Good Morning! 

Char-Broil UK has released the EVOLVE grill platform. I say platform, because it comes in two different fuel types, gas or electric. It's a connected grill that drives home their innovation in both the gas and electric spaces.

Traeger released earnings this week for 2023 that were slightly higher than guidance on the revenue side. The biggest takeaway for me are the industry headwinds they anticipate in 2024. They expect to see flat revenue growth to even a slight decline. They are focused on building their product team and expanding their retail sales team to combat the headwinds. 

Grilla Grills parent, American Outdoor Brands, also released earnings this week. The only notable information in their analyst call is that they are selling out of their Mammoth vertical smoker as quickly as they receive shipments. Beyond that, there wasn't much, so there's no article on it.

Sponsored By Franklin Barbecue Pits

Franklin Barbecue Pits, designed by famed Pit Master Aaron Franklin are built from heavy duty USA steel and made by craftsmen right here in the USA. For BBQ beginners and pros alike, its design and construction make it one of the best offset smokers for the backyard. And it will last for generations. Get yours at a BBQ dealer near you, or direct from Franklin if you don’t have a local dealer near you. We love and support local businesses, so if you’re a BBQ dealer that wants to carry Franklin BBQ Pit, please reach out!

BBQGuys has continued their omnichannel expansion by opening a design center in West Palm Beach, Florida. The new location gives consumers the opportunity to see products in person with outdoor showcases. They also offer complimentary 3D design services for outdoor kitchens.

For those that missed the Kitchen and Bath show in Las Vegas this year (myself included), Christie Vanover had a good wrap-up on her BBQ Tips podcast. The highlights for me were that griddle maker EVO is coming out with an electric griddle this year, and there was a new product that could control gas grill knobs with a smart phone to help with safety.

Nexgrill released an updated value priced 4-burner gas grill. The $249 grill is their best selling model, and it's available exclusively at Home Depot. The 2024 version has improved efficiency and easier assembly.

For those looking to cut back on meat eating, or for the vegetarian at your BBQ, Oscar Meyer released their first ever plant-based hot dogs and sausages. The new products were developed with TheNotCompany and will hit store shelves later in 2024.

Known for their acacia lump charcoal, The Good Charcoal has rolled-out a new briquette product. The new all-natural Super Briquettes are being released with Lowe's and are made from acacia like their lump offering.

Finally, Vista Outdoor has rejected their latest takeover offer. They don't think if fairly values their Outdoor Products division and they have concerns about the buyer's ability to secure debt for the acquisition.

Have a Great Weekend!

Wes Wright

Founder and CEO

Key Events Next Week

• Solo Brands reports earnings on Thursday before the market opens

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Sponsored By Big Green Egg

At Big Green Egg, we’re not just the best Kamado grill on the market; we are a lifestyle brand dedicated to enhancing outdoor entertaining. The Big Green Egg believes in bringing families, friends and neighbors together to cook over live-fire. Our “EGGhead” community of loyal fans create memories with the delicious and diverse food they can prepare on their Eggs. 

With a rich 50-year history and a strong presence as an iconic brand in the outdoor kitchen industry, we are committed to providing our customers with premium products and a seamless experience, both online and offline. And we are now hiring for our headquarters location in Atlanta!

We offer a fun work environment, with lots of food and BBQ (of course!), as well as competitive benefits, including a 401(k) match, medical and life insurance, to name a few. More detail on open roles in links below and/or click on this link to apply. 

CRM/Loyalty Strategist; Culinary Engagement Strategist; Senior Accountant;