YETI Reports Fourth Quarter and Fiscal Year 2023 Results
Fourth Quarter 2023 Highlights *Fourth quarter net sales increased 16%; Adjusted net sales increased 6% *Fourth quarter net sales were highlighted by a 12% increase in Drinkware net sales and a 44% increase in International net sales; International adjusted net sales increased 39% *Fourth quarter EPS of $0.90 compared to loss per share of $0.32 in the prior year quarter; Adjusted EPS of $0.90, growth of 15%. Fiscal Year 2023 Highlights *Full year net sales increased 4%; Adjusted net sales increased 3% *Full year EPS increased 88% to $1.94; Adjusted EPS decreased 5% to $2.25 *Cash increased 87% to $439 million compared to Fiscal 2022