Weber Shares Tank as Grill Maker Announces CEO Departure Amid Disappointing Sales
Shares of Weber tumbled after the company said CEO Chris Scherzinger is departing amid waning consumer demand.
Source: nbclosangeles.com
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Shares of Weber tumbled after the company said CEO Chris Scherzinger is departing amid waning consumer demand.
(Reuters) - Weber Inc on Monday replaced top boss Chris Scherzinger with an insider and warned that mounting inflationary and supply chain pressures c...
The company said it is also considering workforce reductions.
Management unexpectedly threw the kitchen sink at investors this morning.
Weber shares down 20% after outdoor grills and accessories manufacturer said it's replacing its CEO Chris Scherzinger.