Utah’s Traeger Grills lights a fire under public stock offering effort Art Raymond © Laura Seitz, Deseret News Traeger CEO Jeremy Andrus is photographed at Traeger Grills in Sugar House on Wednesday, Nov. 1, 2017. The company filed paperwork with the U.S. Securities and Exchange Commission Tuesday marking the first step toward a public stock offering.
Utah outdoor cookery giant Traeger Grills filed paperwork with the U.S. Securities and Exchange Commission Tuesday marking the first step toward a public stock offering.
The company, based in Salt Lake City, is coming off a year that saw sales skyrocket amid pandemic-induced isolation that drove a slew of new interest in home cooking. In its SEC filing, Traeger reported $32 million in net income on revenues of nearly $546 million in 2020, blowing by 2019’s $363 million in revenues and $29 million in net losses.
IPO: Traeger Grills files to join New York Stock Exchange
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Krispy Kreme expects $4B IPO valuation
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Who is David Zaslav? The Discovery CEO is about to lead a new streaming giant
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David Zaslav reinvented Discovery. Now he’s building a new streaming giant. Taylor Telford David Zaslav is a cable guy. “Zas,” as he is known to friends, spent the first two decades of his career at NBC, where he helped launch CNBC and MSNBC before taking the helm at Discovery in 2007. He took Discovery public, turned it into a reality television kingpin, then brought it back to its documentary and science-oriented roots. He made it a live sports destination with the acquisition of Eurosport and a deal to provide coverage of the Tokyo Olympics in international markets. During his tenure, Discovery’s profits more than doubled.