Alan Matula News Today

Palatine-based Weber Inc., maker of the iconic Weber outdoor grill, is a private company once again with the closing of its sale to investment funds managed by BDT Capital Partners LLC.

Operator: Good morning. Welcome to Weber Inc.s 2022 Fiscal Fourth Quarter and Year End Earnings Call. All lines have been placed on mute to prevent any background noise.

Weber Inc’s (NYSE:WEBR) stock rose 23.2% higher on Monday, closing at $8.01 after receiving a revised takeover offer worth $2.3 billion

WEBR earnings call for the period ending September 30, 2022.

Weber has experienced sharp contraction in consumer demand for various reasons, as well as high input inflation. See why we have a hold rating on WEBR.

Palatine-based grill maker Weber Inc. plans to cut its workforce in the wake of a new quarterly earnings report showing its net sales dropped 21% from with the same period last year, the company announced this week.

WEBR earnings call for the period ending June 30, 2022.

Weber's CEO gets the boot from the board of directors.

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