YETI Reports Fourth Quarter and Fiscal Year 2018 Financial Results
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YETI Holdings, Inc. (YETI) Tops Q4 EPS by 3c, Revenues Beat; FY19 EPS Guidance Above Consensus
February 14, 2019 6:02 AM ESTYETI Holdings, Inc. (NYSE: YETI) reported Q4 EPS of $0.38, $0.03 better than the analyst estimate of $0.35. Revenue for the quarter came in at $241.2 million versus the consensus estimate of $226.45 million.
Net sales increased 19% to $241.2 millionGross margin improved 690 basis points to 53.0%Net income increased 533% to $25.2 million, or $0.30 per diluted shareAdjusted Net Income grew 379% to $32.0 million, or $0.38 per diluted shareAdjusted EBITDA increased 58% to $52.2 millionMatt Reintjes, President and Chief Executive Officer of YETI Holdings, Inc., commented, We finished 2018 with significant... More
