Weber recently had some big news that they were moving on from their CEO, cutting costs and looking at layoffs. In the same announcement, they gave some bad news in the form of preliminary results for their quarter that ended June 2022. Now they’ve finally announced when they’ll release their official results and have a conference call about them.
Usually when a company is releasing earnings they give lead time of at least a few weeks, but often longer. Maybe due to already giving their preliminary results, Weber is going to release earnings on Monday, August 15th, before the markets open. That’s a very short amount of notice, but a sign of the times at Weber.
As previously announced, they should have sales in the range of $525 million to $530 million for the quarter. Their earnings come on the heels of Solo Brands and Traeger releasing earnings later this week.