YETI Reports Third Quarter 2019 Results
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YETI Holdings, Inc. (YETI) Tops Q3 EPS by 4c; Raises FY19 EPS Guidance Above Consensus
October 31, 2019 6:21 AM EDTYETI Holdings, Inc. (NYSE: YETI) reported Q3 EPS of $0.30, $0.04 better than the analyst estimate of $0.26. Revenue for the quarter came in at $229.1 million versus the consensus estimate of $222.09 million.
Net Sales Increased 17%Gross Margin Expanded 270 Basis PointsEPS increased 20% to $0.25; Adjusted EPS increased 24% to $0.30Raises Full Year Net Sales and Earnings OutlookMatt Reintjes, President and Chief Executive Officer, commented, YETI had a great quarter. Third quarter results were powered by a strong new product lineup and expanding gross margins both powerful indicators of brand health and momentum.... More
