Traeger, Inc. Amends Exit/Disposal Cost Filing

Ticker: COOK · Form: 8-K/A · Filed: Dec 4, 2025 · CIK: 1857853

Sentiment: neutral

Topics: amendment, disposal-costs, financial-reporting

TL;DR

Traeger filed an update on disposal costs from May 2025, check the financials.

AI Summary

Traeger, Inc. filed an 8-K/A on December 4, 2025, to amend its previous filing regarding cost associated with exit or disposal activities. The original event date was May 15, 2025. The company, headquartered in Salt Lake City, Utah, is involved in the household appliances industry.

Why It Matters

This amendment provides updated information on costs related to Traeger's exit or disposal activities, which could impact the company's financial reporting and future operational strategies.

Risk Assessment

Risk Level: low — This is an amendment to a previous filing and does not introduce new material events or significant financial changes.

Key Players & Entities

FAQ

What specific costs associated with exit or disposal activities are being amended?

The filing does not specify the exact nature or amount of the costs being amended, only that it is an amendment to Item 7.01 regarding 'Cost Associated with Exit or Disposal Activities'.

When was the original event related to these costs?

The earliest event reported in relation to these costs was May 15, 2025.

What is the purpose of filing an 8-K/A?

An 8-K/A is filed to amend a previously filed 8-K report, providing corrections or additional information.

What industry does Traeger, Inc. operate in?

Traeger, Inc. operates in the HOUSEHOLD APPLIANCES industry, with SIC code 3630.

Where is Traeger, Inc. headquartered?

Traeger, Inc.'s principal executive offices are located at 533 South 400 West, Salt Lake City, Utah 84101.

Filing Stats: 1,069 words · 4 min read · ~4 pages · Grade level 13.3 · Accepted 2025-12-04 16:50:24

Key Financial Figures

Filing Documents

05. Costs Associated with Exit or Disposal Activities

Item 2.05. Costs Associated with Exit or Disposal Activities. As previously disclosed in a Current Report on Form 8-K filed on May 15, 2025 (the "May 8-K") and an amended Current Report on Form 8-K filed on August 6, 2025 (the "August 8-K") and November 5, 2025 (the "November 8-K"), the Board of Directors (the "Board") of Traeger, Inc. (the "Company") approved a comprehensive enterprise initiative designed to streamline the Company's organizational structure and rebalance its cost base to improve profitability and cash flow generation. As part of this initiative, the Company is identifying opportunities to deliver operational efficiencies and cost savings which are expected to be achieved through a multi-step strategic optimization plan ("Project Gravity"). Phase 1 of Project Gravity focused on centralizing the Company's operations, while Phase 2 introduced additional strategic actions related to channel optimization initiatives. These Phase 2 actions include discontinuing the Costco roadshow program, redirecting Traeger.com consumers to the Company's retail partners' websites as part of an exit from the Traeger direct-to-consumer business, transitioning to a distributor model in European markets that currently operate under a direct model, and pellet mill consolidation. As a result of these Phase 2 actions, on December 4, 2025, the Board approved a reduction in force to align workforce size with the Company's current operational scale. This action will result in approximately $8 million of additional annualized pre-tax cost savings. In connection with these developments under Phase 2 of Project Gravity, the Company is revising its expected range of pre-tax charges. The Company now anticipates incurring total pre-tax charges related to currently known and reasonably estimable actions of Project Gravity of between approximately $25.0 million and $31.0 million (the "Total Costs"), which primarily consist of cash expenditures. Of the Total Costs, the Company expe

Forward-Looking Statements

Forward-Looking Statements This Current Report on Form 8-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this Current Report on Form 8-K that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements regarding when the Company expects the completion of the actions under Project Gravity, expected costs related to Project Gravity, anticipated cost savings from Project Gravity, risks that the Company will be unable to realize the anticipated benefits of Project Gravity. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties, and other important factors that may cause the Company's actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements, including, but not limited to, the factors discussed under the caption "Risk Factors" in the Company's periodic and current reports filed with the Securities and Exchange Commission from time to time, including the Company's Annual Report on Form 10-K for the year ended December 31, 2024. Any such forward-looking statements represent management's expectations and estimates as of the date of this Current Report on Form 8-K. While the Company may elect to update such forward-looking statements at some point in the future, the Company disclaims any obligation to do so, even if subsequent events cause the Company's views to change.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Traeger, Inc. Date: December 4, 2025 By: /s/ Michael J. Hord Michael J. Hord Chief Financial Officer

View Full Filing

View this 8-K/A filing on SEC EDGAR

View on Read The Filing