YETI shares are trading higher after the company reported better-than-expected Q2 adjusted EPS results and raised FY23 adjusted EPS and sales growth guidance.
Portfolio Pulse from Benzinga Newsdesk
YETI Holdings Inc. reported better-than-expected Q2 adjusted EPS results and raised its FY23 adjusted EPS and sales growth guidance, leading to a rise in its share prices.
August 10, 2023 | 12:39 pm
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POSITIVE IMPACT
YETI's better-than-expected Q2 results and raised FY23 guidance have led to an increase in its share prices.
YETI's Q2 results exceeded expectations, which is a positive signal for investors. Additionally, the company raised its FY23 guidance, indicating confidence in its future performance. These factors have led to an increase in its share prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100