After it was revealed that Traeger is doing layoffs and other cost cutting measures, Traeger has announced their earnings release date for their quarter ended June 2022. It will take place after the market closes on August 10th, with a conference call at 4:30 pm EST.
Following Weber’s bad financial news this week, expectations are low for Traeger’s earnings. Analysts estimate Traeger’s revenue for the quarter to be between $186.93 million and $241.94 million with an average of $221.7 million. That translates to an estimated EPS of $0.01 to $0.09 with an average $0.05. A far cry from the $0.015 they did last year.
Solo Stove maker Solo Brands scheduled their earnings release for the following morning of August 11th before the market opens. They’ll have a conference call at 8:30 am EST to go over the results.
The analysts covering Solo Brands have revenue between $108 million and $146.43 million with an average of $122.74 million. On the bottom line, that translates to an EPS estimate of $0.17 to $0.36 with an average of $0.28.