2Año·

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?

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7 Comentarios

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Napoleon > Weber. Would be a company I would never invest in. It simply lacks a unique selling proposition 😅
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@tim1 Napoleon bester Grill
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@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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@Barsten In the end, it's like Audi versus BMW. Everyone has their preference 😅
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@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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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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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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