How much money would you have made on YETI Holdings Inc?

Summary

YETI is a lifestyle brand that designs and sells products for outdoor enthusiasts, including coolers, drinkware, and outdoor gear. The company was founded in 2006 by two brothers, Roy and Ryan Seiders, who were frustrated by the lack of durable and reliable coolers on the market. They set out to create a better cooler, and YETI was born.

YETI initially gained popularity among hunters and anglers, but it has since expanded its customer base to include a wider range of outdoor enthusiasts, including campers, hikers, and beachgoers. The company's products are known for their durability and high quality, and they are often considered a premium brand in the outdoor industry.

In addition to coolers, YETI offers a range of drinkware products, including tumblers, mugs, and water bottles. The company also sells a variety of outdoor gear, including backpacks, bags, and camp chairs.

In the latest quarterly results, YETI reported strong sales growth, driven by increased demand for outdoor products during the COVID-19 pandemic. The company's net sales increased by 26% year-over-year, and it reported a net income of $84.9 million. YETI's e-commerce sales also saw significant growth, increasing by 69% year-over-year.

Overall, YETI has established itself as a leading brand in the outdoor industry, with a reputation for high-quality products and a strong following among outdoor enthusiasts. The company's latest market offerings include a wide range of coolers, drinkware, and outdoor gear, and it continues to see strong sales growth as demand for outdoor products remains strong.

Background

YETI Holdings Inc, located at 7601 southwest parkway, austin, tx, us specializes in the sporting & athletic goods, nec industry. It is currently listed on the exchange NYSE in the country USA.

The company's last annual earnings report on 2022-09-30 showed that it had reached a market capitalization of 3,787,154,000 dollars.

If someone had invested $100 in YETI Holdings Inc 10 years ago, their investment would be worth roughly $166.12 today, according to If You Had Invested

If you had invested...

The stock price is a reflection of the company's performance, market value and for YETI, its stock has been doing great. If you had invested $1,000 in YETI Holdings Inc 1 year ago and held onto your investment until today , here's what would have happened:

Your investment would now be worth roughly $1170.81 today.

Financials

If you are looking for a company with a high dividend yield then avoid YETI Holdings Inc because it does not pay a dividend.

In terms of growth YETI Holdings Inc has had a turn for the worst with a Quarterly Earnings growth rate of -0.133. At the same time revenue growth has been to the moon with a rate of 0.196.

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As YETI Holdings Inc continues on its journey to become a 568,073,100,0.0 dollar company, there is no doubt that the stock will continue to rise. You should watch out for any major announcements about their products or recent earnings. If you wish to invest in the stock market but are not sure where to start, start by signing up on Robinhood

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