YETI

YETI Holdings, Inc. engages in the design, marketing, and distribution of products for the outdoor and recreation market. Its products include coolers, drinkware, travel bags, backpacks, multipurpose buckets, outdoor chairs, blankets, dog bowls, apparel, and accessories. The company was founded by Roy J. Seiders and Ryan R. Seiders in 2006 and is headquartered in Austin, TX.

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YETI reports strong sales growth in 2022 despite recall challenges

YETI's 2022 performance showed strong sales growth driven by D2C and international sales, despite challenges from proposed recalls. The company remains focused on brand initiatives, product innovation, and expanding its reach in 2023.
While facing challenges with recalls and wholesale dynamics, YETI is optimistic about consumer behavior and growth opportunities. They have a thoughtful plan for the year, aiming to build strength as challenges are navigated.
Gross margin recovery, expansion of store locations, and international growth are key focus areas for YETI in 2023. The company is leveraging its strengths in brand positioning and product innovation to overcome challenges and seize opportunities.

YETI reports resilient Q1 performance and eyes global growth

YETI reported a 3% sales increase in Q1 2023 despite challenges like a voluntary recall and slow wholesale orders in North America. The company aims to end the year with a 55% gross margin and is confident in returning to double-digit top-line growth in Q4.
Strategic priorities focus on supply chain diversification, circularity programs, and global partnerships. YETI plans to reintroduce recalled products in Q4 supported by marketing efforts and investments in brand awareness and technology expansion.
Despite facing challenges like increased product costs and wholesale trends, YETI remains optimistic about its growth prospects, with positive engagement trends and strong feedback from wholesale partners. The company is focused on innovation and expanding its product portfolio.

YETI reports robust Q2 performance, eyes international growth opportunities

YETI's Q2 2023 performance showcased strong sales, margin expansion, and strategic growth initiatives, positioning the company for sustained growth domestically and internationally.
Despite challenges like gift card redemptions and wholesale outlook declines, YETI's focus on innovation, consumer engagement, and international expansion presents opportunities for long-term success.
With a solid financial position, emphasis on product diversification, and commitment to sustainability, YETI remains confident in its double-digit sales growth potential and ability to drive profitability in the future.

YETI reports solid Q3 performance, eyes growth in premium products

YETI delivered a strong Q3 performance with flat sales, driven by DTC and international growth. Despite challenges in wholesale and increased expenses, the company maintained solid margins.
The company's focus on premium products and efficient operations positions it well for future growth. Opportunities lie in expanding product categories and maintaining brand strength.
YETI's financial stability, strategic objectives for 2024, and strong market presence in the U.S. indicate a positive outlook for continued growth and profitability.

YETI reports solid 2023 growth, eyes international expansion in 2024

YETI's strong performance in Drinkware drove growth in 2023, with challenges in cooler sales.
Anticipates continued growth in 2024 through product expansion and international markets.
Maintaining premium positioning while exploring new price points and channel growth.
Strategic acquisitions and focus on margin drivers position YETI for future success.

YETI reports robust Q1 performance, eyes global expansion opportunities

YETI's Q1 2024 performance reflects strong growth across sales channels, margin improvements, and strategic initiatives driving positive financial outcomes.
The company's focus on brand expansion, product innovation, and global reach positions it well for sustained growth and market leadership.
While facing challenges in a competitive landscape, YETI's strengths in customer engagement, operational efficiency, and strategic acquisitions offer a solid foundation for future success.
By capitalizing on opportunities in international markets, product diversification, and brand loyalty, YETI can continue its growth trajectory and enhance shareholder value.

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Buy what you know, but maybe not when earnings are moving the wrong way.

Bear of the Day: YETI (YETI)

Yeti Holdings is expanding its offerings through recent acquisitions, including premium bags and cookware. The company aims to provide a high-end direct-to-consumer experience in all outdoor arenas with a growing international presence. Yeti has a strong brand image, loyal customer base, and high margins, leading to strong long term earnings growth and expansion.

YETI: Strong Product Roadmap Portends 2024 Rebound

Yeti's sales and profits for 2023 came in below expectations and guidance doesn't imply meaningful growth. Yeti stock was a little expensive given its modest growth but the company is still in good financial shape for the long term.

Here's Why Yeti Stock Fell Today

YETI Holdings, Inc. (YETI) Q4 2023 Earnings Call Transcript

Yeti Holdings Inc  (NYSE:YETI ) reported fourth-quarter earnings of 90 cents per share on revenue of $519.8 million, both of which missed expectations, pushing shares 10.7% lower to trade at $43.06 at last check.

Yeti Stock Pulls Back After Lackluster Earnings Report

While the top- and bottom-line numbers for Yeti (YETI) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Yeti (YETI) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Yeti's fourth-quarter sales of $519.8 million missed expectations of $536 million.

Yeti Stock Tumbles as ‘Cautious' Spending on High-Priced Coolers Dents Sales

Yeti (YETI) came out with quarterly earnings of $0.90 per share, missing the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $0.78 per share a year ago.

Yeti (YETI) Q4 Earnings and Revenues Miss Estimates

Yeti Holdings Inc.'s stock YETI tumbled 11% early Thursday, after the maker of drinkware, coolers and outdoor products missed profit and sales estimates for the fourth quarter and offered soft guidance. Austin, Texas-based Yeti had net income of $78.6 million, or 90 cents a share, for the quarter, after a loss of $27.7 million, or 32 cents a share, in the year-earlier period.

Yeti's stock slides 11% after company's earnings fall short and it offers soft guidance

AUSTIN, Texas--(BUSINESS WIRE)--YETI Holdings, Inc. (“YETI”) (NYSE: YETI) today announced its financial results for the fourth quarter and fiscal year ended December 30, 2023. The results below should be read in conjunction with the “Product Recall Updates” section of this press release. YETI reports its financial performance in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and as adjusted on a non-GAAP basis. YETI's non-GAAP measures exclude.

YETI Reports Fourth Quarter and Fiscal Year 2023 Results

Get a deeper insight into the potential performance of Yeti (YETI) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Curious about Yeti (YETI) Q4 Performance? Explore Wall Street Estimates for Key Metrics

Yeti (YETI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Yeti (YETI) Earnings Expected to Grow: Should You Buy?

AUSTIN, Texas--(BUSINESS WIRE)--YETI Holdings, Inc. (“YETI”) (NYSE: YETI), a leading premium outdoor brand, today announced it has signed an agreement to acquire MYSTERY RANCH, a premier designer and manufacturer of durable load-bearing backpacks, bags, and pack accessories. “MYSTERY RANCH packs have earned a global reputation within the most demanding communities by building load-bearing equipment that delivers in the harshest environments. Their ethos, passion and people not only align with t.

YETI® Acquires MYSTERY RANCH®

AUSTIN, Texas--(BUSINESS WIRE)--YETI Holdings, Inc. (“YETI”) (NYSE: YETI) today announced that it plans to report its fourth quarter and fiscal year 2023 financial results on Thursday, February 15, 2024, before the market opens. YETI will host a conference call at 8:00 a.m. ET to discuss its financial results. Investors and analysts who wish to participate in the call are invited to dial 833-816-1399 (international callers, please dial 412-317-0492) approximately 10 minutes prior to the start o.

YETI Holdings, Inc. Announces Reporting Date for Fourth Quarter and Fiscal 2023 Financial Results

Yeti Holdings Inc  (NYSE:YETI ) is 1.4% lower at $46.48 this morning, after Canaccord Genuity downgraded the stock to "hold" from "buy.

Analyst: Stanley Is a Big Problem for Yeti

AUSTIN, Texas--(BUSINESS WIRE)--YETI Holdings, Inc. (“YETI” or the “Company”) (NYSE: YETI) today announced its Board of Directors has appointed Beth Axelrod and Rob Katz, as independent directors, effective December 19, 2023. Following their appointment, YETI's Board will consist of eight members with significant and diverse public company experience across multiple business sectors, including eCommerce, retail, consumer products, leadership development and hospitality. “Beth and Rob are strong.

YETI Appoints Elizabeth Axelrod and Robert Katz to Board of Directors

Yeti Holdings Inc (NYSE:YETI) stock has gone on a run up the charts, up 24% in December alone.

Several Reasons to Target This Outperforming Retail Stock

I reiterate my buy rating. The company reported total adjusted sales of $433.6 million, with beverage sales growing 6% year-over-year and adjusted coolers & equipment sales declining 8%. I expect to see growth acceleration in FY24 through new product launches, increased direct-to-consumer growth, and retailers restocking inventory.

YETI Holdings: Growth Outlook Is Clear And Strong

Yeti's product innovation has continued this year with successful products such as the Yonder bottles. Yeti entered into a new partnership with Tractor Supply this quarter which can create new customers and buying opportunities. The company's international growth is showing positive momentum, with increased sales and new distribution centers.

YETI: Promising New Partnership And Growing International Presence

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Based on news reports, the Western world may have taken more interest in fitness and health during the pandemic. Because it was theorized that excess weight affected survival chances, many individuals began to take their overall health more seriously.

3 Fitness Stocks to Keep Your Portfolio in Tip-Top Shape

YETI stock may be undervalued by 30% based on its earnings outlook. With recall woes in the past, market sentiment is improving for YETI which may attract once side-lined investors. If YETI were to re-up its share repurchase program for the long-term, it could bolster EPS and drive further share price appreciation.

YETI: 3 Catalysts For Share Price Appreciation

Yeti uses its brand ambassadors to create community among its core customers driving deeper loyalty of its outdoor enthusiasts.

Yeti Leans Into Community Marketing To Drive Growth

YETI is set to benefit from new distribution and product introductions, while it will lap 2023 product recalls. New distribution at Tractor Supply should be a driver next year. The stock looks attractively valued at its current price with sales looking poised to rebound.

YETI: 2024 Set Up Looks Attractive

Start Time: 08:00 January 1, 0000 9:02 AM ET YETI Holdings, Inc. (NYSE:YETI ) Q3 2023 Earnings Conference Call November 09, 2023, 08:00 AM ET Company Participants Matt Reintjes - President and CEO Mike McMullen - SVP, CFO and Treasurer Tom Shaw - VP, IR Conference Call Participants Peter Keith - Piper Sandler Peter Benedict - Baird Megan Alexander - Morgan Stanley Sharon Zackfia - William Blair Jim Duffy - Stifel Robby Ohmes - Bank of America Brooke Roach - Goldman Sachs Anna Glaessgen - B. Riley Operator Good morning, and welcome to the YETI Holdings' Third Quarter 2023 Earnings Conference Call.

YETI Holdings, Inc. (YETI) Q3 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Yeti (YETI) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

News for YETI Stock (YETI)