Traeger Reveals Tariff Strategy, Pulls 2025 Financial Guidance

Traeger reported their Q1 2025 earnings today and as you can imagine the conversation was all about tariffs. We knew coming into to the call that they were raising prices, but we got insight into how much tariff they’re paying and how exposed they are.

Before getting into all the tariff talk, their performance in the quarter was similar to the preceding quarters. Grill revenue was up, but accessories continue to be a dog, led by MEATER.