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home / news releases / traeger inc cook q1 2024 earnings call transcript


COOK - Traeger Inc. (COOK) Q1 2024 Earnings Call Transcript

2024-05-10 08:31:08 ET

Traeger, Inc. (COOK)

Q1 2024 Earnings Conference Call

May 08, 2024, 16:30 PM ET

Company Participants

Nick Bacchus - VP, IR

Jeremy Andrus - CEO

Dom Blosil - CFO

Conference Call Participants

Simeon Siegel - BMO Capital Markets

Peter Benedict - Baird

Joe Feldman - Telsey Advisory Group

Madison Callinan - Canaccord Genuity

Megan Alexander - Morgan Stanley

Presentation

Nick Bacchus

Good afternoon, everyone. Thank you for joining Traeger's call to discuss its First Quarter 2024 Results, which were released this afternoon and can be found on our website at investors.traeger.com.

I'm Nick Bacchus, Vice President of Investor Relations at Traeger. With me on the call today are Jeremy Andrus, our Chief Executive Officer; and Dom Blosil, our Chief Financial Officer.

Before we get started, I want to remind everyone that management's remarks on this call may contain forward-looking statements that are based on current expectations but are subject to substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied herein. I encourage you to review our annual report on Form 10-K for the year ended December 31, 2023, our quarterly report on Form 10-Q for the quarter ended March 31, 2024, once filed, and our other SEC filings for a discussion of these factors and uncertainties, which are also available on the Investor Relation portion of our website. You should not take undue reliance on these forward-looking statements, which speak only as of today. We undertake to update or revise them for any new information.

This call will also contain certain non-GAAP financial measures, including adjusted EBITDA, adjusted net income, adjusted net income per share, and adjusted EBITDA margin, which we believe are useful supplemental measures. The most comparable GAAP financial measures and reconciliations of the non-GAAP measures contained herein to such GAAP measures are included in our earnings release, which is available on the Investor Relations portion of our website at investors.traeger.com. Please note that our definition of these measures may differ from similarly titled metrics presented by other companies. Now, I'd like to turn the call over to Jeremy Andrus, chief executive officer of Traeger.

Jeremy Andrus

Thank you, Nick. Thank you for joining our first-quarter earnings call. Today, we'll be discussing our first quarter results, and we'll provide an update on our strategic growth pillars before handing the call over to Dom to provide further detail on our quarterly performance. Despite facing a challenging demand backdrop, I'm pleased with our execution in the first quarter....

For further details see:

Traeger, Inc. (COOK) Q1 2024 Earnings Call Transcript
Stock Information

Company Name: Traeger Inc.
Stock Symbol: COOK
Market: NYSE
Website: traeger.com

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