06:26 AM EDT, 05/09/2024 (MT Newswires) -- YETI Holdings ( YETI ) reported fiscal Q1 adjusted earnings Thursday of $0.34 per diluted share, up from $0.18 a year earlier.

Analysts polled by Capital IQ expected $0.24.

Revenue for the quarter ended March 30 was $341.4 million, up from $302.8 million a year earlier.

Analysts surveyed by Capital IQ expected $333.3 million.

The company raised its fiscal 2024 adjusted earnings guidance to $2.49 to $2.62 per diluted share, from $2.45 to $2.50. Analysts polled by Capital IQ expect $2.49.

The company's shares were up more than 9% in recent Thursday premarket activity.

Price: 38.00, Change: +3.19, Percent Change: +9.16