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Yeti Holdings Inc.’s inventory tumbled 11% early Thursday, after the maker of drinkware, coolers and out of doors merchandise missed revenue and gross sales estimates for the fourth quarter and provided tender steerage for 2024.
Austin, Texas-based Yeti YETI posted web earnings of $78.6 million, or 90 cents a share, for the quarter, after a lack of $27.7 million, or 32 cents a share, within the year-earlier interval. Adjusted per-share earnings additionally got here to 90 cents, under the 96-cent FactSet consensus.
Gross sales…
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