The company earned 33 cents a share after adjustments, far better than the 30 cents that Wall Street expected.
Revenue rose 12% to $231.7 million in the three months through June, up from $206.3 million in the same period a year ago. That was significantly better than the $226.2 million revenue that analysts were expecting.
"We made meaningful progress across our growth strategies during the period including the integration of our e-commerce platforms, the opening of our second retail store in Charleston, and the successful launch of a new category with the LoadOut GoBox," said CEO Matt Reintjes.
Yeti increased its earnings outlook for the full year to between $1.07 and $1.09 a share, up from a previous range of $1.02 to $1.06. That puts the new outlook ahead of current analysts' expectations that call for full-year earnings of $1.05.
The stock was down 2.7% to $33.82 in trading Thursday.
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