Profile
Sector:
Consumer CyclicalIndustry:
LeisureCountry:
United StatesIPO:
25 October 2018Website:
http://www.yeti.comNext earnings report:
14 February 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | 31 min agoDividend
Analysts recommendations
Institutional Ownership
YETI Latest News
Despite a 24% YTD decline, I remain bullish on YETI Holdings due to its strong product portfolio, international growth, and undervaluation. YETI reported a 10% revenue increase in Q3 2024, driven by new product launches and strong international sales growth. The company is reducing its dependence on China, with plans to have 50% of drinkware production outside China by 2025.
Investors looking for stocks in the Leisure and Recreation Products sector might want to consider either Yeti (YETI) or Pool Corp. (POOL). But which of these two stocks is more attractive to value investors?
The latest earnings for the maker of high-end coolers and water bottles were a bright spot in a tough year.
Yeti (YETI) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.60 per share a year ago.
YETI Holdings, Inc. (NYSE:YETI ) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Maria Lycouris - IR Matt Reintjes - President and CEO Mike McMullen - CFO Conference Call Participants Peter Benedict - Baird Alexia Morgan - Piper Sandler Randy Konik - Jefferies LLC Philip Blee - William Blair Peter McGoldrick - Stifle Savannah Sommer - Goldman Sachs Operator Good morning, ladies and gentlemen. And welcome to the YETI Holdings Third Quarter 2024 Earnings Conference Call [Operator Instructions].
Investors with an interest in Leisure and Recreation Products stocks have likely encountered both Yeti (YETI) and Sportradar Group AG (SRAD). But which of these two stocks is more attractive to value investors?
YETI's ability to adapt to shifting market demands and strategic brand-building efforts bode well. However, macroeconomic challenges remain.
I am upgrading YETI to a buy rating, as the stock is now trading at a cheap ~13x forward P/E multiple on raised FY25 estimates. The company boosted its FY24 guidance expectations owing to strong execution in Q2, particularly in the cooler category. Despite competitive risks, YETI's strategic investments in infrastructure and international markets position it well for future growth.
Earnings season is always good for a few surprises. One name that's surprising to the upside is YETI Holdings Inc. (NYSE: YETI).
Investors interested in stocks from the Leisure and Recreation Products sector have probably already heard of Yeti (YETI) and Sportradar Group AG (SRAD). But which of these two stocks offers value investors a better bang for their buck right now?
What type of business is YETI Holdings?
YETI Holdings, Inc. is engaged in the development, marketing, and distribution of products for outdoor activities. The company was founded in 2006 and is headquartered in Austin, Texas. The "Coolers and Equipment" category includes cooler containers, cooler bags, and related accessories. Tundra cooler containers, designed for hunting and fishing, are also suitable for other recreational activities such as boating, rafting, camping, BBQing, outdoor picnics, and are useful in agriculture and on the farm. The Company's Hopper coolers are designed for ice storage. The "Other Activities" category offers a wide range of YETI branded gear. The Company's products are sold under the YETI brand.
What sector is YETI Holdings in?
YETI Holdings is in the Consumer Cyclical sector
What industry is YETI Holdings in?
YETI Holdings is in the Leisure industry
What country is YETI Holdings from?
YETI Holdings is headquartered in United States
When did YETI Holdings go public?
YETI Holdings initial public offering (IPO) was on 25 October 2018
What is YETI Holdings website?
https://www.yeti.com
Is YETI Holdings in the S&P 500?
No, YETI Holdings is not included in the S&P 500 index
Is YETI Holdings in the NASDAQ 100?
No, YETI Holdings is not included in the NASDAQ 100 index
Is YETI Holdings in the Dow Jones?
No, YETI Holdings is not included in the Dow Jones index
When was YETI Holdings the previous earnings report?
No data
When does YETI Holdings earnings report?
The next expected earnings date for YETI Holdings is 14 February 2025