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Yeti (YETI) Q4 Earnings and Revenues Miss Estimates
Zacks Investment Research· 2024-02-15 13:16
Yeti (YETI) came out with quarterly earnings of $0.90 per share, missing the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $0.78 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.25%. A quarter ago, it was expected that this maker of outdoor and recreational products would post earnings of $0.54 per share when it actually produced earnings of $0.60, delivering a surprise of 11.11%.Over the last fou ...
Yeti's stock slides 11% after company's earnings fall short and it offers soft guidance
Market Watch· 2024-02-15 12:22
Yeti Holdings Inc.’s stock YETI tumbled 11% early Thursday, after the maker of drinkware, coolers and outdoor products missed profit and sales estimates for the fourth quarter and offered soft guidance. Austin, Texas-based Yeti had net income of $78.6 million, or 90 cents a share, for the quarter, after a loss of $27.7 million, or 32 cents a share, in the year-earlier period. Adjusted per-share earnings also came to 90 cents, below the 96-cent FactSet consensus. Sales rose 16% to $519.8 million, also below ...
Curious about Yeti (YETI) Q4 Performance? Explore Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-02-12 15:22
Wall Street analysts forecast that Yeti (YETI) will report quarterly earnings of $0.96 per share in its upcoming release, pointing to a year-over-year increase of 23.1%. It is anticipated that revenues will amount to $537.76 million, exhibiting an increase of 10.6% compared to the year-ago quarter.Over the last 30 days, there has been a downward revision of 2.6% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of th ...
Analyst: Stanley Is a Big Problem for Yeti
Schaeffers Research· 2024-01-04 15:47
Yeti Holdings Inc (NYSE:YETI) is 1.4% lower at $46.48 this morning, after Canaccord Genuity downgraded the stock to "hold" from "buy." And though the analyst hiked its price target by $1 to $50, it said Stanley is proving to be a tougher-than-expected rival to Yeti, and Owala is making more noise than anticipated as well. The brokerage bunch is still mostly optimistic towards YETI, with seven of the 17 analysts in question calling it a "buy" or better. Plus, the 12-month consensus target price of $47.63 is ...
YETI Appoints Elizabeth Axelrod and Robert Katz to Board of Directors
Businesswire· 2023-12-22 02:10
AUSTIN, Texas--(BUSINESS WIRE)--YETI Holdings, Inc. (“YETI” or the “Company”) (NYSE: YETI) today announced its Board of Directors has appointed Beth Axelrod and Rob Katz, as independent directors, effective December 19, 2023. Following their appointment, YETI’s Board will consist of eight members with significant and diverse public company experience across multiple business sectors, including eCommerce, retail, consumer products, leadership development and hospitality. “ Beth and Rob are strong, respected ...
YETI(YETI) - 2023 Q3 - Earnings Call Presentation
2023-11-09 18:54
25 Note: In millions, except per share amounts. Amounts may not recalculate due to rounding. 27 NON-GAAP RECONCILIATION (CONT'D) 29 ® Forward Looking Statements SAFE HARBOR STATEMENT Non-GAAP Financial Measures Beginning in the second quarter of Fiscal 2022, we began excluding other expense (income) from our calculation of certain non-GAAP financial measures. This change has been applied retrospectively to all periods presented. This revision is intended to align with how management evaluates the underlying ...
YETI(YETI) - 2023 Q3 - Earnings Call Transcript
2023-11-09 18:50
Start Time: 08:00 January 1, 0000 9:02 AM ET Company Participants Conference Call Participants Sharon Zackfia - William Blair Anna Glaessgen - B. Riley Tom Shaw And now, I'd like to turn the call over to Matt. Leaning into this dynamic has been a key driver of our business year-to-date, in particular weÂ've seen the success of category expansion in cargo and Drinkware reaching both new and existing customers. Color, combined with the new product this quarter, showed well in our Power Pink, Camp Green and Co ...
YETI(YETI) - 2023 Q3 - Quarterly Report
2023-11-08 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________________________________________________ FORM 10-Q ____________________________________________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT ...
YETI(YETI) - 2023 Q2 - Earnings Call Presentation
2023-08-10 19:14
12 2017 201 Disclaimer This presentation, as well as other written or oral communications made from time to time by us, may contain certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward looking statements refer to our current expectations and projections relating to our financial condition, results of operations, plans, objectives, strategies, future performance, and business. All statements other than statements of historical or current fac ...
YETI(YETI) - 2023 Q2 - Earnings Call Transcript
2023-08-10 14:31
YETI Holdings, Inc. (NYSE:YETI) Q2 2023 Earnings Conference Call August 10, 2023 8:00 AM ET Xian Siew Hew Sam - BNP Paribas Starting with Soft Coolers and Gear Bags, that have been out of the market for the majority of 2023. We remain on track to reintroduce the M20 backpack, the M30 tote and our sidekick dried gear bag in the fourth quarter. We will also launch smaller sizes for each style of soft cooler in the fourth quarter and extend the sizes of the dry bag line in early 2024. Again, I would like to th ...