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2 Encouraging Signs for Yeti Investors

2 Encouraging Signs for Yeti Investors

Shares of outdoor goods retailer Yeti (NYSE: YETI) finally received some love from Wall Street earlier this month. Why are investors more optimistic about Yeti stock today than they were last month? The results, which also exceeded management's own expectations for the quarter, were driven by "balanced sell-in and sell-through at wholesale, solid customer retention and new customer acquisition growth in our direct channel, and a strong contribution from our international expansion," said Yeti CEO Matt Reintjes in the company's third-quarter earnings release.