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DHC, PLMR and WEBR have been added to the Zacks Rank #5 (Strong Sell) List on December 30, 2022.
Weber Inc. (NYSE:WEBR ) Q4 2022 Earnings Conference Call December 14, 2022 8:30 AM ET Company Participants Brian Eichenlaub - VP, IR and Treasurer Alan Matula - Interim CEO Bill Horton - CFO Conference Call Participants Operator Good morning. Welcome to Weber Inc.'s 2022 Fiscal Fourth Quarter and Year End Earnings Call.
Weber Inc. WEBR, , the grill maker that announced it is being taken private by BDT Capital Partners earlier this week in a $3.7 billion deal, reported earnings for its fiscal fourth quarter on Wednesday, that showed a far wider-than-expected loss and revenue that fell far short of estimates. The company posted a net loss of $28.4 million, or 53 cents a share, for the quarter to Sept.
Weber is scheduled to report earnings before Wednesday's open. Here's a closer look.
Yahoo Finance anchors Seana Smith and Jared Blikre discuss shares of Weber are up amid news of the company being taken private by BDT Capital for $8.05 a share.
Grill maker Weber is to go private with its planned acquisition by BDT Capital Partners. Subject to customary conditions, the 70-year-old company is being acquired for $8.05 per share — implying a $3.7 billion total enterprise value.
The grill maker's former owner intends to take it private again.
Yahoo Finance Live anchors Julie Hyman, Brad Smith and Brian Sozzi discuss the rise in stock for Weber on news that BDT Capital will take the grill maker private for $2.3 billion.
One-time meme stock Weber (NYSE: WEBR ) is trending on social media and soaring 23% to $8.02 after the barbecue grill maker agreed to be acquired by investment bank BDT Capital Partners. Under the deal, Weber will become a privately traded company.
The grill maker announces it will be taken private in a deal expected to close in the first half of next year.