Yeti Hit by Inventory Buildup Ahead of Tariffs, DTC Slowdown

Rambler mugs and thermoses sit on display for sale at the Yeti Holdings Inc. flagship store in Austin, Texas, U.S., on Wednesday, Sept. 12, 2018.Photographer: Sergio Flores/Bloomberg
Lock
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 guidanceBloomberg Terminal.

Shares fell as much as 8.6% before paring losses, and the stock is on track to close lower for a third consecutive session.