With consumers feeling economic headwinds and gross margins shrinking from tariffs, companies in the outdoor cooking space are strategizing how to preserve earnings. They’re looking to the only place they can to shrink, operating expense, which means reducing headcount.
Ooni
Ooni has been going through some changes as a company. Just this week they announced that they’ve appointed their first non-founder CEO. They’ve seen their sales decline, and with the US being their number one market, they have to be feeling the impacts of tariffs.