Yeti Holdings Stock News

Artisan Partners, a high value-added investment management firm, published its ‘Artisan Mid Cap Fund’ fourth quarter 2021 investor letter – a copy of which can be downloaded here.

Yeti Holdings Inc. says it will stop selling items at Lowe's Cos. Inc., part of its effort to focus on other sales channels that promise greater business opportunities.

Investors are pessimistic on YETI's potential as we transition out of the pandemic.

YETI earnings call for the period ending December 31, 2021.

Yeti Holdings (YETI) traded slightly lower on Thursday despite topping revenue and EPS estimates with its Q4 earnings report. Read more.

YETI Holdings, Inc.'s (YETI) CEO Matthew Reintjes on Q4 2021 Results - Earnings Call Transcript

YETI Holdings Inc (NYSE: YETI ) reported fourth-quarter FY21 sales growth of 18% year-on-year, to $443.13 million, beating the analyst consensus of $442.34 million. Net sales from the Direct-to-consumer channel increased 21% Y/Y, the Wholesale channel rose 13%, Drinkware sales gained 21%, and Coolers & Equipment rose 13%. Adjusted EPS of $0.87 beat the analyst consensus of $0.83. Full story available on Benzinga.com

Although earnings at cooler maker Yeti beat estimates, guidance disappointed.

AUSTIN, Texas (AP) _ Yeti Holdings Inc. (YETI) on Thursday reported fourth-quarter profit of $72.9 million. The Austin, Texas-based company said it had profit of 82 cents per share. Earnings, adjusted for one-time gains and costs, came to 87 cents per share. The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 84 cents per share. The maker of outdoor and recreational products posted revenue of $443.1 million in the period, missing Street forecasts. Seven analysts surveyed by Zacks expected $444.1 million. Yeti expects full-year earnings in the range of $2.82 to $2.86 per share, with revenue in the range of $1.66 billion to $1.69 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on YETI at https://www.zacks.com/ap/YETI

Shares of YETI Holdings Inc. fell 1.7% in premarket trading Thursday, after the maker of drinkware, coolers and outdoor products reported fourth-quarter profit and revenue that topped expectations, but provided a downbeat full-year earnings outlook. Net income for the quarter to Jan. 1 rose to $72.9 million, or 82 cents a share, from $62.4 million, or 71 cents a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share increased to 87 cents from 74 cents, beating the FactSet consensus of 84 cents. Sales grew 17.9% to $443.1 million, above the FactSet consensus of $442.2 million. Growth in cost of goods sold increased 24.8% to $188.3 million, outpacing the rise in sales, to knock gross margin down to 57.4% from 59.8%. For 2022, the company expects adjusted EPS of between $2.82 and $2.86, below the FactSet consensus of $2.94, and expects sales growth of 18% to 20%, while the FactSet sales consensus of $1.63 billion implies 16% growth. "Looking forward, as we continue to maneuver through the varied supply chain disruptions and pressures, I remain incredibly confident in the demand for the YETI brand," said Chief Executive Matt Reintjes.

Shares of YETI Holdings Inc. undefined fell 1.7% in premarket trading Thursday, after the maker of drinkware, coolers and outdoor products reported…

Yeti Holdings Inc  (NYSE:YETI ) stepped into the earnings confessional to report fourth-quarter earnings results this morning.