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Traeger: Q2 Earnings Snapshot
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SALT LAKE CITY (AP) — SALT LAKE CITY (AP) — Traeger Inc. (COOK) on Wednesday reported a loss of $8.6 million in its second quarter.

On a per-share basis, the Salt Lake City-based company said it had a loss of $3.12. Earnings, adjusted for one-time gains and costs, were 53 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of $2.20 per share.

The barbecue grill maker posted revenue of $120.2 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $127.4 million.

Traeger expects full-year revenue in the range of $435 million to $465 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

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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