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YETI Reports Second Quarter 2021 Results

August 5, 2021

YETI Holdings, Inc. announced its financial results for the second quarter ended July 3, 2021. Net sales increased 45% to $357.7 million, compared to $246.9 million during the same period last year. Gross profit increased 52% to $209.1 million, or 58.5% of net sales, compared to $137.5 million, or 55.7% of net sales, in the second quarter of 2020. Operating income increased 56% to $72.4 million, or 20.2% of net sales, compared to $46.5 million, or 18.8% of net sales, during the prior year quarter. Net income increased 68% to $56.2 million, or 15.7% of net sales, compared to $33.5 million, or 13.6% of net sales, in the prior year quarter. Businesswire