secwatch.observer — SEC 8-K summary
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Issuer:     YETI Holdings, Inc. (YETI)
CIK:        0001670592
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0001670592-24-000033
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

YETI Q2 net sales +15% to $463.5M, adj EPS $0.80 +34%; raises FY2024 guidance
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- GAAP net income $56.2M ($0.64 EPS) vs $0.52 YoY; adjusted net income $70.9M ($0.80 adj EPS), up 34% YoY.
- Net sales $463.5M (+15% YoY); adjusted net sales $445.4M (+9% YoY), excluding non-cash trademark impairment reversal.
- Raises FY2024 outlook: net sales $1.770-1.790B (prior $1.735-1.760B); adj EPS $2.51-2.57 (prior $2.33-2.41).
- International sales grew 20% to $74M; Americas wholesale and DTC increased 11% combined.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1670592/000167059224000033/0001670592-24-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1670592/000167059224000033/yeti-20240808.htm
  HTML page:      https://secwatch.observer/filing/0001670592-24-000033

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer