Yeti: Fourth Quarter Financial Overview
Yeti Holdings Reports Strong Fourth-Quarter Results
Yeti Holdings Inc., headquartered in Austin, Texas, announced a net profit of $58.2 million for the fourth quarter.
The company recorded earnings of $0.74 per share, while adjusted earnings—which exclude certain one-time items—came in at $0.92 per share.
These results surpassed analysts’ expectations, as a consensus of 10 analysts polled by Zacks Investment Research had forecasted earnings of $0.88 per share.
Yeti, known for its outdoor and recreational gear, generated $583.7 million in revenue during the quarter, exceeding the $583.2 million anticipated by nine Zacks analysts.
Looking ahead, Yeti projects its full-year earnings to fall between $2.77 and $2.83 per share.
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