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. (NYSE: YETI) is a global designer, retailer, and distributor of outdoor products, and its news flow reflects both its consumer brand focus and its status as a public company. Headquartered in Austin, Texas, YETI regularly issues updates on its financial performance, strategic priorities, and participation in investor events.
On this page, readers can follow YETI news related to quarterly earnings, capital allocation, and category performance across Drinkware and Coolers & Equipment. The company frequently reports on trends in its direct-to-consumer and wholesale channels, international and U.S. sales mix, and the impact of factors such as tariffs and supply chain diversification on its operations.
YETI’s press releases also highlight developments in its global brand expansion, including performance in regions such as Europe, Canada, Australia, and Japan. Management commentary often discusses product innovation, growth in bags, soft coolers, and hard coolers, and the company’s efforts to broaden its product platforms while maintaining what it describes as strong gross and operating margins.
Investors and followers of the brand will also see announcements about investor conferences hosted by firms like Morgan Stanley, Goldman Sachs, William Blair, Jefferies, and KeyBanc Capital Markets, where YETI’s management participates in fireside chats and presentations. Additional updates can include leadership and governance items, such as changes in investor relations leadership or board-level developments disclosed through press releases and Form 8-K filings.
By reviewing the YETI news feed, users can track how the company communicates its financial results, strategic initiatives in supply chain and international markets, and ongoing engagement with the investment community.
YETI Holdings, Inc. (NYSE: YETI) is set to announce its second quarter fiscal year 2022 financial results on August 4, 2022, before market opening. The company will host a conference call at 8:00 a.m. ET to discuss these results, inviting investors and analysts to join by dialing in 10 minutes early. The call will also be available via live webcast. A recorded replay will remain accessible until August 18, 2022, via telephone and the company’s investor relations website.
YETI Holdings reported a 19% increase in net sales for Q1 2022, reaching $293.6 million. Direct-to-consumer sales surged 23%, contributing to overall growth. Despite sales gains, gross profit increased 7% but gross margin decreased by 590 basis points due to rising costs. Operating income fell 17% to $33.3 million, and net income decreased 16% to $25.7 million. YETI completed a $100 million share repurchase and raised its EPS outlook for 2022 to between $2.67 and $2.72.
YETI Holdings, Inc. (NYSE: YETI) is set to report its first quarter fiscal year 2022 financial results on May 11, 2022, before market opening. A conference call will be held at 8:00 a.m. ET to discuss these results. Investors can participate by dialing 877-451-6152, and a live webcast will be available on YETI's investor relations website. A recorded replay of the call will also be accessible until May 25, 2022.
YETI is known for high-quality outdoor products and aims to meet the diverse needs of outdoor enthusiasts.
YETI Holdings has authorized a share repurchase program of up to $100 million for its common stock, effective immediately and lasting through February 27, 2023. CEO Matt Reintjes expressed confidence in the brand's demand, stating shares are currently undervalued. The buyback aims to enhance shareholder value while allowing YETI to pursue growth opportunities. The buybacks will utilize existing cash or future cash flow. As of January 1, 2022, YETI held $312.2 million in cash with 87.7 million shares outstanding.
YETI Holdings reported strong financial results for Q4 and the full fiscal year 2021. Q4 net sales rose 18% to $443.1 million, while full-year sales increased 29% to $1.41 billion. Operating margins in Q4 stood at 21.2%, with a full-year margin of 19.5%. EPS for Q4 grew 15% to $0.82 and 36% for the full year to $2.40. The company anticipates 18% to 20% sales growth in FY2022 despite supply chain challenges. Cash on hand exceeded $300 million, highlighting its solid financial position.
YETI Holdings, Inc. (NYSE: YETI) plans to report its fourth quarter and fiscal year 2021 financial results on February 17, 2022, before market opening. Management will host a conference call at 8:00 a.m. ET to discuss the results. Interested participants can call 877-451-6152 (international callers: 201-389-0879) and should reference Conference ID 13726030. A live webcast will be accessible in the investor relations section of YETI’s website, with a recorded replay available until March 3, 2022.
YETI Holdings, Inc. reported a 23% increase in net sales for Q3 2021, reaching $362.6 million, driven by robust demand across its product lines. Direct-to-consumer sales surged 31%, while wholesale sales grew 15%. Despite inflationary pressures, net income rose 3% to $53.0 million and adjusted EPS improved to $0.64. The company raised its fiscal 2021 outlook, projecting net sales growth between 28% and 29%. However, SG&A expenses saw a 33% increase due to higher marketing costs.
YETI Holdings, Inc. (NYSE: YETI) announced it will report its third quarter fiscal year 2021 financial results on Thursday, November 11, 2021, before the market opens. A conference call will be held at 8:00 a.m. ET to discuss the results, with participation details provided for investors and analysts. The call will be accessible via a live webcast on YETI's investor relations website. A recorded replay will also be available post-call until November 25, 2021.
YETI reported a strong financial performance for Q2 2021, with net sales up 45% to $357.7 million, driven by robust direct-to-consumer (DTC) sales, which accounted for 55% of total net sales. Earnings per share increased by 66% to $0.63. Gross profit rose 52% to $209.1 million, with a gross margin increase of 280 basis points. The company raised its full-year outlook, anticipating net sales growth of 26% to 28%. Cash and cash equivalents reached $233.8 million, outpacing total debt of $123.8 million.
YETI Holdings, Inc. (NYSE: YETI) announced it will report its Q2 fiscal year 2021 financial results on August 5, 2021, prior to market opening. A conference call will follow at 8:00 a.m. ET, where investors and analysts can dial in to discuss the results. Interested participants should join approximately 10 minutes early and reference Conference ID 10015594. A live webcast of the call will also be available on YETI's investor relations website.
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