YETI Earnings Prediction
The chart below shows how YETI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, YETI sees a -2.17% change in stock price 10 days leading up to the earnings, and a -2.37% change 10 days following the report. On the earnings day itself, the stock moves by +4.39%. This data can give you a slight idea of what to expect for the next quarter's release.
YETI Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
546.54M
5.15%
14.23%
Gross Margin
59.73%
-1.50%
2.89%
Operating Margin
15.10%
-20.02%
3.78%
Net Margin
9.73%
-35.65%
-17.26%
EPS
0.63
-30.00%
-4.55%
No Data Available
YETI Earnings Analysis
Yeti Holdings Inc Corporation (YETI.N) Earnings Conference Call
Positive
Earnings Per Share Beat: YETI Holdings, Inc. reported an EPS of $1, exceeding expectations of $0.93, indicating strong financial performance.
Sales Growth Achievement: In 2024, YETI achieved a 9% increase in sales, reaching $1.84 billion, with growth across all channels, categories, and geographies.
Operating Income Increase: Operating income grew by 18% to $309 million, showcasing effective cost management and operational efficiency.
Strong Free Cash Flow: The company generated $220 million in free cash flow, maintaining a strong balance sheet and providing flexibility for future investments.
International Business Expansion: YETI's international business grew by 30%, now representing 18% of total sales, highlighting successful global expansion efforts.
Coolers & Equipment Sales Surge: The Coolers & Equipment category saw a 17% increase in sales in Q4, driven by strong demand for hard coolers and bags.
Direct-to-Consumer Sales Growth: Direct-to-consumer sales grew by 10% in Q4, indicating strong consumer engagement and brand loyalty.
Product Innovation and Diversification: YETI launched 24 new products in 2024, demonstrating a commitment to innovation and product diversification.
Share Repurchase Confidence: The company successfully executed $200 million in share repurchases, representing about 6% of outstanding shares, reflecting confidence in its long-term growth.
Brand Loyalty and Trust: YETI's brand loyalty is evident, with 95% of surveyed owners recommending the brand, underscoring strong consumer trust and satisfaction.
Negative
Recall Reserve Impact: - The company faced a significant unfavorable recall reserve adjustment of $9.9 million, impacting sales by $8.8 million due to higher estimated consumer recall participation rates.
Drinkware Market Decline: - The U.S. Drinkware market experienced heightened competition and promotional intensity, leading to a slight year-over-year decline in the overall Drinkware business in Q4.
Drinkware Category Growth Challenges: - Despite overall sales growth, the Drinkware category only grew 3% in Q4, indicating challenges in this segment compared to others.
Foreign Exchange Impact: - The company anticipates a 100-basis-point headwind from foreign exchange (FX) in 2025, which could negatively impact overall sales growth.
Drinkware Growth Projections: - The first half of 2025 is expected to see low to mid-single-digit growth in Drinkware, with Q1 projected to be down slightly year-over-year, indicating potential struggles in this category early in the year.
SG&A Expense Outlook: - SG&A expenses are expected to grow slightly below sales growth in 2025, with an anticipated 250 basis points of SG&A deleverage in Q1, suggesting initial cost pressures.
Operating Income Decline: - The company expects a year-over-year decline in operating income in Q1 2025, indicating potential challenges in maintaining profitability early in the year.
FX Impact on Income Growth: - FX is expected to have a roughly 350-basis-point impact on operating income growth in 2025, further complicating financial performance.
Cash Decrease Analysis: - The company ended 2024 with $359 million in cash, down from $439 million at the end of 2023, indicating a decrease in liquidity.
YETI FAQs
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YETI Earning Call Sentiment
YETI Holdings, Inc. (NYSE:YETI) Q4 2024 Earnings Call Transcript
YETI.N
0.78%Positive
YETI's earnings call highlights strong financial performance with record EPS, sales growth, and effective inventory management. Despite competitive pressures and regulatory issues, the company maintains a positive outlook with strategic supply chain shifts and a robust share repurchase program. The Q&A section reveals manageable tariff impacts and optimistic product innovation prospects. The market cap suggests moderate sensitivity, leading to a prediction of a positive stock price movement of 2% to 8% over the next two weeks.
