HomeGrill ManufacturersBlackstone Products Keeps Growing Through Q1 2022

Blackstone Products Keeps Growing Through Q1 2022

Blackstone griddle maker, Blackstone Products, announced their financial results for Q1 2022 today. Unlike grill maker Weber, Blackstone keeps achieving growth. For the quarter, net revenue came in at $128 million, a 28% increase over Q1 last year. Similarly, EBITDA increased 37% to $19 million, marking another successful quarter for Blackstone.

Despite a volatile and challenging environment, Blackstone demonstrated strong performance in all of our key metrics during the first quarter. Blackstone’s growth this quarter is a clear indication that we are continuing to disrupt the industry as our griddles gain market share. Customers love the experience of cooking on a Blackstone, and we are excited about our upcoming product introductions. We are confident in our ability to drive sustainable long-term growth.

Founder and Chief Executive Officer, Roger Dahle

With a focus on innovation and new products, Blackstone has recently released a tabletop pizza oven and a new 36″ griddle with air fryer combo. They also have some other ideas in the hopper with a possible pellet grill release.

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Just like in Blackstone’s previous quarter, they reaffirmed their 2022 guidance once again. Blackstone is set to go public through a SPAC within the next month and a half under the NYSE ticker symbol BLKS.

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