YETI Reports Second Quarter 2019 Results
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YETI Holdings, Inc. (YETI) Tops Q2 EPS by 4c, Revenues Beat; Raises FY19 EPS Guidance
August 1, 2019 6:17 AM EDTYETI Holdings, Inc. (NYSE: YETI) reported Q2 EPS of $0.33, $0.04 better than the analyst estimate of $0.29. Revenue for the quarter came in at $231.7 million versus the consensus estimate of $224.68 million.
Net Sales Increased 12%Gross Margin Expanded 140 Basis PointsDiluted EPS increased by 14% to $0.26; Diluted Adjusted EPS increased by 19% to $0.33Raises 2019 OutlookMatt Reintjes, President and Chief Executive Officer, commented, YETI delivered strong second quarter results, highlighted by our DTC business and demonstrating the brands growing reach and relevance during the important gift giving period for moms, dads, and grads.... More
