Full-Time
Corporate Finance Manager
Posted on 8/7/2025
Traeger
501-1,000 employees
Wood pellet grills with IoT connectivity
No salary listed
Salt Lake City, UT, USA
In Person
 Finance & Banking (1) |
|---|
- BS required
- 4+ years of financial modeling and analysis
- Advanced Excel and PowerPoint skills; proficiency with Adaptive Planning and Redshift/SQL is a plus
- Attention to detail in the development of management quality reporting and analytics for Senior Leadership
- Strong ability to balance multiple competing priorities and maintain strong organizational skills
- Strong analytical abilities and accounting knowledge
- Ability to work independently in a fast-paced environment
- Excellent oral/written communication skills
- Own and drive improvement in the long-term operating model, blending the strategic vision of the organization with tactical execution
- Collaborate with key business units in the organization on the metrics that drive our thinking around long-term performance
- Coordinate with stakeholders across the organization including product and sales on how the business is expected to evolve over the long term
- Facilitate the communication of the long-term model through executive-level presentations
- Manage the short- to mid-term guidance financial model used to inform analysts and investors
- Own all balance sheet modeling for the organization, from cash down to retained earnings
- Maintain a detailed cash flow model that provides both short- and long-term perspectives on working capital needs
- Experience with consumer products and/or manufacturing companies preferred
- Proficiency with Adaptive Planning and Redshift/SQL is a plus
Traeger makes wood pellet grills and related outdoor cooking products. Its Wi-Fi enabled grills connect to the Traeger app, allowing remote control, programmable cook cycles, and access to recipes and cooking classes. The business combines high-ticket grills with recurring sales of consumables (pellets, rubs, sauces) and accessories, sold through both retailers and online channels. The company aims to provide a connected outdoor cooking experience and a growing ecosystem around grills, consumables, and a community called Traegerhood.
Company Size
501-1,000
Company Stage
IPO
Headquarters
Salt Lake City, Utah
Founded
1924
Simplify's Take
What believers are saying
- Westwood Series launched April 14, 2026, at $699-$799 with WiFIRE for entry-level growth.
- Q1 2026 $12.4M tariff refund boosts adjusted EBITDA to $17.3M, raises full-year guidance.
- Omnichannel shift to Home Depot and Ace Hardware stabilizes $465M-$485M FY2026 revenue.
What critics are saying
- Pit Boss 820 Pro Series at $499 erodes Westwood market share within 6-12 months.
- WiFIRE fails on 5GHz networks and old routers, sparking forum backlash and returns.
- Q1 2026 grill revenues drop 45% to $47.4M from inventory destocking, crushing margins.
What makes Traeger unique
- Traeger invented wood pellet grilling, patenting design in 1987 for 20-year monopoly.
- WiFIRE technology enables app-based remote control, recipe library, and Traegerhood community.
- Razor-and-blade model drives recurring revenue from proprietary hardwood pellets and rubs.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Tuition Reimbursement
Professional Development Budget
Employee Discounts
Company News
Traeger, a grilling equipment manufacturer, reported full-year 2025 revenue of $560 million and adjusted EBITDA of $70 million, both exceeding guidance. However, fourth-quarter revenue fell 14% year-over-year to $145 million, with gross margin declining 350 basis points to 37.4%. The company ended 2025 with $20 million in cash and $384 million in total net debt. Despite maintaining market share, Traeger faces headwinds from tariffs and competitive pressures, particularly affecting its MEATER product line. For 2026, Traeger projects revenue of $465 million to $485 million, representing a decline from 2025, with adjusted EBITDA guidance of $50 million to $60 million. The company expects to generate at least $30 million in free cash flow whilst implementing its Project Gravity cost reduction initiative.
Traeger reported Q4 earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.02 per share, representing a 50% earnings surprise to the downside. This marks the third time in four quarters the barbecue grill maker has missed consensus EPS estimates. The company posted revenues of $145.36 million for the quarter ended December 2025, exceeding the Zacks Consensus Estimate by 5.26%. This compares to year-ago revenues of $168.64 million. Traeger has topped consensus revenue estimates three times over the last four quarters. Shares have declined 23.2% since the beginning of the year, underperforming the S&P 500's 0.4% gain. The company currently holds a Zacks Rank of three, suggesting shares are expected to perform in line with the market near-term.
Traeger, the wood pellet grill maker, reported fourth-quarter revenues of $145.4 million, down 13.8% year-over-year, with grill revenues falling 22.3% to $60.6 million. The company posted a net loss of $17.2 million compared to $7.0 million in the prior year, though adjusted EBITDA rose to $19.4 million from $18.4 million. For full-year 2025, total revenues declined 7.4% to $559.5 million, whilst net loss reached $115.2 million, including a $74.7 million goodwill impairment. The company expanded its Project Gravity cost-saving initiative, expecting total annualised savings of $64 million to $70 million. For fiscal 2026, Traeger forecasts revenues between $465 million and $485 million, with free cash flow of at least $30 million. The guidance excludes potential tariff impacts.
Traeger to participate in the Canaccord Genuity 45th Annual Growth Conference.
Traeger's Flatrock 2 Zone Delivers High-End Performance in a Compact, Space-Saving Design Building Off the Award-Winning Innovation of the Flatrock 3 ZoneSALT LAKE CITY, April 3, 2025 /PRNewswire/ -- Traeger, Inc. ("Traeger") (NYSE: COOK), the innovators and category leaders in wood-pellet grills, today announced another addition to its popular griddle lineup, launching the Flatrock 2 Zone Griddle. Traeger's expansion of the griddle lineup with the Flatrock 2 Zone offers the same premium performance as the Flatrock 3 Zone in a more compact and accessible design, making high-quality outdoor cooking more efficient and versatile than ever before.TRAEGER GRILLS REIGNITES THE GRIDDLE CATEGORY FURTHER EXPANDING THE OUTDOOR COOKING EXPERIENCE BY LAUNCHING THE FLATROCK 2 ZONETraeger's initial entry into the griddle cookware category with the award-winning Flatrock 3 Zone sent shockwaves of excitement through the Traegerhood, setting a new standard and enabling customers to deliver next-level consistency with unmatched flavors. The Flatrock 2 Zone introduces a two-zone cooking system and streamlined ignition process for a more simple, efficient, and accessible cooking experience. Every part of the Flatrock Series of griddles creates an entirely new set of possibilities for all outdoor cooking, bringing fajitas, fried rice, smashed burgers, and epic breakfast feasts to your backyard gatherings."It was clear after launching our Flatrock 3 Zone that there is a unique hunger in the outdoor cooking space for the versatility that the griddle category provides," said Jeremy Andrus, Traeger Grills CEO. "As we continue evolving our product offerings, we knew we wanted to introduce that same game-changing innovation and best-in-class quality in a smaller footprint