YETI HoldingsNYSE: YETI

Yeti beat Q1 2024 estimates and raised full year guidance as international growth was a record 19% of total revenue. While domestic sales grew by nearly 10% this quarter, international growth remains a key priority for the company. International sales grew by over 30% compared to Q1 2023. New products are on the horizon this summer, including a cheaper cooler option and a line of cast iron cookware.

Gain a more in-depth understanding of Yeti's (YETI) potential performance for the quarter ending March 2024 by looking beyond Wall Street's revenue and profit forecasts and analyzing estimates for its important metrics.

Buy what you know, but maybe not when earnings are moving the wrong way.

Yeti Holdings Inc  (NYSE:YETI ) reported fourth-quarter earnings of 90 cents per share on revenue of $519.8 million, both of which missed expectations, pushing shares 10.7% lower to trade at $43.06 at last check.

While the top- and bottom-line numbers for Yeti (YETI) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Yeti (YETI) came out with quarterly earnings of $0.90 per share, missing the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $0.78 per share a year ago.

Yeti Holdings Inc.'s stock YETI tumbled 11% early Thursday, after the maker of drinkware, coolers and outdoor products missed profit and sales estimates for the fourth quarter and offered soft guidance. Austin, Texas-based Yeti had net income of $78.6 million, or 90 cents a share, for the quarter, after a loss of $27.7 million, or 32 cents a share, in the year-earlier period.

Yeti's sales and profits for 2023 came in below expectations and guidance doesn't imply meaningful growth. Yeti stock was a little expensive given its modest growth but the company is still in good financial shape for the long term.

Get a deeper insight into the potential performance of Yeti (YETI) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.