HomeGrill ManufacturersTraeger to Release Q3 2022 Results - CEO Jeremy Andrus Buys More...

Traeger to Release Q3 2022 Results – CEO Jeremy Andrus Buys More Stock

Following the lead of Vista Outdoor, Traeger has announced the release date for their Q3 2022 earnings. They’ll release results after market close on Wednesday, November 9, 2022, followed by a conference call at 4:30 pm EST.

It will be Traeger’s first earnings release since they laid off staff and announced their turnaround plans. It also comes on the heels of a rumor that Weber is looking to take on more debt.

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CEO Jeremy Andrus is giving positive signals about his faith in Traeger by purchasing more stock. According to an SEC filing, he purchased another 148,878 shares at an average of $2.896 per share, for a total purchase around $431,000. With this purchase, he now owns over 9 million shares of Traeger directly and another 3.9 million indirectly in a holding company.

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