Leisure Products Stocks Q2 Earnings: YETI (NYSE:YETI) Best of the Bunch [Yahoo! Finance]
Solo Brands, Inc. (DTC)
Company Research
Source: Yahoo! Finance
Leisure products cover a wide range of goods in the consumer discretionary sector. Maintaining a strong brand is key to success, and those who differentiate themselves will enjoy customer loyalty and pricing power while those who don't may find themselves in precarious positions due to the non-essential nature of their offerings. The 16 leisure products stocks we track reported a weak Q2. As a group, revenues were in line with analysts' consensus estimates while next quarter's revenue guidance was 16.6% below. Valuation multiples for many growth stocks have not yet reverted to their early 2021 highs, but the market was optimistic at the end of 2023 due to cooling inflation. This year has been a different story as mixed inflation signals have led to market volatility. However, leisure products stocks have held steady amidst all this with share prices up 1.3% on average since the latest earnings results. Best Q2: YETI (NYSE:YETI) Founded by two brothers from Texas, YETI (NYSE:Y
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- Solo Brands, Inc. Announces Third Quarter ResultsBusiness Wire
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