YETI Holdings, Inc. (YETI) is likely to benefit from product innovation, expansion efforts and strategic partnerships. A focus on supply-chain diversification bodes well. However, the macroeconomic environment poses concerns. Factors Driving the YETI Stock Innovation Driving Growth: YETI's continuous focus on innovation has been a catalyst for its success. In the second quarter, the company introduced new cooler products, including the Roadie 15, which has seen strong early demand. YETI's innovative approac ...

The S&P 500 continues to shake off recent concerns and charge higher, now sitting at nearly a 20% gain for the year. Against this backdrop, I continue to recommend rotating more of your portfolio toward lesser-known value stocks that have fallen this year and, in With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. ...

Sucharas wongpeth Investment summary My recommendation for Yeti Holdings (NYSE:YETI) is a hold rating. I commend management's ability to execute on its growth initiatives—innovation and new partnership deals—and these have translated into tangible results in the C&E segment. However, my worry is that demand will be impacted by the overall weak macro backdrop, especially for discretionary products. The revenue y/y growth slowdown in the US segment supports my view. As such, I think the near-term demand is ve ...

Earnings season is always good for a few surprises. One name that's surprising to the upside is YETI Holdings Inc. (NYSE: YETI). The company, which makes iconic coolers and focuses on those who love the outdoors, beat expectations with earnings per share (EPS) of 70 cents on revenue of $463.50 million. YETI Today Algonquin YETI YETI $41.61 -0.34 (-0.81%) 52-Week Range $33.88 ▼ $54.15 P/E Ratio 20.70 Price Target $46.29 Add to Watchlist Both numbers beat analysts' expectations, but the year-over-year (YoY) g ...

Investors interested in stocks from the Leisure and Recreation Products sector have probably already heard of Yeti (YETI) and Sportradar Group AG (SRAD) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyon ...

YETI Holdings, Inc. YETI shares are trading lower Friday. BofA Securities analyst Alexander Perry upgraded the company to Buy (from Neutral) and raised the price target to $55 (from $46). The company reported second-quarter financial results yesterday and raised FY24 adjusted EPS guidance. YETI reported adjusted EPS of $0.70 (+23% Y/Y), beating the estimate. The company projects FY24 adjusted sales to rise 8% – 10% (up from 7% – 9% prior) and adjusted EPS of $2.61 – $2.65 (versus $2.59 estimate), up from pr ...

Key Takeaways Yeti posted quarterly profit and sales that exceeded forecasts on strong demand for its coolers. International sales also increased. Yeti raised its full-year guidance for adjusted earnings per share and revenue. Yeti Holdings (YETI) shares surged Thursday as the maker of insulated food and drink holders reported betterthan-expected results and raised its guidance as demand for its coolers jumped. The company posted second-quarter adjusted earnings per share (EPS) of $0.70, with revenue rising ...

i ® Second Quarter 2024 Highlights | --- | --- | --- | --- | --- | --- | |--------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | ■ YETI | ■ | | | | | | | | | | | | Disclaimer We are not making any representations or warranties, express or implied, with respect to the information (financial, business, legal or otherwise) contained in this presentation. No person has been authorized to give any information other than that contained in this presentation. Forward Looking S ...

YETI Holdings, Inc. (NYSE:YETI) Q2 2024 Earnings Conference Call August 8, 2024 8:00 AM ET Company Participants Thomas Shaw - Vice President of Investor Relations Matthew Reintjes - President & Chief Executive Officer Michael McMullen - Senior Vice President, Chief Financial Officer & Treasurer Conference Call Participants Brooke Roach - Goldman Sachs Randy Konik - Jefferies Peter Benedict - Robert Baird Operator Good morning ladies and gentlemen and welcome to the YETI Holdings 2Q 2024 Earnings Conference ...