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