stocksbrew

Why Is YETI Stock Down Today?

as of 9:55 AM ET

The reason we found

YETI slides after revenue miss and outlook cuts

YETI beat quarterly earnings expectations, but revenue fell short and management reduced its full-year sales and adjusted EPS forecasts. The weaker outlook, attributed partly to uneven demand in the U.S. and Canada, likely outweighed the earnings beat and explains the sharp decline.

earnings and guidancehigh confidence

Sources 6

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Market opens Friday, Nov 13 at 9:30 AM ET