SALT LAKE CITY (AP) — SALT LAKE CITY (AP) — Traeger Inc. (COOK) on Wednesday reported a loss of $4.7 million in its first quarter.
The Salt Lake City-based company said it had a loss of 4 cents per share. Earnings, adjusted for one-time gains and costs, came to 4 cents per share.
The results met Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of 4 cents per share.
The barbecue grill maker posted revenue of $144.9 million in the period, surpassing Street forecasts. Six analysts surveyed by Zacks expected $143.4 million.
Traeger expects full-year revenue in the range of $580 million to $605 million.
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