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Today's News on Weber $WEBR

Weber drops

Weber Inc. replaced its top executive Chris Scherzinger on Monday and warned that mounting inflation and supply chain pressures could hurt the grill maker's finances and workforce, sending the company's shares down 20% in premarket trading.

The company withdrew its net sales and core earnings forecasts for fiscal 2022, saying higher consumer prices and geopolitical uncertainty were weighing on both store operations and profit margins.

🟥 $WEBR ( 🔽-12.88%)

Source: https://reut.rs/3otDWzk