Workflow
Countdown to Yeti (YETI) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS
YETIYETI(US:YETI) ZACKS·2024-08-06 14:20

Core Insights - Wall Street analysts forecast Yeti (YETI) will report quarterly earnings of $0.64 per share, reflecting a year-over-year increase of 12.3% [1] - Anticipated revenues are projected to be $456.69 million, showing a 13.5% increase compared to the same quarter last year [1] Earnings Estimates - Over the past 30 days, the consensus EPS estimate has been adjusted upward by 1%, indicating a reassessment by covering analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions to stock performance [3] Revenue Estimates by Category - The consensus estimate for 'Net Sales by Category- Coolers & Equipment' is $193.63 million, representing a year-over-year change of +23.6% [4] - 'Net Sales by Category- Drinkware' is expected to reach $252.21 million, with a year-over-year change of +8.1% [5] - 'Net Sales by Category- Other' is projected at $13.82 million, indicating a +10.2% change year over year [5] Revenue Estimates by Channel - 'Net Sales by Channel- Wholesale' is forecasted to be $205.99 million, reflecting a year-over-year change of +16.9% [5] - 'Net Sales by Channel- Direct-to-consumer' is estimated at $252.14 million, showing an +11.4% change from the prior-year quarter [6] Geographic Revenue Estimates - Estimated 'Geographic Revenues- United States' is $384.35 million, indicating a +11.1% change from the year-ago quarter [6] - 'Geographic Revenues- International' is projected to reach $74.29 million, reflecting a significant +31.1% change year over year [6] Stock Performance - Yeti shares have increased by +1.3% in the past month, contrasting with the Zacks S&P 500 composite's -6.7% performance [7] - YETI holds a Zacks Rank 2 (Buy), suggesting it is expected to outperform the overall market in the near term [7]