Traeger Inc

NYSE COOK

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Traeger Inc Operating Expense Ratio for the year ending December 31, 2023: 39.37%

Traeger Inc Operating Expense Ratio is 39.37% for the year ending December 31, 2023, a -22.47% change year over year. The operating expense ratio represents the proportion of a company's operating expenses to its revenue. It is calculated by dividing the operating expenses by the revenue. This ratio provides insights into the efficiency of a company's cost structure and its ability to control operating expenses relative to its revenue generation. A lower ratio indicates higher operational efficiency and cost management, while a higher ratio suggests higher operating expenses relative to revenue.
  • Traeger Inc Operating Expense Ratio for the year ending December 31, 2022 was 50.78%, a 11.39% change year over year.
  • Traeger Inc Operating Expense Ratio for the year ending December 31, 2021 was 45.59%, a 40.99% change year over year.
  • Traeger Inc Operating Expense Ratio for the year ending December 31, 2020 was 32.33%, a -19.17% change year over year.
  • Traeger Inc Operating Expense Ratio for the year ending December 31, 2019 was 40.00%.
NYSE: COOK

Traeger Inc

CEO Mr. Jeremy Andrus
IPO Date July 29, 2021
Location United States
Headquarters 1215 East Wilmington Avenue, Salt Lake City, UT, United States, 84106
Employees 640
Sector Consumer Cyclical
Industry Furnishings, fixtures & appliances
Description

Traeger, Inc., together with its subsidiaries, designs, sources, sells, and supports wood pellet fueled barbecue grills for retailers, distributors, and direct to consumers in the United States. Its wood pellet grills are internet of things devices that allow owners to program, monitor, and control their grill through its Traeger app. The company also produces a library of digital content, including instructional recipes and videos that demonstrate tips, tricks, and cooking techniques that empower Traeger owners to progress their cooking skills; and short- and long-form branded content highlighting stories, community members, and lifestyle content from the Traegerhood. In addition, it provides wood pellets that are used to fire the grills; rubs, spices, and sauces; accessories, such as pop-and-lock accessory rail covers, drip trays, bucket liners, storage bins, and shelves; tools to aid in meal prep, cooking, and cleanup, including pellet storage systems, cleaning solutions, barbecue tools, and MEATER smart thermometer; replacement parts; and apparel and merchandise, including t-shirts, hooded sweatshirts, and baseball hats. Traeger, Inc. was founded in 1987 and is headquartered in Salt Lake City, Utah.

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StockViz Staff

September 20, 2024

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