Traeger released earnings earlier this week and saw year-over-year growth in all segments of their business. Most importantly, they’ve worked their inventory position down to a point where they’re getting growth out of grill sales. Check their press release for all the numbers, we’ll focus on the key take-aways from their earnings call.
Consumers Need a Catalyst
Traeger CEO, Jeremy Andrus, noted some trends that they’ve noticed with the consumer in this headwind heavy environment. The first being that the consumer needs a catalyst to buy grills.