YETI Holdings Q2 Adj EPS $0.57 Beats $0.47 Estimate, Sales $402.60M Miss $411.64M Estimate
Portfolio Pulse from Benzinga Newsdesk
YETI Holdings reported Q2 adjusted earnings of $0.57 per share, beating the analyst consensus estimate of $0.47 by 21.28%. However, the company's quarterly sales of $402.60 million missed the analyst consensus estimate of $411.64 million by 2.20%. This represents a 9.52% decrease in earnings and a 4.15% decrease in sales compared to the same period last year.
August 10, 2023 | 10:01 am
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YETI Holdings reported better than expected Q2 earnings but missed on sales. This mixed report could lead to uncertainty in the stock's short-term performance.
YETI Holdings' Q2 report showed a beat on earnings but a miss on sales. While the earnings beat is positive, the sales miss could indicate potential issues with demand or operational efficiency. This mixed report could lead to uncertainty in the stock's short-term performance.
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