YETI Holdings Q1 net sales up 13% to $341.4M, exceeding expectations, raising full-year earnings outlook.

YETI Holdings Inc. reported a 13% increase in Q1 net sales to $341.4 million, exceeding expectations. Net profit grew to $15.86 million, and adjusted EPS reached $0.34. YETI raised its full-year earnings outlook and expects strong performance in Coolers & Equipment category with new innovations and expanded color options. Shares increased by over 12% in pre-market trading.