Shares of YETI Holdings Inc. (NYSE: YETI) jumped Thursday after the company delivered a first-quarter earnings beat and raised its full-year outlook, giving investors renewed confidence after a rocky few months for the stock.
The outdoor and lifestyle products company has had a strong run over the last year, with shares climbing over 25%. However, after hitting a 52-week high in January, the stock pulled back sharply. Over the last three months, shares are down 15%. Following the latest earnings report, though, sentiment appears to be shifting again.
