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Nov. 2, 2021, 12:20 p.m. EDT

Grill company Traeger launches meal boxes with items like Wagyu beef brisket

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By Tonya Garcia

Traeger Inc. /zigman2/quotes/228383287/composite COOK -3.30% announced the launch of Traeger Provisions on Tuesday, a line of meal boxes that serve four to 16 people and contain items like Wagyu beef brisket, Berkshire St. Louis ribs, rubs, sauces and bourbon baked beans with bacon. Prices range from $100 to $300 depending on the protein choice and serving size. "Following a six-month test in four markets, we are extremely pleased with the strong response, with 92% of participants expressing intent to purchase again, and 58% indicating interest in four or more boxes per year," said Jeremy Andrus, chief executive of Traeger, in a statement. A limited-edition Thanksgiving box is coming, containing either turkey or Italian-style Porchetta along with sides and desserts. Traeger stock, which began trading in July, has fallen 17.8% over the past three months while the benchmark S&P 500 index /zigman2/quotes/210599714/realtime SPX -0.97% has gained 5.5%.

/zigman2/quotes/228383287/composite
US : U.S.: NYSE
$ 9.67
-0.33 -3.30%
Volume: 682,589
Jan. 19, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$1.18 billion
Rev. per Employee
N/A
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/zigman2/quotes/210599714/realtime
US : S&P US
4,532.76
-44.35 -0.97%
Volume: 2.48B
Jan. 19, 2022 4:58p
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