Company name:

YETI Holdings Inc

  • IPO SHARE PRICE:
    $18.00
  • IPO DATE:
    October 25, 2018
  • TICKER:
    YETI
  • MAIN STOCK EXCHANGE:
    NYSE
  • CURRENT HQ LOCATION:
    7601 Southwest Parkway Austin Texas 78735
  • FISCAL YEAR END:
    December 28
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

YETI Holdings Inc

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Income Statement

Quarterly Annual
(USD in thousand)
Selected Year:
28-Dec
2019
Revenue
Gross receipts in the form of cash (great!) and promises to pay (Account Receivables - not so great as some of them will never be collected but reality of business!) from all its customers
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Total Revenue
45,679
45,679
 639,239 778,833 778,833 913,734 1,013,555 1,178,412
Selected Year:
28-Dec
2019
Operating expenses
Cost (labor, materials, depreciation, overhead, etc) for delivering service or manufacturing a product that business sells
90.2%
48.0% —

Cost of goods sold

42.2% —

Selling general and administrative
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Cost of goods sold
45,679
45,679
 344,638 395,705 395,705 438,420 447,262 482,508
Gross profit
45,679
45,679
 294,601 383,128 383,128 475,314 566,293 695,904
Selling general and administrative
45,679
45,679
 230,634 280,972 280,972 385,543 421,504 415,456
Total operating expenses
45,679
45,679
 $575,272 $676,677 $676,677 $823,963 $868,766 $897,964
Selected Year:
28-Dec
2019
Operating Income
Income after excluding Operating Expenses from Total Revenue
9.8%
9.8% —

Operating Income

Key metric that shows earnings potential of the company's business model
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Operating income
$45,679
$45,679
 $63,967 $102,156 $102,156 $89,771 $144,789 $280,448
Selected Year:
28-Dec
2019
Non-operating expenses
Cost usually unrelated to delivering service or manufacturing a product that business sells
0.1%
0.1% —

Other expense or income
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Other expense or income
45,679
45,679
 699 (1,261) (1,261) (734) (938) -
Total non-operating income (expense)
45,679
45,679
 699 (1,261) (1,261) (734) (938) -
Selected Year:
28-Dec
2019
Earnings before Interest and Taxes (EBIT)
Income after excluding Operating and Non-operating Expenses from Total Revenue
9.7%
9.7% —

EBIT

Another income metric but unlike Operating Income it is closer to the ultimate income metric - Net Income by removing expenses that are not related to earning Revenue as they are supposed to be accidental and transitory
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
EBIT
$45,679
$45,679
 $64,666 $100,895 $100,895 $89,037 $143,851 $280,448
Selected Year:
28-Dec
2019
Interest Expense and Income, Taxes
Expenses driven mostly by company management's choices, nature of business (capital intensive vs not) about financing (debt vs equity) and legal structure
4.2%
1.8% —

Income tax expense or benefit

2.4% —

Interest expense
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Interest expense
45,679
45,679
 (32,607) (31,280) (31,280) (21,779) (12,428) (7,852)
Income before income taxes
45,679
45,679
 32,059 69,615 69,615 67,258 130,799 272,268
Income tax expense or benefit TEST - ODD
45,679
45,679
 (16,658) (11,852) (11,852) (16,824) (32,650) (66,488)
Selected Year:
28-Dec
2019
Net income (loss)
Ultimate measure of Income - Net result after excluding all expenses from Total Revenue
5.5%
5.5% —

Net income (loss)

It is a residue that is left from Total Revenue after paying all kind of expenses and belongs to all equity holders in the company. Some of these shareholders such Non-controlling interest or Preferred equity gets their share before Common shareholders
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
$45,679
$45,679
 $15,401 $57,763 $57,763 $50,434 $98,149 $205,780
Net income (loss) attributable to non-controlling interests Net income (loss) attributable to non-controlling interests
45,679
-
 - - - - - -
Net income (loss) attributable to Company
45,679
-
 15,401 - 57,763 - - -

Basic Shares Outstanding
Basic shares outstanding as of certain dates reported by Company on its annual and quarterly filings, these numbers are NOT used calculation of basic EPS. They help to see share issuance by company in perspective
Common
-
-
 - - 84,196,079 86,786,443 87,082,276 87,082,276
Selected Year:
28-Dec
2019
EPS
Net Income / Shares Outstanding = EPS before dilution or Basic EPS; Net Income/ ( Shares Outstanding + potentially available shares from conversion of various option instruments)
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net Income per basic share
$45,678,795.00
$45,678,795.00
 $0.19 $0.71 $0.71 $0.59 $1.13 $2.36
Net Income per diluted share
$45,678,795.00
$45,678,795.00
 $0.19 $0.69 $0.69 $0.58 $1.11 $2.32