YETI Stock Recent News
YETI LATEST HEADLINES
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.
On the charts, Yeti Holdings Inc (NYSE:YETI) has been chopping lower since its Sept.
YETI Holdings creates innovative outdoor products, known for coolers and drinkware, with a diverse range of additional products. The company uses brand ambassadors and a diverse omni-channel approach to attract new customers and expand internationally. YETI has a healthy balance sheet, impressive financial performance, and potential for future growth, but faces competition and the risk of product recalls.
The company is wonderful, but the stock isn't a great deal yet.
YETI Holdings' (YETI) fiscal second-quarter top line reflects a decline in Coolers & Equipment owing to the stop sale of the products affected by the recalls.