The Opportunities and Risks of Weber’s Business Rebuild

Weber has some work to do if they want to dig themselves out of the hole they’re in. They took on a bunch of debt, and are going private as they rebuild. As part of that process they worked through a strategy with Centerview Partners. As we noted last week when we showed Weber’s financial forecast, those documents have been made public. Now we’ll take a look at what Weber’s management views as their opportunities and risks going forward.

New Products in 2024

This year, Weber’s new products are the Lumin electric grill and their first griddle. If that list feels underwhelming, it could be because Weber is focused on 2024 for new products. As they note in the slide above though, that leaves exposure in 2023 for sales by not realizing the new product pipeline.