Austin-based Yeti delivered a strong first quarter
Yeti reported net income of $30.5 million for the quarter that ended April 3. On a per-share basis, the company said it had net income of 35 cents. Earnings, adjusted for one-time gains and costs, came to 38 cents per share. The results surpassed Street forecasts — the average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share. Revenue increased 42% to $247.6 million, compared to $174.4 million during the same period last year. Those results also exceeded Street expectations, as seven analysts surveyed by Zacks expected $221.8 million. ...
Source: statesman.com