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Yeti Holdings (YETI)
NYSE:YETI
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Earnings Data
Report Date
Feb 13, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.93Last Year’s EPS
0.9Same Quarter Last Year
Based on 13 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 14, 2019
|% Change Since: 3.24%
|Next Earnings Date:Nov 29, 2018
Earnings Call Sentiment|Positive
YETI showed robust growth driven by international expansion and product innovation. While there are challenges in the U.S. market and potential tariff impacts, the company's strategic initiatives and strong performance indicate a positive outlook.Company Guidance
During the YETI Q3 2024 earnings call, the company provided guidance reflecting a strong performance with net sales up by 10% year-over-year, driven by growth across all channels. The international segment experienced a remarkable 30% growth, marking the fourth consecutive quarter of such performance outside the U.S. The company reaffirmed its full-year outlook, expecting a 9% increase in sales, with Coolers & Equipment projected to outpace Drinkware. Gross margins are anticipated to expand to approximately 58.5% for the year, up from 56.9% in 2023, despite anticipated flat margins for Q4 due to specific transitory factors. YETI also highlighted significant supply chain initiatives, with a target to have 50% of its Drinkware capacity outside China by the end of 2025, aiming to mitigate risks related to tariffs and optimize costs. The company remains confident in its strategic priorities, focusing on brand reach, product diversification, and global expansion.Strong Revenue Growth
YETI reported a 10% increase in net sales for the third quarter, with growth across all product categories, channels, and geographies.
International Expansion
The company achieved its fourth consecutive quarter of over 30% growth in international sales, with significant momentum in Europe and Australia.
Product Innovation
YETI launched 18 new Drinkware products over the past 12 months, including barware and tableware, with positive consumer feedback.
Gross Margin Expansion
Gross profit increased by 11% with a margin expansion to 58.2%, driven by lower inbound freight and product costs.
New Store Openings
YETI opened its 23rd and 24th stores, meeting its commitment of 6 store openings in the year, with strong traffic at the new locations.
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YETI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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YETI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $36.13 | $38.87 | +7.58% |
| Aug 08, 2024 | $37.03 | $43.12 | +16.45% |
| May 09, 2024 | $34.81 | $39.26 | +12.78% |
| Feb 15, 2024 | $48.20 | $41.53 | -13.84% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Yeti Holdings (YETI) report earnings?
Yeti Holdings (YETI) is schdueled to report earning on Feb 13, 2025, TBA Not Confirmed.
What is Yeti Holdings (YETI) earnings time?
Yeti Holdings (YETI) earnings time is at Feb 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is YETI EPS forecast?
YETI EPS forecast for the fiscal quarter 2024 (Q4) is 0.93.
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