2Yr·

BBQ manufacturer Weber is in free fall in pre-market trading and is currently down 17.7 percent after the company suspended its dividend and withdrew its outlook as part of preliminary figures. The company cites slow customer demand in all key markets and weak foreign currencies as reasons.

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What do you guys think? Which companies will also take this step?

7 Comments

tim1@tim1

2Yr

Napoleon > Weber. Would be a company I would never invest in. It simply lacks a unique selling proposition 😅

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Derebete@Derebete

2Yr

@tim1 Napoleon bester Grill

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Barsten@Barsten

2Yr

@Derebete Weber best barbecue; I'm really happy with our five barbecues, but I wouldn't invest in either Weber or Napoleon.

Webet feels very strongly represented in North America and Asia, Napoleon still has some catching up to do.

In terms of quality, however, the two don't have much in common.

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tim1@tim1

2Yr

@Barsten In the end, it's like Audi versus BMW. Everyone has their preference 😅

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Barsten@Barsten

2Yr

@tim1 absolutely, it's a matter of taste and as I said, the two are the same quality, they are both good manufacturers of good barbecues 🍗

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TheUnderdog@TheUnderdog1

2Yr

Global companies based in the USA are suffering from the strong dollar. And it is primarily these companies that will also take these steps. Hirings are already declining, budgets are being cut, sales are shrinking and profit expectations are falling accordingly.

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MarsEquities@CircusClown

2Yr

Weber is still a short (if the short fee were not at 50%). Could imagine a dividend cut coming for Intel

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