3 Encouraging Signs for Yeti's Staying Power
Yeti Holdings (NYSE: YETI) turned in another impressive quarter recently. Year-over-year sales growth accelerated to 45%, up from 42% in the first quarter, with rising demand for the company's outdoor gear, including coolers, bags, and other accessories.
Some investors might be hesitant to jump on the Yeti bandwagon since the company wasn't growing anywhere near this pace before the pandemic, and shares have gained nearly 500% since March 2020. While the easing of pandemic restrictions no doubt contributed to the company's accelerating results, there are three signs Yeti is cornering a lucrative niche in the marketplace.
Source Fool.com
