Weber Shares Fall as Barbecue Brand Cuts Profit View Again

Weber on Monday reduce its revenue outlook for the second consecutive quarter and stated gross sales would fall for the 12 months attributable to global supply-chain disruptions and slowdowns in retail site visitors.

The corporate stated the disruptions are making it arduous to supply merchandise wanted to assemble its grills and different merchandise. On the similar time, in-store and on-line gross sales site visitors slowed down at the start of this 12 months as extra prospects opted to journey extra. Unfavorable climate additionally turned folks away from grilling, the corporate stated.

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