YETI Holdings, Inc. (YETI) Misses Q4 EPS by 6c, Misses on Revenue; Offers Guidance

YETI Holdings, Inc. (NYSE: YETI) reported Q4 EPS of $0.90, $0.06 worse than the analyst estimate of $0.96. Revenue for the quarter came in at $519.8 million versus the consensus estimate of $535.98 million.

For Fiscal 2024, YETI expects:

Adjusted sales to increase between 7% and 9%;
Adjusted operating income as a percentage of adjusted sales of approximately 16.0%;
An effective tax rate of approximately 25.3% (compared to 24.8% in the prior year period);
Adjusted net income per diluted share between $2.45 and $2.50, reflecting a 9% to 11% increase;
Diluted weighted average shares outstanding of approximately 87.4 million; and
Capital expenditures of approximately $60 million primarily to support investments in technology and new product innovation.

For earnings history and earnings-related data on YETI Holdings, Inc. (YETI) click here.

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