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Success Comes From The Chances You Take...YETI For Example

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Every stock we publish is close to our heart. We sift through so much of unwanted data to uncover that 'gem' we present to you. Most of the time, we are happy with the performance. But, sometimes it is heart-rending to see a stock turn negative. Yet, we continue to toil to find the holy grail of performance, which means 100% positive stocks. It may sound a little too ambitious, even far-fetched. But, that's the goal we strive for.

So, the January performance actually seemed incredible. The premium services team checked again and again to see, if we had missed anything. Guess what we found...
In the month of January, we published a total of 18 stocks under 'Short-Term Investor'. All stocks were positive with 17 double-digit gainers and 1 single-digit gainer.

Skeptical? Check our Complete Performance for January stocks and see for yourself...

We published YETI on Jan 14, at an opening price of $18.58. The stock touched a 52-week intra-day high of $36.6 on April 30, returning a gain of 97% from our published price.

YETI Short-Term Investor: Jan. 14 - 1/14/2019 2:36 AM ET

Why we published YETI?

YETI Holdings Inc. (YETI) comes on our radar, after announcing strong preliminary Q4, FY18 sales, and updating FY18 earnings guidance.

YETI Holdings' preliminary Q4 net sales increased 19% to $241.2 million. Net sales in the direct-to-consumer or DTC channel rose 45% to $110.5 million, and net sales for the wholesale channel improved 4% to $130.7 million. Drinkware net sales increased 24% to $143.5 million, and Coolers & Equipment net sales grew 10% to $91.2 million. Nine Wall Street analysts have a consensus sales estimate of $226.45 million for the quarter.

Preliminary fiscal 2018 net sales increased 22% to $778.8 million. Net sales in the DTC channel increased 48% to $287.4 million, and net sales for the wholesale channel rose 10% to $491.4 million. Drinkware net sales grew 37% to $424.2 million, and Coolers & Equipment net sales increased 6% to $331.2 million. Analysts expect sales of $764.46 million for 2018.

The company also updated its fiscal 2018 earnings forecast. Currently, YETI sees FY18 earnings in the range of $0.67 - $0.69 per share versus the prior outlook range of $0.60 - $0.64 per share. Also, the company now expects fiscal 2018 adjusted earnings in the range of $0.88 - $0.90 per share compared to the previously communicated guidance range of $0.79 - $0.82 per share.

Analysts polled by Thomson Reuters expect earnings of $0.81 per share for fiscal 2018. Analysts' estimate typically exclude certain special items.

Matt Reintjes, President and Chief Executive Officer of YETI Holdings, said, "We delivered outstanding performance in all aspects of our business during the fourth quarter and fiscal year 2018. Sales and operating margin soundly exceeded our expectations and as a result, we are raising our fiscal 2018 outlook. We are excited about the strong growth across categories and geographies and the multiple opportunities that lie ahead, which include accelerating brand awareness, delivering product innovation, driving our direct-to-consumer business and expanding our presence globally. We believe these initiatives combined with our operational excellence will continue to deliver strong and consistently profitable growth."

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