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With investors eying retail earnings this week, it is noteworthy that a few consumer discretionary and consumer staples stocks are starting to stand out after their first-quarter results last Thursday.
Yeti (YETI) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.33 per share a year ago.
YETI Holdings (YETI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Yeti, a maker of coolers and other outdoor gear, recalled 1.9 million soft coolers and gear cases on Thursday.
The products being recalled are the Sidekick dry gear case, M20 soft backpack cooler and M30 soft cooler, version 1.0 and 2.0.
Durable outdoor products manufacturer Yeti Holdings, Inc. (NYSE: YETI) stock has struggled to hold gains as voluntary product recalls caused charges and sales disruption. The maker of trendy soft coolers, travel gear, and apparel experienced a substantial boost in sales during the pandemic as consumers ventured outdoors and adopted outdoor recreation and lifestyles.
The thermos, or insulated drinkware, is often said to be one of the greatest inventions ever. That is because it keeps hot liquid hot and cold liquid cold.
Voluntary product recalls have spooked some investors.
Yahoo Finance Live anchors Julie Hyman and Jared Blikre discuss fourth-quarter earnings for Yeti Holdings.
YETI Holdings, Inc. (NYSE:YETI ) Q4 2022 Earnings Conference Call February 23, 2023 8:00 AM ET Company Participants Tom Shaw – Investor Relations Matt Reintjes – President and Chief Executive Officer Mike McMullen – Chief Financial Officer Conference Call Participants Brooke Roach – Goldman Sachs Peter Benedict – Baird Jim Duffy – Stifel Peter Keith – Piper Sandler Sharon Zackfia – William Blair Xian Siew – BNP Paribas Robby Ohmes – Bank of America Brian McNamara – Canaccord Genuity Operator Good morning, and welcome to the YETI Holdings Fourth Quarter 2022 Earnings Conference Call. All participants will be in listen-only mode.