Yeti Holdings Inc. shares surged in the extended session Friday after the outdoor and recreation products maker hiked its outlook for the year. Yeti shares rallied 7.7% after hours, following a 2.3% gain to close the regular session at $16.72. The company said it expects sales of $241.2 million for the fourth quarter. For the year, Yeti forecast adjusted earnings of 88 cents to 90 cents a share, up from a previous forecast of of 79 cents to 82 cents a share on sales of $778.8 million for the year. Analysts surveyed by FactSet had forecast sales of $227.3 million for the fourth quarter, and earnings of 81 cents a share on revenue of $764.8 million for the year. Yeti released its first earnings report as a public company (http://www.marketwatch.com/story/yeti-reports-first-results-as-a-public-company-beats-profit-expectations-2018-11-29) back in late November.
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