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Compared to Estimates, Yeti (YETI) Q2 Earnings: A Look at Key Metrics

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Yeti (YETI - Free Report) reported $463.5 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 15.1%. EPS of $0.70 for the same period compares to $0.57 a year ago.

The reported revenue represents a surprise of +1.49% over the Zacks Consensus Estimate of $456.69 million. With the consensus EPS estimate being $0.64, the EPS surprise was +9.38%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Yeti performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Geographic Revenues- United States

    : $386.89 million compared to the $384.35 million average estimate based on three analysts. The reported number represents a change of +11.9% year over year.
  • Geographic Revenues- International

    : $76.61 million versus $74.29 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +35.2% change.
  • Net Sales by Category- Coolers & Equipment

    : $205.94 million versus $193.63 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +31.5% change.
  • Net Sales by Category- Drinkware

    : $246.52 million versus the five-analyst average estimate of $252.21 million. The reported number represents a year-over-year change of +5.6%.
  • Net Sales by Category- Other

    : $11.03 million versus $13.82 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -12% change.
  • Net Sales by Channel- Wholesale

    : $213.13 million versus $205.99 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +21% change.
  • Net Sales by Channel- Direct-to-consumer

    : $250.37 million compared to the $252.14 million average estimate based on four analysts. The reported number represents a change of +10.6% year over year.
View all Key Company Metrics for Yeti here>>>

Shares of Yeti have returned -1% over the past month versus the Zacks S&P 500 composite's -6.5% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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