COOK / Traeger reports mixed earnings as grill sales weaken

Penny stocks, defined as stocks trading under $5 per share, present traders and investors with opportunities for explosive returns. However, the penny more_horizontal

Traeger, Inc. designs and sells outdoor grills for consumer use, including wood pellet and gas grills. The global market for barbeque grills is expect more_horizontal

Traeger, Inc., a company known for its wood pellet grills, went public in 2021 but has faced challenges due to the reversal of pandemic trends. The co more_horizontal

Treager shares soared after the grill-maker reported second quarter results that topped Street estimates and raised its full-year outlook. Traeger was more_horizontal

The outdoor cooking brand reported improving revenue trends. The loss on the bottom line also improved significantly over the year-ago quarter. more_horizontal

Traeger (NYSE: COOK ) stock is rising higher on Thursday after releasing its earnings report for the second quarter of 2023! The good news for COOK s more_horizontal

While the top- and bottom-line numbers for Traeger (COOK) give a sense of how the business performed in the quarter ended June 2023, it could be worth more_horizontal

Traeger reported higher-than-expected revenue in its latest quarter on Wednesday as additional price hikes helped offset a drop in units sold due to l more_horizontal