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Stock impact report

3 Reasons Yeti Stock Could Have More Upside [The Motley Fool]

YETI Holdings, Inc. (YETI) 
Last yeti holdings, inc. earnings: 2/13 06:00 am Check Earnings Report
Company Research Source: The Motley Fool
Yeti Holdings(NYSE:YETIThe shares are up % since its 08 initial public offering (IPO), with most of those gains coming over the last year. The company is experiencing strong demand for its products as people get out of the house, but there's still a lot of potential for this brand to grow. Here are three reasons Yeti stock is a good reopening play with long-term upside.Image source: Getty Images.. Accelerating growthYeti has seen sales growth improve significantly since the first quarter of 00. Sales improved % year over year before dipping to a 7% growth rate in the second quarter at the beginning of the pandemic. But then sales exploded in the third quarter, up 9% year over year, and finished 00 strong with an increase of 6% in the final quarter.Demand remained high through the start of 0, with Q sales up % over the year-ago quarter. This growth has been driven by its two largest categories -- coolers and equipment, and drinkware -- that accounted for % and 8% of total sales, respec Show less Read more
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