YETI HOLDINGS Reports Fourth Quarter 2022 Earnings Results on February 23, 2023
March 28, 2023
Earnings Overview
YETI HOLDINGS ($BER:1YN) reported their fourth quarter earnings results for the fiscal year ending December 31, 2022 on February 23, 2023. Net income for the quarter saw an increase of 1.1%, coming in at USD 448.0 million year over year.
Market Price
The company’s stock opened at €38.6 and closed at €37.0, indicating a 1.0% decrease from the previous closing price of €37.3. In addition to the financial success, YETI HOLDINGS was able to make a significant impact on their community initiatives and sustainability goals during the quarter. The company’s ability to reach their financial goals while also remaining socially responsible has continued to make YETI HOLDINGS one of the most sought-after investments in the industry. Despite the slight decrease in stock price, investors remain optimistic for the future of YETI HOLDINGS and are looking forward to the company’s upcoming earnings reports. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Yeti Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 1.6k | 89.69 | 5.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Yeti Holdings. More…
| Operations | Investing | Financing |
| 100.89 | -56.91 | -122.63 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Yeti Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.08k | 550.29 | 6.09 |
Key Ratios Snapshot
Some of the financial key ratios for Yeti Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 20.4% | 12.1% | 7.6% |
| FCF Margin | ROE | ROA |
| 2.8% | 14.0% | 7.0% |
Analysis
At GoodWhale, we have conducted a comprehensive analysis of YETI HOLDINGS to determine its risk rating. After a thorough evaluation of the company’s financial and business aspects, we have determined that YETI HOLDINGS is a medium risk investment. While we do not necessarily recommend any particular investment decision, we do provide users with a comprehensive risk report. In our risk report, we have identified two potential warning signs in both the income and balance sheets of YETI HOLDINGS. In order to gain access to this information, users must register and become a GoodWhale member. Once you become a member, you will be able to view the full risk report and make an informed decision about your investment. More…
Summary
Investors may be disappointed by YETI HOLDINGS‘ Q4 2022 earnings, which saw a substantial decline of 138.1% in total revenue compared to the same period last year. However, the company managed to remain profitable with a 1.1% increase in net income year over year. It is important for investors to analyze the company’s performance in order to determine whether this decline is an anomaly or part of a larger trend. Further assessment may reveal potential risks and opportunities for investors looking to invest in YETI HOLDINGS.
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