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. plans to report its fourth quarter and fiscal year 2020 financial results on February 11, 2021, before the market opens. A conference call will be held at 8:00 a.m. ET to discuss these results. Investors can join the call by dialing 877-451-6152 and referencing Conference ID 13714657. A live webcast will also be available on YETI's investor relations website. The recorded replay will be accessible until February 25, 2021.
YETI reported strong Q3 2020 financial results, with a 29% revenue growth to $294.6 million, driven by a 62% increase in direct-to-consumer sales. Gross profit surged 45% to $174.0 million, elevating gross margin to 59.1%. Operating income soared 106% to $70.1 million, and net income increased by 142% to $51.4 million. The company ended the quarter with $235 million in cash and reduced debt by $50 million. For Q4, YETI anticipates a 15%-16% revenue increase, and earnings per share between $0.55 and $0.58, reflecting confidence amidst ongoing inventory constraints.
YETI Holdings, Inc. (NYSE: YETI) announced it will release its Q3 FY2020 financial results on November 5, 2020, before market opening. A conference call will be held at 8:00 a.m. ET for discussion of the results. Participants can join by dialing 877-451-6152, referencing Conference ID 13711595. A live webcast will be available on the company's investor relations website. A recorded replay will be accessible post-call and available until November 19, 2020, via specified dial-in numbers.