Welcome to our dedicated page for YETI Holdings news (Ticker: YETI), a resource for investors and traders seeking the latest updates and insights on YETI Holdings stock.
YETI Holdings, Inc. reports recurring developments tied to its global outdoor products business, including coolers, drinkware, bags, apparel and related accessories sold under the YETI brand. Company updates commonly address quarterly and annual results, GAAP and non-GAAP performance measures, product-category sales, international demand, and channel activity across direct-to-consumer, wholesale, Amazon Marketplace, corporate sales and YETI retail stores.
YETI news also includes share repurchase activity, investor conference participation, reporting dates for earnings calls, and governance or leadership changes such as finance executive transitions. The company’s updates generally connect brand activity and product innovation with sales trends in outdoor and recreation markets.
YETI Holdings, Inc. (NYSE: YETI) has announced its plans to report second quarter fiscal year 2024 financial results on Thursday, August 8, 2024, before the market opens. The company will host a conference call at 8:00 a.m. ET to discuss the results. Investors and analysts can participate by dialing 800-717-1738 (international: 646-307-1865) about 10 minutes before the call starts.
A live webcast will be available on YETI's investor relations website. A recorded replay of the call will be accessible until August 22, 2024, by dialing 844-512-2921 (international: 412-317-6671) with access code 1160266. The webcast replay will remain on the website for 90 days.
YETI Holdings, Inc. reported strong first-quarter 2024 results, with a 13% increase in net sales and a 50% increase in EPS. Gross margin expanded by 360 basis points, and operating margin expanded by 260 basis points. The company entered into a $100 million accelerated share repurchase agreement, showing confidence in future growth. YETI continues to see growth in both wholesale and direct-to-consumer channels, with international sales reaching a record high. The company maintains its full-year 2024 sales outlook and raises EPS outlook, expecting adjusted sales to increase between 7% and 9%.
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