Earnings Releases·Nov 4, 2026, 4:06 PM ET

Traeger — Third Quarter Fiscal 2026 Earnings Summary

Total revenue decreased 40.4% year-over-year to $74.7 million, driven by lower grill, consumables, and accessories sales, while net loss narrowed to $28.5 million from $89.8 million in the prior year period.
Fiscal 2026 revenue guidance narrowed to $440 million–$460 million and Adjusted EBITDA guidance narrowed to $59 million–$65 million; management expects a return to revenue and Adjusted EBITDA growth in Q4 2026 and profitable growth in 2027.
Project Gravity initiatives resulted in reduced operating expenses and a stronger balance sheet, with cash and cash equivalents increasing to $67.8 million and inventory decreasing to $79.5 million.
Future outlook includes a national Lowe's launch expected in spring 2027 and continued expansion through Westwood and Irontop to support channel growth.