YETI (YETI) gains as Q2 margins strengthen on lower costs

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YETI Reports Second Quarter 2023 Results

August 10, 2023 6:00 AM EDT

Net Sales Decreased 4%; Adjusted Net Sales Increased 2%
Gross Margin Continues to Expand
Raises Low End of Full Year 2023 Adjusted Net Sales Outlook Range
Increases Full Year 2023 Adjusted EPS Outlook

AUSTIN, Texas--(BUSINESS WIRE)-- YETI Holdings, Inc. (YETI) (NYSE: YETI) today announced its financial results for the second quarter ended July 1, 2023.

With one full quarter of product recall activity, YETI is providing an update on its product recalls and their impacts on its financial performance. The results below should be read in conjunction with the Product Recall... More