Yeti Surprises With Bigger, More Profitable Sales
Yeti (NYSE: YETI) beat expectations for sales and earnings during what was supposed to be the slowest quarter of 2019, and the cooler maker also raised its full-year guidance. But investors still sold off its shares on what analysts are attributing to profit taking after the stock more than doubled this year.
Despite the pullback in its shares, Yeti's business still looks sound and primed for growth.
Image source: Yeti.
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