YETI Holdings, Inc. Reports Earnings Results for the Fourth Quarter Ended December 30, 2023
February 15, 2024 at 06:00 am EST
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YETI Holdings, Inc. reported earnings results for the fourth quarter ended December 30, 2023. For the fourth quarter, the company reported sales was USD 519.79 million compared to USD 448 million a year ago. Net income was USD 78.59 million compared to net loss of USD 27.74 million a year ago.
Basic earnings per share from continuing operations was USD 0.9 compared to basic loss per share from continuing operations of USD 0.32 a year ago. Diluted earnings per share from continuing operations was USD 0.9 compared to diluted loss per share from continuing operations of USD 0.32 a year ago.
YETI Holdings, Inc. is a designer, retailer, and distributor of outdoor products. The Company's product portfolio consists of three categories: Coolers & Equipment; Drinkware, and Other. Its Coolers & Equipment family is comprised of hard coolers, soft coolers, cargo, bags, outdoor living, and associated accessories. Its hard cooler category includes YETI Tundra, YETI Roadie, YETI V Series hard coolers, YETI TANK ice, and YETI Silo 6G water cooler bucket. Its Hopper soft cooler product line includes Hopper M15 Soft Cooler, Hopper M12 Soft Backpack Cooler, Hopper M30 Soft Cooler, Hopper Flip Soft Cooler, and Daytrip Lunch Bag, among others. Its Drinkware product line consists of Rambler Colsters, Rambler Lowball, Rambler Wine Tumblers, Rambler Stackable Pints, Rambler Mugs, Rambler Tumblers, Rambler Straw Mugs and Cups, Rambler Bottles, Rambler Jugs and Yonder Water Bottles. Its Other category offers an array of apparel and gear, such as hats, shirts, bottle openers and ice substitutes.