** Shares of wood pellet grill maker Traeger Inc COOK.N down 2.8% premarket to $2.10, a six-mth low, after downbeat 2025 forecasts and finance chief change

** Salt Lake City, Utah-based firm late Thurs reported Q4 total rev grew 3% y/y to $168.6 mln, topping Wall Street consensus of $164.8 mln, per LSEG data

** Grill rev increased 30% from a yr ago to $78 mln, driven by higher unit volumes, partially offset by avg selling price decrease, co said

** Adj EBITDA in qtr of $18.4 mln up from $13 mln, and above analysts' expectations of ~$17 mln

** For 2025, co sees total rev of $595-$615 mln and adj EBITDA of $75-$85 mln, missing analysts' views of $628.2 mln and $88.4 mln, respectively

** Co also announced CFO Dominic Blosil would step down and be succeeded by Joey Hord, who is currently its senior VP of finance and strategy

** Blosil to provide transition support through the end of 2025, co said

** Reacting to report, Canaccord Genuity cut PT from $7 to $5, and Morgan Stanley trims PT from $3 to $2.50

** Jefferies, which rates COOK 'hold', said co's recovery continues to progress though uncertainty remains, given shift in consumer spending habits and unknown tariff implications

** Though Thurs close, stock down ~10% YTD and has lost nearly 40% over the past six months

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))