YETI Holdings, Inc. (YETI) Maintains FY19 Outlook Following Tariff Announcement by U.S. Administration
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YETI Reiterates 2019 Outlook Following Tariff Announcement
August 1, 2019 6:28 PM EDTAUSTIN, Texas--(BUSINESS WIRE)-- YETI Holdings, Inc. (YETI) (NYSE: YETI) affirms its fiscal 2019 outlook following todays announcement by the United States of an additional 10% tariff on the remaining Chinese imports starting September 1, 2019. The company does not expect the new tariffs to have any impact to its 2019 outlook, which YETI announced pursuant to a press release issued on the morning of August 1, 2019.
As indicated on its second quarter fiscal 2019 earnings call on August 1, 2019, YETI has taken proactive measures to mitigate the near-term impact of potential higher tariffs on its business. This includes the... More
