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Traeger NYSE: COOK reported lower second-quarter revenue but higher adjusted EBITDA, as the outdoor cooking company cited softer sales at its MEATER accessories business, lower average grill selling prices and channel changes tied to its planned national rollout at Lowe's.

Traeger (COOK) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of a loss of $2.2 per share. This compares to a loss of $0.5 per share a year ago.

Traeger, Inc. (COOK) Q2 2026 Earnings Call Transcript

SALT LAKE CITY--(BUSINESS WIRE)--Traeger, Inc. ("Traeger" or the "Company") (NYSE: COOK), creator and category leader of the wood pellet grill, today announced its financial results for the three months ended June 30, 2026. Second Quarter FY26 Results Total revenues decreased 17.4% to $120.2 million Grill revenues decreased 17.0% to $61.6 million Net loss of $8.6 million, up 16.0% from $7.4 million in the prior year Adjusted EBITDA of $17.3 million, up 21.0% from $14.3 million in the prior year.