Traeger, Inc. (NYSE: COOK) is the creator and category leader of wood pellet grills, an outdoor cooking system that uses all-natural hardwoods to grill, smoke, bake, roast, braise, and barbecue. In 2023, Traeger expanded into the griddle category, further establishing its position in outdoor cooking. The company's platform is centered on grills and complemented by Traeger wood pellets, rubs, sauces, accessories, and MEATER smart thermometers. Traeger sells through major retail partners and direct-to-consumer channels. The company is currently executing a strategic transformation initiative called Project Gravity, aimed at simplifying its operating model, improving cash generation, and positioning the business for sustainable profitable growth. Recent product introductions include the Westwood and Irontop lines, and the company has announced a new distribution partnership with Lowe's to broaden retail access. Updated
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Traeger, Inc. (NYSE: COOK) is the creator and category leader of wood pellet grills, an outdoor cooking system that uses all-natural hardwoods to grill, smoke, bake, roast, braise, and barbecue. In 2023, Traeger expanded into the griddle category, further establishing its position in outdoor cooking.