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Article Date: January 2019
Word Count: 166

Yeti Raises Outlook after Stellar Final Quarter


Sales in the fourth quarter increased 19% to $241.2 million driven by a 45% jump in direct-to-consumer sales to $110.5 million, while the wholesale channel increased 4% to $130.7 million, and margins were better than expected, YETI said in a release. Drinkware sales gained 24% to $143.5 million in Q4, and Coolers & Equipment sales increased 10% to $91.2 million. For the full year, sales increased 22% to $778.8 million, handily exceeding its guidance for 19% to 20% top line growth. The DTC ... Log in to view full article.

 


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