YETI Reports Third Quarter 2020 Results

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YETI Holdings, Inc. (YETI) Tops Q3 EPS by 24c, Revenues Beat; Offers 4Q EPS Guidance Above Consensus

November 5, 2020 6:22 AM EST

YETI Holdings, Inc. (NYSE: YETI) reported Q3 EPS of $0.61, $0.24 better than the analyst estimate of $0.37. Revenue for the quarter came in at $294.6 million versus the consensus estimate of $260.23 million.

Net Sales Increased 29%Gross Margin Expanded 670 Basis PointsEPS Increased 137% to $0.58; Adjusted EPS Increased 126% to $0.61

Matt Reintjes, President and Chief Executive Officer, commented, YETI continued to successfully harness both the momentum we experienced pre-pandemic and the accelerating interest in active, outdoor... More