YETI Holdings, Inc. (YETI) announced a profit for its first quarter that increased from the same period last year and beat the Street estimates.
The company's earnings came in at $16.60 million, or $0.20 per share. This compares with $15.85 million, or $0.18 per share, last year.
Excluding items, YETI Holdings, Inc. reported adjusted earnings of $25.76 million or $0.31 per share for the period.
Analysts on average had expected the company to earn $0.27 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 2.9% to $351.12 million from $341.39 million last year.
YETI Holdings, Inc. earnings at a glance (GAAP) :
-Earnings: $16.60 Mln. vs. $15.85 Mln. last year.
-EPS: $0.20 vs. $0.18 last year.
-Revenue: $351.12 Mln vs. $341.39 Mln last year.
-Guidance:
Full year EPS guidance: $1.96 - $2.02
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