COOK Earnings Prediction
The chart below shows how COOK performed 10 days before and after its earnings report, based on data from the past quarters. Typically, COOK sees a +6.94% change in stock price 10 days leading up to the earnings, and a +3.93% change 10 days following the report. On the earnings day itself, the stock moves by -2.78%. This data can give you a slight idea of what to expect for the next quarter's release.
COOK Key Earning Data
COOK Earnings Analysis
Positive
Grills Business Growth: First quarter results were in line with expectations, with solid growth in the Grills business, which was up 13% year-over-year.
Stable EBITDA Performance: Adjusted EBITDA of $23 million was only slightly down from $24 million in the previous year, indicating stable profitability despite challenges.
Grill Sales Surge: Grill sales increased by 13% compared to the prior year, demonstrating strong consumer demand and effective sales strategies.
Product Launch Success: The launch of the new Woodridge wood pellet grill received positive consumer reception, achieving an average rating of 4.8 stars, the highest for a product launch in the company's history.
Roadshow Expansion Success: The company successfully increased the number of roadshows at Costco by nearly 50% compared to the previous year, enhancing brand awareness and driving sales.
Product Innovation Commitment: The introduction of new products, such as the Flatrock 2 Zone griddle, showcases the company's commitment to innovation and meeting consumer demand.
Product Innovation and Revamp: Despite a decline in consumables revenue, the company launched new flavors and revamped its product line, indicating ongoing innovation in this segment.
Strategic Pricing Adjustments: The company has implemented strategic pricing increases in response to tariffs, which reflects a proactive approach to maintaining profitability.
Cost Management Improvement: General and administrative expenses decreased significantly, indicating improved cost management and efficiency within the organization.
Negative
Revenue Decline Analysis: First quarter revenues declined 1% to $143 million, indicating a stagnation in growth compared to the previous year.
EBITDA Decline Analysis: Adjusted EBITDA decreased to $23 million from $24 million in the same quarter last year, reflecting a slight decline in profitability.
Accessories Revenue Decline: Accessories revenue decreased 27% to $26 million, primarily due to a decline in MEATER sales, which is under pressure from competition and a slowing market.
Financial Guidance Withdrawal: The company has withdrawn its prior financial guidance for fiscal 2025 due to uncertainties surrounding tariffs and consumer demand, indicating a lack of confidence in future performance.
Gross Profit Decline: Gross profit decreased to $59 million from $63 million, with gross margin negatively impacted by unfavorable mix shifts and increased marketplace investments.
Regional Revenue Disparities: North American revenues increased by 6%, but Rest of World revenues plummeted by 47%, highlighting significant challenges in international markets.
Financial Stability Concerns: The company has a leveraged balance sheet with $404 million in long-term debt, raising concerns about financial stability in a volatile environment.
COOK FAQs
How does COOK typically perform around its earnings report dates?
COOK's stock performance around earnings reports can vary, but historical data shows specific patterns, such as a +6.94% change leading up to the report and a +3.93% change in the 10 days following the release.
Is Traeger Inc (COOK) Q1 2025 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
COOK Earning Call Sentiment
Traeger, Inc. (COOK) Q1 2025 Earnings Call Transcript
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