AUSTIN, Texas--(BUSINESS WIRE)--YETI Holdings, Inc. (“YETI”) (NYSE: YETI) today announced that it plans to report its third quarter fiscal year 2024 financial results on Thursday, November 7, 2024, before the market opens. YETI will host a conference call at 8:00 a.m. ET to discuss its financial results. Investors and analysts who wish to participate in the call are invited to dial 800-717-1738...
I am upgrading YETI to a buy rating, as the stock is now trading at a cheap ~13x forward P/E multiple on raised FY25 estimates. The company boosted its FY24 guidance expectations owing to strong execution in Q2, particularly in the cooler category. Despite competitive risks, YETI's strategic investments in infrastructure and international markets position it well for future growth.
Hold rating for Yeti Holdings stock due to uncertain macro backdrop. Strong innovation and new partnership deals are potential growth drivers. Pivoting production out of China is a positive move for cost savings and risk mitigation.
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Yeti Holdings (YETI) shares surged Thursday as the maker of insulated food and drink holders reported better-than-expected results and raised its guidance as demand for its coolers jumped.
Shares of Yeti Holdings Inc. soared Thursday toward their best day in a year, after the outdoor-products and drinkware maker reported second-quarter earnings that rose above expectations, boosted by the biggest jump in cooler sales in more than three years.
AUSTIN, Texas--(BUSINESS WIRE)--YETI Holdings, Inc. (“YETI”) (NYSE: YETI) today announced its financial results for the second quarter ended June 29, 2024. YETI reports its financial performance in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and as adjusted on a non-GAAP basis. Please see “Non-GAAP Financial Measures,” and “Reconciliation of...
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