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TRAEGER WOOD FIRED GRILLS TRAEGER ANNOUNCES SECOND QUARTER FISCAL 2021 RESULTS PROVIDES OUTLOOK FOR FULL YEAR 2021 SALT LAKE CITY , Ut . , September 9 , 2021 ( BUSINESS WIRE ) -- Traeger , Inc. ( " Traeger " ) ( NYSE : COOK ) , creator and category leader of the wood pellet grill , today announced its financial results for the three - month period ended June 30 , 2021 . Second Quarter FY 21 Highlights • . Total revenue grew 39.1 % to $ 213.0 million as compared to the second quarter last year Gross margin of 39.1 % Net loss of $ 4.9 million Adjusted EBITDA of $ 26.9 million " We are extremely pleased and energized by the momentum in our business as we continue to disrupt the grilling industry , " commented Jeremy Andrus , CEO of Traeger . " Our strong revenue growth as well as the ongoing expansion and engagement of our passionate and engaged Traegerhood community demonstrate the power of our brand and our business model . " We saw strong performance across regions and product categories . North America revenue increased 36.1 % in the second quarter compared to the second quarter of 2020. Performance was driven by the productivity of our omnichannel sales strategy , the strength of our retail partnerships , and investment in top - of - funnel demand creation as we continue to drive brand awareness . We are also seeing exceptional growth in Canada as we optimize our sales and marketing strategy post the acquisition of our two Canadian distributors in late 2020. Rest of World second quarter revenue increased 163.0 % , reflecting strong growth in both our direct markets and in markets managed by our third party distributors . We continue to invest in consumer - led innovation that spans physical and digital products , and consumables . As part of our platform expansion , on July 1 , 2021 we acquired Apption Labs ( MEATER ) , a leader in smart meat thermometers . The acquisition further expands our connected cooking platform and enhances the cooking experience . " Looking ahead , we see a significant opportunity to drive market share gains and remain committed to investing in product innovation , brand awareness , geographic expansion , and infrastructure to support long term and sustainable growth . I want to thank our team for the tremendous enthusiasm and hard work as we continue our journey forward , " said Jeremy Andrus , CEO of Traeger . Operating Results for the Second Quarter Total revenue increased by 39.1 % to $ 213.0 million , compared to $ 153.2 million in the second quarter last year , performance across the following product categories : driven by strong • • • Grills increased 40.1 % to $ 156.1 million as compared to the second quarter last year Consumables increased 27.8 % to $ 41.2 million as compared to the second quarter last year Accessories increased 64.8 % to $ 15.7 million as compared to the second quarter last year 1