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Stock impact report

Traeger, Inc.'s (NYSE:COOK) Path To Profitability [Yahoo! Finance]

Traeger, Inc. (COOK) 
Company Research Source: Yahoo! Finance
Traeger, Inc., together with its subsidiaries, designs, sources, sells, and supports wood pellet fueled barbecue grills for retailers, distributors, and direct to consumers in the United States. With the latest financial year loss of US$84m and a trailing-twelve-month loss of US$51m, the US$431m market-cap company alleviated its loss by moving closer towards its target of breakeven. Many investors are wondering about the rate at which Traeger will turn a profit, with the big question being “when will the company breakeven?” In this article, we will touch on the expectations for the company's growth and when analysts expect it to become profitable. View our latest analysis for Traeger Consensus from 10 of the American Consumer Durables analysts is that Traeger is on the verge of breakeven. They expect the company to post a final loss in 2025, before turning a profit of US$4.0m in 2026. The company is therefore projected to breakeven around 2 years from now. What rate will the compa Show less Read more
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