YETI Boosts FY24 Outlook - Update

(RTTNews) - While reporting financial results for the second quarter on Thursday, YETI Holdings, Inc. (YETI) raised its adjusted earnings and adjusted sales growth guidance for the full-year 2024.

For fiscal 2024, the company now projects adjusted earnings in a range of $2.61 to $2.65 per share on adjusted sales growth of 8 to 10 percent.

Previously, the company expected adjusted earnings in the range of $2.49 to $2.62 per share on adjusted sales growth of 7 to 9 percent.

On average, 17 analysts polled by Thomson Reuters expect the company to report earnings of $2.59 per share on revenue growth of 9.5 percent to $1.82 billion for the year. Analysts' estimates typically exclude special items.

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