05.03.2025 13:35:00

YETI Expands Globally With 30% International Growth

YETI Holdings (NYSE: YETI) held its fourth-quarter and fiscal-year 2024 earnings call on February 13, 2025. Despite competitive pressures and macroeconomic headwinds, YETI delivered solid growth and continues to expand its brand globally. Here are three key insights from the call for long-term investors.YETI continues to see impressive international growth, with sales outside the U.S. increasing 27% in the fourth quarter and 30% for the full year 2024. International business now accounts for 18% of total sales, up from 16% the previous year.We saw another quarter of excellent growth internationally, with our business outside the U.S. increasing 27% to $109 million in Q4. All of our regions grew, with Australia and Europe continuing their exceptional double-digit growth. Our efforts to drive brand awareness, grow our distribution network, and roll out our omnichannel model are working. And we see significant runway ahead of us as we continue to capitalize on the global opportunity for YETI.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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International Public Partnerships Ltd 1,11 -1,07% International Public Partnerships Ltd
YETI Holdings Inc Registered Shs 31,60 -1,25% YETI Holdings Inc Registered Shs