YETI Reports Fourth Quarter and Fiscal Year 2023 Results
YETI Holdings, Inc. (“YETI”) (NYSE: YETI) today announced its financial results for the fourth quarter and fiscal year ended December 30, 2023.
- YETI Holdings, Inc. (“YETI”) (NYSE: YETI) today announced its financial results for the fourth quarter and fiscal year ended December 30, 2023.
- The recall reserves favorably impacted sales by $2.8 million in the fourth quarter of 2023 and unfavorably impacted sales by $38.4 million in the prior year quarter.
- Sales and adjusted sales for the fourth quarter of 2023 include $6.5 million of sales related to gift card redemptions in connection with recall remedies.
- The recall reserves favorably impacted gross profit by $4.1 million in the fourth quarter of 2023 and unfavorably impacted gross profit by $97.0 million in the prior year quarter.