Traeger: Q2 Earnings Snapshot
SALT LAKE CITY (AP) — SALT LAKE CITY (AP) — Traeger Inc. (COOK) on Tuesday reported a loss of $2.6 million in its second quarter.
The Salt Lake City-based company said it had a loss of 2 cents per share. Earnings, adjusted for one-time gains and costs, came to 6 cents per share.
The results met Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of 6 cents per share.
The barbecue grill maker posted revenue of $168.5 million in the period, which topped Street forecasts. Six analysts surveyed by Zacks expected $167.1 million.
Traeger expects full-year revenue in the range of $590 million to $605 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COOK at https://www.zacks.com/ap/COOK