
Traeger Inc. is rated HOLD due to limited near-term catalysts, with the Lowe's distribution agreement impact not expected until 2027. COOK's 2Q26 showed improving EBITDA and cash flows from cost savings, but revenue declined 17.4% YoY, and MEATER sales underperformed. Management cut full-year sales guidance to -20% YoY, with 3Q26 expected to be seasonally weak and EBITDA guidance unchanged from cost controls.










