The Latest Breaking News from Weber

Outdoor cooking company Weber (WEBR) reported deteriorating third-quarter financials. Moreover, the company has suspended its quarterly cash dividend and withdrawn its fiscal 2022 net sales and earnings outlook, as high consumer prices and other uncertainties are crushing in-store and online traffic and margins. While the stock witnessed a short squeeze-driven…

Strong interest in “meme stocks” is happening once again of late with retail investors circling Reddit, Discord and Twitter to find which stocks have strong interest and sentiment and could see short squeezes. Here’s a look at one potential candidate.

 

Upgrades

Weber Inc (NYSE: WEBR) shares are surging on abnormally-high volume Thursday amid increased retail investor interest.

Budget supermarket chain Aldi is helping us get prepared for summer with its latest Specialbuy product

Don’t want to wait hours for the coals to heat up? Try one of these efficient barbies next time you're cooking al fresco 

Over the past 3 months, 4 analysts have published their opinion on Weber (NYSE:WEBR) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Weber Inc (NYSE:WEBR) reported a second-quarter FY22 sales decline of 7% year-on-year to $607.3 million, missing the consensus of $659.06 million. Sales in the Americas decreased 18% Y/Y, EMEA rose 9%, and APAC fell 6%. The gross profit declined 27% Y/Y to $209 million, and the profit margin contracted 940 basis points to…

Weber Inc (NYSE: WEBR) shares are trading lower Monday after the company reported worse-than-expected top-line results and issued guidance below analyst estimates.

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he likes Magnolia Oil & Gas Corporation (NYSE: MGY) and believes it is a good company.