Yeti stock gains after earnings beat, raised full-year outlook amid strength in drinkware sales

Shares of Yeti Holdings Inc.

gained 0.9% in premarket trading Thursday, after the drinkware, coolers and outdoor products maker beat third-quarter earnings expectations and nudged up its full-year outlook, helped by a bump up in gross margin. Net income slipped to $42.7 million, or 49 cents a share, from $45.5 million, or 52 cents a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of 60 cents beat the FactSet consensus of 55 cents. Sales were essentially flat at $433.

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Expeditors International’s stock sinks after earnings, revenue miss expectations as freight shipping demand, rates remain softTomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter TomiKilgore.
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Fisker’s stock falls toward a record low after earnings release delayed by about a weekTomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter TomiKilgore.
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