Stock of the Day

August 8, 2022

YETI (YETI)

$41.02
-$0.55 (-1.3%)
Market Cap: $3.03B

About YETI

YETI Holdings, Inc. designs, retails, and distributes products for the outdoor and recreation market under the YETI brand. It offers coolers and equipment, including hard and soft coolers, cargo, bags, outdoor living, and associated accessories, as well as backpacks, duffel bags, luggage, packing cubes, carryalls, camp chairs, blankets, dog beds, dog bowls, and gear cases under the LoadOut, Panga, Crossroads, Camino, Hondo Base, Trailhead, Lowlands, Boomer, and SideKick Dry brands. The company also provides drinkware products, such as colsters, lowballs, wine tumblers, stackable pints, mugs, tumblers, straw mugs and cups, bottles, jugs, and water bottles, as well as accessories comprising bottle straw and chug caps, lids, straw lids, color packs, tumbler handles, and jug mounts under the Rambler brand. In addition, it offers apparel and gear products, such as hats, shirts, bottle openers, and ice substitutes. The company sells its products through independent retailers, including outdoor specialty, hardware, sporting goods, and farm and ranch supply stores, as well as through its Website, YETI.com. It operates in the United States, Canada, Australia, New Zealand, Europe, Hong Kong, China, Singapore, and Japan. YETI Holdings, Inc. was founded in 2006 and is headquartered in Austin, Texas.

Today's Trend

YETI Holdings, Inc. (NYSE: YETI) is receiving favorable consumer and lifestyle coverage as it launches new products ahead of the college-football season. The news may be providing modest positive sentiment, but the articles do not include revenue forecasts, pricing details, or evidence of a material change to earnings expectations.

Overall, the college-team launch is a constructive brand and demand catalyst, but it appears incremental rather than an earnings-changing development. With shares trading below their 50-day and 200-day moving averages, investors may remain focused on whether seasonal product momentum translates into stronger sales and the company’s fiscal 2026 EPS guidance.

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