Traeger Implementing Cost Savings Plan, Including a Reduction in Force

Traeger is feeling the impacts of tariffs and are trying to navigate through it with a variety of strategic initiatives. After the grill market crash from the Pandemic and the macroeconomic pressures since then, they’re back to weathering another economic storm.

As we have disclosed previously, approximately 80% of our Grills were produced in China in fiscal 2024 with the balance of production in Vietnam.