Weber Results Presentation Deck slide image

Weber Results Presentation Deck

GROSS MARGIN IMPACT OF SUPPLY CHAIN DYNAMICS 43.6% GROSS MARGIN BRIDGE: FY21 Q1 VS. FY22 Q1 VS. FY 22 Q2 Illustrative Impact Q1 21 Actuals Pricing Illustrative Headwind Inbound Freight Illustrative Headwind Illustrative Headwind Note: Fiscal Year ending September 30. Price Increase Announce Date P&L Impact 22.6% Commodity / Other Q1 22 Actuals Pricing Purchased Goods Cost Sep ¹21 FY'Q1/Q2 Illustrative Impact Feb '22 FY'Q3/Q4 Illustrative Impact +1,170bps Sequential Improvement 60-90 Day Lag in Realization of Implemented Pricing Action Delays Margin Recovery in Current Inflationary Environment 34.3% Poland Q2 22 Actuals Impact and Other Run-Rate FY'Q3/Q4 I ♦ Q1 FY22: Decline of -2,100bps vs. Q1 FY21 due to: Significant inbound freight and input cost inflation Prior pricing actions offsetting some inflation impact, but enactment timing leading to inability to fully cover margin pressure ■ I weber Q2 FY22: Increase of -1,170bps vs. Q1 FY22 due to: Full positive impact of pricing actions taken in September 2021 I GROSS MARGIN DRIVERS ■ Favorable Poland plant results and positive impact of other tactical initiatives ■ Stabilization of inbound freight increases, albeit still at container rates up 3-4x prior year levels FY22: Continued sequential margin improvement Positive impact of pricing taken in February 2022 to take hold in FYQ3/Q4 Continuation of positive impact from Poland plant and other tactical initiatives 18
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