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YETI Holdings' Fiscal Q2 Adjusted Earnings, Revenue Rise; Raises Fiscal 2024 Adjusted Earnings Forecast
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YETI Holdings' Fiscal Q2 Adjusted Earnings, Revenue Rise; Raises Fiscal 2024 Adjusted Earnings Forecast
Aug 8, 2024 5:58 AM

08:37 AM EDT, 08/08/2024 (MT Newswires) -- YETI Holdings ( YETI ) reported fiscal Q2 adjusted earnings Thursday of $0.70 per diluted share, up from $0.57 a year earlier.

Analysts polled by Capital IQ expected $0.63.

Revenue for the quarter ended June 29 was $463.5 million, up from $402.6 million a year earlier.

Analysts surveyed by Capital IQ expected $452.4 million.

The company said it has raised fiscal 2024 adjusted diluted earnings forecast to $2.61 and $2.65 per share from $2.49 and $2.62 per share. Analysts surveyed by Capital IQ expect $2.58.

Shares of the company were up 7.7% in recent Thursday premarket activity.

Price: 39.88, Change: +2.85, Percent Change: +7.70

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