Core Viewpoint - The market anticipates Yeti (YETI) will report a year-over-year increase in earnings and revenues for the quarter ended December 2024, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Yeti is expected to post quarterly earnings of $0.93 per share, reflecting a year-over-year increase of 3.3% [3]. - Revenues are projected to reach $554.08 million, which is a 6.6% increase from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 1.52% over the last 30 days, indicating a bearish sentiment among analysts regarding Yeti's earnings prospects [4][10]. - The current Earnings ESP for Yeti stands at -1.17%, suggesting a potential earnings miss [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict the likelihood of actual earnings deviating from consensus estimates, with positive readings being more reliable [6][7]. - Stocks with a positive Earnings ESP and a Zacks Rank of 1, 2, or 3 have historically shown a nearly 70% chance of delivering a positive surprise [8]. Historical Performance - In the last reported quarter, Yeti exceeded the expected earnings of $0.67 per share by delivering $0.71, resulting in a surprise of 5.97% [12]. - Over the past four quarters, Yeti has beaten consensus EPS estimates three times [13]. Conclusion - Despite the potential for an earnings beat, Yeti does not currently appear to be a strong candidate for exceeding earnings expectations, and investors should consider other influencing factors before making investment decisions [14][16].

As the stock market begins 2025 on choppy trading patterns, investors continue to be hard-pressed to find true value stocks that can surmount a broader market downturn. YETI (NYSE: YETI ), in my view, isWith 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. He has been a regular contributor on Seeking Alpha since 2017 ...

YETI Holdings, Inc. (NYSE: YETI ) is an iconic higher-end brand that focuses on delivering premium products at premium prices. Based on fundamental value criteria that I use to screen for good companies falling within a range ofI've been investing for over 7 years with a focus on long term wealth creation through value growth investing, value investing, and dividend investing. I'm not a financial advisor or financial planner. I do not have a formal background in finance, I have a B.S. in Biology with a conc ...

2024 hasn't been a great year for YETI Holdings (NYSE: YETI ) as the company is down over 24% YTD while the S&P 500 is up nearly 25%.Analyst’s Disclosure: I/we have a beneficial long position in the shares of YETI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking A ...

Core Insights - Yeti reported $478.44 million in revenue for Q3 2024, a 10.4% year-over-year increase, with an EPS of $0.71 compared to $0.60 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $473.48 million, resulting in a surprise of +1.05%, while the EPS also surpassed expectations by +5.97% [1] Revenue Performance - U.S. revenues reached $390.18 million, exceeding the average estimate of $384.28 million, marking a +6.7% year-over-year change [3] - International revenues were reported at $88.26 million, slightly below the estimated $88.40 million, but reflecting a significant +30.1% increase from the previous year [3] Sales by Channel - Direct-to-consumer sales amounted to $280.81 million, surpassing the average estimate of $279.33 million, with an 8.2% year-over-year growth [3] - Wholesale sales were reported at $197.63 million, exceeding the average estimate of $193.22 million, representing a +13.5% year-over-year increase [3] Sales by Category - Other category sales reached $10.86 million, above the average estimate of $9.89 million, showing a +24.3% year-over-year change [3] - Drinkware sales were $274.98 million, slightly above the average estimate of $272.61 million, with an 8.6% year-over-year increase [3] - Coolers & Equipment sales were reported at $192.60 million, exceeding the average estimate of $191.98 million, reflecting a +12.3% year-over-year change [3] Stock Performance - Yeti's shares have declined by -13.3% over the past month, contrasting with the Zacks S&P 500 composite's +3.2% change [4] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [4]

Yeti (YETI) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.60 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.97%. A quarter ago, it was expected that this maker of outdoor and recreational products would post earnings of $0.64 per share when it actually produced earnings of $0.70, delivering a surprise of 9.38%.Over the last four ...

Sales Performance - Net sales increased 10% to $478.4 million, with Coolers & Equipment up 12% and Drinkware up 9%[3][4] - International net sales grew 30%, marking the fourth consecutive quarter of over 30% growth outside the U.S.[3] - Net sales for the three months ended September 28, 2024, were $478.44 million, a 10.3% increase compared to $433.56 million in the same period last year[36] - Net sales for the nine months ended September 28, 2024, were $1.28 billion, a 12.7% increase compared to $1.14 billion in the same period last year[36] - Net sales for the nine months ended September 28, 2024, grew to $1.28 billion, up from $1.14 billion in the same period last year[42] - Total net sales for the three months ended September 28, 2024, were $478,440 thousand, with wholesale contributing $197,629 thousand and direct-to-consumer contributing $280,811 thousand[48] - Total net sales for the nine months ended September 28, 2024, were $1,283,333 thousand, with wholesale contributing $564,326 thousand and direct-to-consumer contributing $719,007 thousand[49] Gross Profit and Margin - Gross margin remained flat at 58.0%, while adjusted gross margin expanded 40 basis points to 58.2%[3][6][7] - Gross profit for the three months ended September 28, 2024, was $277.73 million, a 10.5% increase compared to $251.25 million in the same period last year[36] - Gross profit for the nine months ended September 28, 2024, was $736.85 million, a 17.3% increase compared to $627.96 million in the same period last year[36] - Adjusted gross margin for the nine months ended September 28, 2024, improved to 57.8% from 55.5% in the prior year[42] Net Income and EPS - EPS increased 35% to $0.66, and adjusted EPS rose 18% to $0.71[3][10][11] - Net income for the three months ended September 28, 2024, was $56.28 million, a 31.9% increase compared to $42.66 million in the same period last year[36] - Net income for the nine months ended September 28, 2024, was $122.54 million, a 34.2% increase compared to $91.29 million in the same period last year[36] - Net income for the nine months ended September 28, 2024, increased to $122.5 million from $91.3 million in the same period last year[40] - Adjusted net income for the nine months ended September 28, 2024, rose to $149.4 million from $118.2 million in the prior year[44] - Adjusted net income per diluted share for the nine months ended September 28, 2024, increased to $1.74 from $1.35 in the same period last year[44] - Adjusted net income for fiscal 2024 is forecasted at $227,896 thousand, compared to $196,987 thousand in fiscal 2023[51] - Adjusted net income per diluted share is anticipated to rise to $2.65 in fiscal 2024 from $2.25 in fiscal 2023[51] Operating Income and Expenses - Adjusted operating income increased 11% to $79.2 million, representing 16.6% of adjusted sales[9][10] - Adjusted operating income for the nine months ended September 28, 2024, increased to $198.8 million from $160.2 million in the same period last year[44] - Adjusted operating income as a percentage of adjusted net sales is expected to increase to 16.5% in fiscal 2024 from 15.6% in fiscal 2023[51] - Adjusted SG&A expenses as a percentage of adjusted net sales decreased to 42.4% for the nine months ended September 28, 2024, from 41.7% in the prior year[42] Cash Flow and Capital Expenditures - Inventory increased 8% to $370.2 million, while cash remained stable at $280.5 million[22] - Capital expenditures for 2024 are expected to be approximately $50 million, primarily for technology and new product innovation[24] - Cash and cash equivalents as of September 28, 2024, were $280.46 million, a decrease of 36.1% compared to $438.96 million as of December 30, 2023[38] - Net cash provided by operating activities decreased to $35.8 million for the nine months ended September 28, 2024, from $114.8 million in the prior year[40] - Cash and cash equivalents decreased to $280.5 million as of September 28, 2024, from $438.9 million at the beginning of the period[40] Inventory and Assets - Inventory as of September 28, 2024, was $370.23 million, a 9.8% increase compared to $337.21 million as of December 30, 2023[38] - Total assets as of September 28, 2024, were $1.27 billion, a 1.9% decrease compared to $1.30 billion as of December 30, 2023[38] - Total liabilities as of September 28, 2024, were $503.21 million, a 12.3% decrease compared to $573.58 million as of December 30, 2023[38] Channel and Category Performance - Direct-to-consumer (DTC) channel sales increased 8% to $280.8 million, driven by growth in Coolers & Equipment and Drinkware[5] - Wholesale channel sales increased 14% to $197.6 million, driven by growth in Drinkware and Coolers & Equipment[5] - Coolers & Equipment category sales for the three months ended September 28, 2024, were $192,595 thousand, while Drinkware sales were $274,981 thousand[48] - Coolers & Equipment category sales for the nine months ended September 28, 2024, were $518,443 thousand, while Drinkware sales were $736,084 thousand[49] - United States net sales for the three months ended September 28, 2024, were $390,176 thousand, with international sales at $88,264 thousand[48] - United States net sales for the nine months ended September 28, 2024, were $1,052,858 thousand, with international sales at $230,475 thousand[49] Share Repurchase and Financial Outlook - The company repurchased $100 million of common stock during the nine months ended September 28, 2024[40] - Updated 2024 outlook expects adjusted sales to increase approximately 9%, with adjusted EPS of $2.65, reflecting an 18% increase[23] - Adjusted net sales for fiscal 2024 are projected to be $1,831,650 thousand, up from $1,680,413 thousand in fiscal 2023[51]

The upcoming report from Yeti (YETI) is expected to reveal quarterly earnings of $0.67 per share, indicating an increase of 11.7% compared to the year-ago period. Analysts forecast revenues of $473.48 million, representing an increase of 9.2% year over year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Prior to a company's earnings release, ...

Investors looking for stocks in the Leisure and Recreation Products sector might want to consider either Yeti (YETI) or Sportradar Group AG (SRAD) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earni ...

Investors with an interest in Leisure and Recreation Products stocks have likely encountered both Yeti (YETI) and Sportradar Group AG (SRAD) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earnings estimat ...