YETI(YETI) - 2020 Q2 - Earnings Call Presentation
YETIYETI(US:YETI)2020-08-06 15:07

Financial Performance - LTM Q2 2020 Net Sales reached $948 million[16] - LTM Q2 2020 Adjusted EBITDA was $187 million with a 20% margin[16] - Q2 2020 Net Sales increased to $247 million, compared to $232 million in Q2 2019[73] - Q2 2020 Gross Profit increased to $138 million with a 56% margin, compared to $116 million with a 50% margin in Q2 2019[82] - Q2 2020 Adjusted EBITDA increased to $58 million with a 23% margin, compared to $47 million with a 20% margin in Q2 2019[86] Sales Growth - Direct-to-Consumer (DTC) sales in Q2 2020 grew to $133 million, a 61% year-over-year increase, representing 54% of the channel mix[12] - Drinkware net sales in Q2 2020 were $129 million, compared to $117 million in Q2 2019[75] Strategic Priorities - YETI.com experienced triple-digit year-over-year growth each month during Q2 2020[12] - Wholesale accounted for 52% and DTC 48% of net sales[40]