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Yeti (YETI) Stock Jumps 5.7%: Will It Continue to Soar?
YETIYETI(US:YETI) ZACKSยท2025-03-18 15:35

Company Overview - Yeti Holdings' shares increased by 5.7% to close at $34, following a notable trading volume, despite a 15.4% loss over the past four weeks [1] - The company announced the appointment of J. Magnus Welander and Arne Arens to its Board of Directors, effective March 24, 2025 [1] Earnings Expectations - Yeti is expected to report quarterly earnings of $0.28 per share, reflecting a year-over-year decline of 17.7%, with revenues projected at $348.66 million, a 2.1% increase from the previous year [2] - The consensus EPS estimate for Yeti has been revised down by 33.9% over the last 30 days, indicating a negative trend in earnings estimate revisions [3] Industry Context - Yeti operates within the Zacks Leisure and Recreation Products industry, where another company, OneWater Marine, closed 3.2% higher at $16.61, but has seen a return of -15.6% over the past month [3] - OneWater Marine's consensus EPS estimate remains unchanged at $0.36, representing a significant decline of 46.3% from the previous year [4]