YETI's Fiscal Q3 Adjusted Net Income Falls, Revenue Rises; Fiscal 2025 Guidance Raised

MT Newswires Live11-06

YETI (YETI) reported fiscal Q3 adjusted net income Thursday of $0.61 per diluted share, down from $0.71 a year earlier.

Analysts polled by FactSet expected $0.58.

Revenue for the quarter ended Sept. 27 was $487.8 million, up from $478.4 million a year earlier.

Analysts surveyed by FactSet expected $480.3 million.

The company increased its fiscal 2025 adjusted diluted EPS guidance to $2.38 to $2.49, from $2.34 and $2.48 previously. Analysts surveyed by FactSet expect $2.42.

YETI also increased its fiscal 2025 adjusted sales growth guidance to 1% to 2%, from flat to up 2% previously. Analysts polled by FactSet expect $1.85 billion.

YETI shares were 3.4% higher in premarket trading.

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