Strength Seen in Yeti (YETI): Can Its 13.9% Jump Turn into More Strength?

Company Overview - Yeti Holdings shares increased by 13.9% to close at $30.90, following a significant trading volume, contrasting with a 20.1% loss over the past four weeks [1] - The company 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] Earnings Estimates - The consensus EPS estimate for Yeti has remained unchanged over the last 30 days, indicating a lack of upward revisions which typically correlate with stock price movements [3] - Yeti currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [3] Industry Context - Yeti is part of the Zacks Leisure and Recreation Products industry, where OneWater Marine, another company in the same sector, saw its shares rise by 12% to $14.45, despite a 22.2% decline over the past month [3] - OneWater Marine's consensus EPS estimate has also remained unchanged at $0.34, representing a significant year-over-year decline of 49.3%, and it holds a Zacks Rank of 3 (Hold) [4]