Yeti boomed on a closed economy, but faces steep competition in a re-opening one
Yeti topped the charts in 2020, hitting record sales as it benefited from a limited economy due to Covid-19 shutdowns.
A take on business from Times Square
Sponsored by NYC News Service and CUNY Newmark J-School
Reporter
Yeti topped the charts in 2020, hitting record sales as it benefited from a limited economy due to Covid-19 shutdowns.
Yeti Holdings Inc.
Yeti is doing well, too well, after running up strong performance the first half of the year as a pandemic stock. Now it’s overpriced.
The bad economy caused by COVID-19 has many Americans wondering if they’ll ever retire, but for a growing number of people the pandemic inspired a goal to retire by their 40s or 30s.
Outdoor-brand YETI hopes to head off Q4 seasonal slowing and stock selloff at the pass by expanding brand awareness and online sales. Yeti Holdings Inc.
Bank stocks have not joined the market in recovering from the March selloff, continually punished by the Fed’s easing of interest rates and other concerns about shrunken earnings.
About the Journal
The Times Square Investment Journal covers companies, markets and personal finance from a newsroom in the heart of Manhattan. The Journal is sponsored by the NYC News Service and the Craig Newmark Graduate School of Journalism at CUNY.
Send comments and story tips to the editor.
greg.david@journalism.cuny.edu