WEBR Weber

[arekaywhy]

Ooof, Weber lists then a year later it craters...I would have thought such a good product might have held up as far as a company goes.

Maybe this points to a lack of disposable income for men over the last year?  Sign of the times?

[Ferg]

Could be a (temporary?) sign of the times...but it appears there are a few issues.  I have done all of 2 minutes research on them but it appears their next quarterly revenues are expected to be down ~13% on the last quarter.  The last 3 quarters had top line revenue declines YoY of -5%, -8% and -7%.  The CEO has just resigned.  The last quarter had a loss after some sort of tax adjustment.  I think I have had enough of a look to know I am not tempted.  This looks like one of those "cigar butts" Warren Buffett talks about.

Do you know if this was previously owned and listed by private equity?

Edit
Weber investor centre: https://investors.weber.com/overview/default.aspx

[arekaywhy]

No idea if it was ever previously listed, but I do know I LOVE my kettle