YETI Holdings, Inc. (NYSE:YETI) Q4 2023 Earnings Conference Call February 15, 2024 8:00 AM ET Company Participants Thomas D. Shaw - VP, IR Matthew J. Reintjes - President and CEO Michael J. McMullen - SVP, CFO and Treasurer Conference Call Participants Brooke Roach - Goldman Sachs Peter Benedict - Robert W. Baird Peter Keith - Piper Sandler Robert Ohmes - Bank of America Securities James Duffy - Stifel, Nicolaus & Company Noah Zatzkin - KeyBanc Capital Markets Megan Alexander - Morgan Stanley Brian McNamara ...

Yeti Holdings Inc (NYSE:YETI) reported fourth-quarter earnings of 90 cents per share on revenue of $519.8 million, both of which missed expectations, pushing shares 10.7% lower to trade at $43.06 at last check.Also weighing on the retailer is a weaker-than-expected 2024 guidance. This soft outlook follows two major acquisitions the company made last month. Yeti acquired Mystery Ranch to add to its bags and packs product unit and moved into cookware through its buyout of Butter Pat Industries, which offers c ...

For the quarter ended December 2023, Yeti (YETI) reported revenue of $519.79 million, up 6.9% over the same period last year. EPS came in at $0.90, compared to $0.78 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $538.21 million, representing a surprise of -3.42%. The company delivered an EPS surprise of -6.25%, with the consensus EPS estimate being $0.96.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...

® (YETI) YETI Disclaimer Forward Looking Statements 2 These forward-looking statements are made based upon detailed assumptions and reflect management's current expectations and beliefs as of the date hereof. While we believe that these assumptions underlying the forward-looking statements are reasonable, we caution that it is very difficult to predict the impact of known factors, and it is impossible for us to anticipate all factors that could affect actual results. Readers of this presentation should cons ...

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 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 ...

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 ...

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 ...

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 ...

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 ...