Weber Kettle Club Forums

General => Off Topic => Topic started by: bigred on July 12, 2021, 09:52:59 AM

Title: Weber files for U.S. IPO
Post by: bigred on July 12, 2021, 09:52:59 AM
Filing shows 62% year on year growth in revenues for six month end March 31


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Title: Re: Weber files for U.S. IPO
Post by: KevinInStL on July 12, 2021, 11:28:48 AM
Ughhh nooo. Not good at all. Quality will continue to decline, innovation will continue to be stifled to focus on short term maximization of profits.


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Title: Re: Weber files for U.S. IPO
Post by: P0234 on July 13, 2021, 05:20:40 AM
I can't see any future for this except the brand eventually being sold to some Chinese company after a few years after the stock goes nowhere. There is no sustainable growth in the grilling business IMO.
Title: Re: Weber files for U.S. IPO
Post by: Vwbuggin64 on July 13, 2021, 03:48:32 PM
Hmmm looks like i need to pick up a couple of shares.


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Title: Re: Weber files for U.S. IPO
Post by: P0234 on February 22, 2023, 05:37:24 AM
Quote from: P0234 on July 13, 2021, 05:20:40 AM
I can't see any future for this except the brand eventually being sold to some Chinese company after a few years after the stock goes nowhere. There is no sustainable growth in the grilling business IMO.

Looks like we are one step closer to that reality.

https://www.chicagobusiness.com/finance-banking/weber-grill-taken-private-byron-trotts-bdt-financials-worsen