Yeti Inc. Lifts Fiscal Year EPS Guidance After Q1 Sales and Earnings Beat
May 9, 2024
Yeti Inc. raised its earnings guidance for the year after reporting first-quarter earnings easily topped analysts’ expectations. Earnings on an adjusted basis surged 89 percent while sales grew 13 percent, boosted by a re-acceleration in domestic growth with balanced growth across drinkware and cooler segments.
Sales and adjusted sales both increased 13 percent to $341.4 million, compared to $302.8 million during the same period last year. SGB Media
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