Yeti Hit by Inventory Buildup Ahead of Tariffs, DTC Slowdown
This article is for subscribers only.
Yeti Holdings Inc. has soared since going public in October, but the stock hit a bump Thursday as concerns related to the company’s direct-to-consumer sales growth and elevated inventory outweighed strong-second quarter results and increased guidance.
Shares fell as much as 8.6% before paring losses, and the stock is on track to close lower for a third consecutive session.