YETI Holdings, Inc. Aktie News

Contrarian investing has many risks. Despite this, some investors love to pick up stocks at 52-week lows.

If you're wondering what stocks to buy this month, look no further. Every investor wants their stock picks to double in price.

YETI Holdings, Inc. (NYSE:YETI ) Q1 2024 Earnings Conference Call May 9, 2024 8:00 AM ET Company Participants Thomas Shaw - Vice President of Investor Relations Matthew Reintjes - President & Chief Executive Officer Michael McMullen - Senior Vice President, Chief Financial Officer & Treasurer Conference Call Participants Randy Konik - Jefferies Anna Glaessgen - B. Riley Peter Benedict - Robert W.

To start 2024, Yeti experienced growth in all areas of its business while its profit margins improved. Management boosted certain aspects of its full-year guidance because it's quickly buying back stock.

Shares of Yeti Holdings Inc. YETI, -2.11% shot up 9.2% in premarket trading Thursday, toward their biggest gain in nine months, after the drinkware and outdoor products maker beat first-quarter earnings expectations, amid strength in coolers and international sales. Net income rose to $15.9 million, or 18 cents a share, from $10.6 million, or 12 cents a share, in the same period a year ago.

AUSTIN, Texas--(BUSINESS WIRE)--YETI Holdings, Inc. (“YETI”) (NYSE: YETI) today announced that it plans to report its first quarter fiscal year 2024 financial results on Thursday, May 9, 2024, before the market opens. YETI will host a conference call at 8:00 a.m. ET to discuss its financial results. Investors and analysts who wish to participate in the call are invited to dial 833-816-1399 (int...

YETI's stock is down over 25% YTD, but international growth and new acquisitions are positives for the company. YETI has acquired Mystery Ranch and Butter Pat Industries, expanding into the premium cookware and backpack markets. The company authorized a $300 million share repurchase program during the quarter.

Identifying growth stocks to buy at this time, especially at their 52-week lows, can be challenging. With the market trending upward, current optimism suggests fewer stocks near their lows.