YETI Stock Recent News

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

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.

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.

Yeti (YETI) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.63 per share a year ago.

Shares of Yeti Holdings Inc. YETI, -3.88% gained 0.9% in premarket trading Thursday, after the drinkware, coolers and outdoor products maker beat third-quarter earnings expectations and nudged up its full-year outlook, helped by a bump up in gross margin. Net income slipped to $42.7 million, or 49 cents a share, from $45.5 million, or 52 cents a share, in the year-ago period.

Yeti Holdings (YETI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Two top-rated stocks highlighting this week's earnings lineup are Wix.com (WIX) and Yeti (YETI) which are set to report their third-quarter results on Thursday, November 9.

AUSTIN, Texas--(BUSINESS WIRE)--YETI Holdings, Inc. (“YETI”) (NYSE: YETI) today announced that it plans to report its third quarter fiscal year 2023 financial results on Thursday, November 9, 2023, 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 of the.

Yeti (YETI) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Yeti Holdings Inc  (NYSE:YETI) stock is down 7% at $41.15 at last check, as broader market headwinds continue to blow on Wall Street.