Can Yeti Deliver Another Blowout Year? Ryan Henderson
In 2020,
Yeti Holdings (NYSE: YETI) stock jumped more than 100% as the premium lifestyle brand successfully adapted to changes in consumers shopping habits. But that success doesn t look like it s stopping any time soon. Here are three reasons Yeti looks poised for an even better 2021. © Getty Images Grand Teton Mountains during sunrise
1. Fast growth
As lockdowns remained in place throughout the summer, Yeti customers all over spent more time outdoors and switched to an online-first shopping approach. Driven by strong demand for its two leading revenue drivers drinkware and coolers & equipment Yeti wrapped up its most recent quarter with 29% year-over-year growth in total sales.
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