Yeti Holdings Stock Intrinsic Value – YETI HOLDINGS Reports Second Quarter Earnings Results for FY2023

August 28, 2023

🌥️Earnings Overview

On August 10 2023, YETI HOLDINGS ($NYSE:YETI) announced their earnings results for the second quarter of FY2023, ending on June 30 2023. Total revenue for the quarter was USD 402.6 million, a 4.2% decrease from the same period in FY2022. Net income reported amounted to USD 38.1 million, down 17.7% from the preceding year.

Stock Price

YETI HOLDINGS, a leading manufacturer of outdoor lifestyle products, reported its second quarter earnings results on Thursday. The company’s stock opened at $45.5 and closed at $46.4, soar by 17.3% from prior closing price of 39.6. The strong results were driven by robust growth in sales across its consumer categories such as beverage and food products as well as its direct-to-consumer business. This marked the second consecutive quarter of double-digit percentage growth in the company’s sales.

The impressive financial performance for YETI HOLDINGS for the second quarter has solidified its position as a leader in the outdoor lifestyle product market. Investors are optimistic that the company’s performance will continue to show strength and will continue to drive strong returns in the upcoming quarters. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Yeti Holdings. More…

    Total Revenues Net Income Net Margin
    1.59k 66.42 4.2%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Yeti Holdings. More…

    Operations Investing Financing
    204.24 -57 -18.8
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • 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
    1.09k 498.23 6.77
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • 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
    18.7% -6.0% 5.7%
    FCF Margin ROE ROA
    9.3% 10.0% 5.2%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis – Yeti Holdings Stock Intrinsic Value

    At GoodWhale, our team conducted an analysis of YETI HOLDINGS‘ financials. Our proprietary Valuation Line has calculated the intrinsic value of YETI HOLDINGS’ share to be around $70.1. Interestingly, the company’s stock is currently trading at $46.4, which means that YETI HOLDINGS stock is undervalued by 33.8%. This presents an opportunity to invest in the company at a discount and could bring potential returns to investors. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis

  • Peers

    In recent years, the competition between YETI Holdings Inc and its competitors has intensified, as each company strives to gain market share in the highly competitive cooler and drinkware industry. While YETI has long been the market leader, its competitors are quickly catching up, offering products that are comparable in quality and price. As the competition heats up, it will be interesting to see which company comes out on top.

    – Tandem Group PLC ($LSE:TND)

    Tandem Group PLC is a holding company that engages in the design, manufacture, and distribution of bicycles and bicycle related products. The company operates through the following segments: Bicycles, Components, and Others. The Bicycles segment designs, manufactures, and sells complete bicycles, electric bicycles, and folding bicycles. The Components segment manufactures and sells bicycle components and wheels. The Others segment includes the group’s online retailing business. Tandem Group was founded by Frank Bowden in 1885 and is headquartered in Coventry, the United Kingdom.

    – Bonny Worldwide Ltd ($TWSE:8467)

    Bonny Worldwide Ltd is a publicly traded company with a market capitalization of 2.57 billion as of 2022. The company has a return on equity of 16.57%. Bonny Worldwide Ltd is engaged in the business of providing offshore oil and gas services. The company has a fleet of offshore support vessels that it uses to provide services to the oil and gas industry.

    – Bollinger Industries Inc ($OTCPK:BOLL)

    Bollinger Industries Inc is a publicly traded company with a market capitalization of 262.12k. The company manufactures and sells a variety of products, including electric vehicles, towing products, and other related accessories. Bollinger Industries was founded in 1984 and is headquartered in New York, New York.


    Investors may be interested in YETI HOLDINGS following its second quarter earnings report for FY2023. Revenue for the quarter came in at USD 402.6 million, a 4.2% decrease from the same quarter the previous year. Net income was reported at USD 38.1 million, a 17.7% decrease from the corresponding period the prior year.

    The stock price rose the same day, potentially indicating some investors’ optimism about the company’s future prospects. Looking ahead, potential investors should look closely at the company’s financial results going forward to assess if the stock is a good investment opportunity.

    Recent Posts

    Leave a Comment