YETI Holdings, Inc. (YETI) reported a profit for its second quarter that increased from last year and beat the Street estimates.
The company's earnings totaled $50.40 million, or $0.59 per share. This compares with $38.07 million, or $0.44 per share, in last year's second quarter.
Excluding items, YETI Holdings, Inc. reported adjusted earnings of $59.61 million or $0.70 per share for the period.
Analysts on average had expected the company to earn $0.64 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 15.1% to $463.50 million from $402.56 million last year.
YETI Holdings, Inc. earnings at a glance (GAAP) :
-Earnings (Q2): $50.40 Mln. vs. $38.07 Mln. last year.
-EPS (Q2): $0.59 vs. $0.44 last year.
-Revenue (Q2): $463.50 Mln vs. $402.56 Mln last year.
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