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-0.0048543689320389 -0.0048543689320389 -0.0048543689320389 0 -0.00970873786407763 0.0189320388349515 0.0436893203883494 -0.0611650485436894
Stock impact report

Yeti reports first results as a public company, beats profit expectations [MarketWatch]

YETI Holdings, Inc. (YETI) 
Last yeti holdings, inc. earnings: 2/13 06:00 am Check Earnings Report
Company Research Source: MarketWatch
Yeti reports first results as a public company, beats profit expectations Yeti Holdings Inc. YETI, +6.19% reported Thursday its first quarterly results since going public on Oct. 25, and beat third-quarter earnings expectations and provided an upbeat outlook, although sales came up a by shy. The outdoor and recreation products maker's stock was still inactive in premarket trade. Net income for the quarter to Sept. 29 rose to $17.0 million, or 21 cents a share, from $11.3 million, or 14 cents a share, in the same period a year ago. Excluding non-recurring items, adjusted earnings per share came to 24 cents, above the FactSet consensus of 24 cents. Sales increased 7% to $196.1 million, but was just below the FactSet consensus of $196.2 million. Gross margin improved 4.8 percentage points to 49.7%. Looking ahead, the company expects 2018 sales to rise 19% to 20% from 2017, and projects 2018 adjusted EPS of 79 cents to 82 cents, above the FactSet consensus of 73 cents. The stock has ga Show less Read more
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