2024-04-10 13:14:07 ET
Summary
- 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.
After missing their Q4 2023 earnings as well as providing cautious guidance for 2024, Yeti's stock is down nearly 25% YTD and is down roughly 20% since my article a few months ago....
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For further details see:
YETI: Growth Through M&A