YETI Stock Recent News

Shares of Yeti Holdings Inc. YETI, -2.11% shot up 9.2% in premarket trading Thursday, toward their biggest gain in nine months, after the drinkware and outdoor products maker beat first-quarter earnings expectations, amid strength in coolers and international sales. Net income rose to $15.9 million, or 18 cents a share, from $10.6 million, or 12 cents a share, in the same period a year ago.

Get a deeper insight into the potential performance of Yeti (YETI) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

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

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.

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.

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) 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 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.

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.

Brian McNamara, managing director at Canaccord Genuity, joins 'The Exchange' to discuss the performance of Yeti Holdings, the impact of Stanley cups, and more.