Yeti Holdings Inc., based in Austin, Texas, reported second-quarter earnings of $71.3 million. The company’s net income per share was 94 cents, with adjusted earnings of 67 cents per share. These results exceeded Wall Street expectations, with the average estimate of nine analysts surveyed by Zacks Investment Research being 55 cents per share.
Yeti’s revenue for the period was $483.9 million, also beating Street forecasts. The company expects full-year revenue to be in the range of $2.9 billion to $3 billion.
Original reporting: Alexandria, VA News – WTOP News — read the source article.