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Weber Priced, NYSE: WEBR

Leading outdoor grilling brand.

Industry: Consumer Discretionary

Latest Trade: $15.66 0.00 (0.0%)

First Day Return: +17.9%

Return from IPO: +11.9%

Industry: Consumer Discretionary

We are the leading outdoor cooking company with the strongest and most trusted brand in the global outdoor cooking market. Our founder George Stephen, Sr., established the outdoor cooking category when he invented the original charcoal grill nearly 70 years ago. In the decades since, we have built a loyal and global following of both grilling enthusiasts and barbeque professionals in backyards all around the world. We have continuously disrupted and led the outdoor cooking category, through a comprehensive and expanding product portfolio including traditional charcoal grills, gas grills, smokers, pellet and electric grills, and recently our cutting-edge Weber Connect technology-enabled grills. We believe we offer the most complete outdoor cooking portfolio globally, with our full range of premium products sold in 78 countries in fiscal 2020. We believe Weber is the only outdoor cooking brand with global scale and a vertically integrated manufacturing platform. Our track record of premium product innovation and the strength of our brand has led to a market-leading share of 23% in the U.S. and 24% globally in 2020, according to Frost & Sullivan. We are leaders in the largest and most attractive markets in outdoor cooking, including the U.S., Germany, Australia, Canada and France. Beyond these markets, we estimate that we have either the number one or number two brand position in each of the key geographies we serve.
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IPO News for Weber
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IPO Data
IPO File Date 07/12/2021
Offer Price $14.00
Price Range $15.00 - $17.00
Offer Shares (mm) 17.9
Deal Size ($mm) $250
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 08/04/2021
Offer Price $14.00
Price Range $15.00 - $17.00
Offer Shares (mm) 17.9
Deal Size ($mm) $250
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Palatine, IL
Founded 1893
Employees 2,156
Website www.weber.com