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Why Yeti Stock Crashed Today

TheMotleyFool

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Shares of cooler company Yeti (NYSE: YETI) tumbled to close Thursday down 10.4% after the company reported mixed earnings this morning.

Heading into the report, analysts forecast Yeti would earn $0.54 per share on sales of $462.8 million. Yeti beat the earnings estimate with a $0.66-per-share adjusted profit, but missed on sales, reporting only 445.9 million.

Image source: Getty Images.

Source Fool.com

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