SALT LAKE CITY (AP) 鈥� SALT LAKE CITY (AP) 鈥� 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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