Pellet Fan
All Things Considered => General Discussion--Non food Related => Topic started by: Bar-B-Lew on July 06, 2021, 10:01:54 PM
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Based on the brief amount of information in this article they have been growing their business significantly, but not much money doing it.
https://www.marketwatch.com/story/grill-maker-traeger-files-for-ipo-11625607293
Info in this article shows better financial results. I get they are only discussing one quarter in this article, but those results seem dramatically different than what was listed in that other article.
https://www.bloomberg.com/news/articles/2021-07-06/maker-of-2-000-barbecue-grill-traeger-files-for-u-s-ipo
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I've owned a Traeger '09 Texas ... well since March 2010, so 11 years now. Never heard of the " Traegerhood "
I'm an MBA with digital marketing creds. This stuff angers me. It's all rainbows and unicorns. Traeger was a good start for me in this BBQ journey, but it's vastly overselling itself and will dupe investors in the long run.
DK
PS I walked into the hardware store yesterday and per your last post ... Yup Green Eggs, Weber, and Traeger. I guess one needs to start somewhere.
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I got a kick out of this comment from Traeger in the MarketWatch article.
Traeger said it makes grills that simplify wood-burning cooking by using proprietary pellets and a smartphone-linked control system, as well as a community of grill owners it calls the “Traegerhood.”
Simplifies cooking by using proprietary Pellets ? ? ? Hahahahahahaha