Booming Cooler Sales Help Yeti Beat Profit and Sales Estimates

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 ...