financials gained. Traeger rallied 6.9% on strong volume despite expected quarterly losses and declining revenues. Westlake closed slightly higher but faces significant earnings estimate revisions and carries a Strong Sell rating.
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