Traeger and Solo Stove parent, Solo Brands, both have announced the reporting date for their Q1 2022 earnings.
Traeger (NYSE: COOK) will give their earnings after market close on Wednesday, May 11th and will host a conference call at 4:30pm Eastern Time. When they reported earnings last quarter, they beat earnings expectations, but disappointed with their 2022 guidance due to supply chain issues. They also announced during their call that they would be releasing a new, premium grill, which ended up being the Timberline XL.
There are 9 analysts covering Traeger with an average EPS estimate of $0.09 and a range of $0.05 to $0.12 for the current quarter. The revenue estimate ranges from $207 million to $212 million, with an average of $210.1 million.
Solo Brands (NYSE: DTC) will report Q1 results the day after Traeger, on Thursday, May 12th before the market opens. They will then host a conference call to discuss the results at 8:30 am Eastern Time. Their previous was well received both in terms of earning for the quarter and guidance for 2022. The call was on the heels of releasing their new pizza oven, the Solo Stove Pi and they announced on the call that their new Solo Stove heat deflector was shipping to customers.
The 6 analysts covering Solo Brands have an EPS estimate range of $0.02 to $0.13 with an average of $0.08 for the quarter. 5 of they analysts provided a revenue estimate ranging from $83.64 million to $85.07 million, with an average of $84.5 million.