Yeti (YETI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Yeti (YETI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
YETI: Great Buy Amid International Growth And Supply Chain Expansion
Shares of YETI have declined ~20% over the past year, presenting a great buying opportunity at ~13x forward P/E. The company is achieving international sales growth of over >30%, while also extending its product lines into new categories like cookware that are expected to boost TAM by $10 billion. Concerns over tariff exposure are mitigated by YETI's strategic shift in Drinkware production outside of China, aiming for 50% by the end of 2025.
Yeti price target lowered to $35 from $36 at KeyBanc
KeyBanc yesterday morning lowered the firm's price target on Yeti to $35 from $36 and keeps an Underweight rating on the shares. The firm continues to see risk to Yeti due to tougher compares, its tariff exposure, and competitor "brand heat." The company has "managed to check most boxes" through fiscal 2024, but it has continued to display more modest organic U.S. trends, the analyst told investors in a research note. Looking into fiscal 2025, KeyBanc believes the end of easier comps, no longer lapping the soft cooler recall in Q4, and strong international comps "raise caution."
YETI Holdings: Fairly Valued And Positioned For Success
YETI Holdings has a durable competitive advantage in both online and brick-and-mortar channels, driving international growth and high-quality earnings. The company's DTC channel has seen a 40% CAGR over 10 years, with international sales now 18% of revenue as the company gains market share. YETI's financial performance shows robust growth, with significant increases in sales and margins, supported by effective cash flow management and strategic debt repayment.
YETI Holdings: Undervalued Stock Currently Trading At Multiyear Lows
YETI Holdings, Inc. is an iconic premium brand with solid fundamentals, presenting a value opportunity for double-digit returns over the next few years. Recent earnings beat, with strong growth in sales and margins, supported by strategic collaborations and a robust holiday season outlook. YETI's valuation metrics indicate significant discounting, with high gross margins and a strong share buyback program enhancing shareholder value.
YETI: A Great, Undervalued Small Cap
Despite a 24% YTD decline, I remain bullish on YETI Holdings due to its strong product portfolio, international growth, and undervaluation. YETI reported a 10% revenue increase in Q3 2024, driven by new product launches and strong international sales growth. The company is reducing its dependence on China, with plans to have 50% of drinkware production outside China by 2025.
YETI or POOL: Which Is the Better Value Stock Right Now?
Investors looking for stocks in the Leisure and Recreation Products sector might want to consider either Yeti (YETI) or Pool Corp. (POOL). But which of these two stocks is more attractive to value investors?
Yeti's Rally Shows Some Tariff Fears Are Overblown
The latest earnings for the maker of high-end coolers and water bottles were a bright spot in a tough year.
YETI Holdings, Inc. (YETI) Q3 2024 Earnings Call Transcript
YETI Holdings, Inc. (NYSE:YETI ) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Maria Lycouris - IR Matt Reintjes - President and CEO Mike McMullen - CFO Conference Call Participants Peter Benedict - Baird Alexia Morgan - Piper Sandler Randy Konik - Jefferies LLC Philip Blee - William Blair Peter McGoldrick - Stifle Savannah Sommer - Goldman Sachs Operator Good morning, ladies and gentlemen. And welcome to the YETI Holdings Third Quarter 2024 Earnings Conference Call [Operator Instructions].
Yeti (YETI) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Yeti (YETI) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Yeti (YETI) Tops Q3 Earnings and Revenue Estimates
Yeti (YETI) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.60 per share a year ago.
Curious about Yeti (YETI) Q3 Performance? Explore Wall Street Estimates for Key Metrics
Beyond analysts' top -and-bottom-line estimates for Yeti (YETI), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
