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Industry Focus

CG: Keeping It Cool With Yeti

Industry Focus

The Motley Fool

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4.6854 Ratings

🗓️ 27 November 2018

⏱️ 29 minutes

🧾️ Download transcript

Summary

After two years of sitting in IPO limbo, the premium cooler and drinkware company finally made its market debut in late October. Yeti has fought to restore its momentum after a rough 2017, but will the company’s industry-leading brand be enough to power its expansion into new markets at home and abroad? Stock: YETI

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Transcript

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0:00.0

Thanks to Slack for supporting the Motley Fool.

0:02.0

Slack is a collaboration hub for work that makes sure the right people in your team are always in the loop

0:06.7

and key information is always at their fingertips.

0:08.8

Learn more at slack.com.

0:17.0

Welcome to Industry Focus, the podcast it dives into a different sector of the stock market every day. I'm your host Fitz and Shen and joining me today via Skype is Senior Motley Fool Contributor,

0:21.5

Aseharma, hey I A I said, thanks for being here man.

0:24.0

Hey Vince, thanks a lot for having me on.

0:27.0

So do you know why today is special?

0:32.0

Let me let me guess because

0:37.0

you

0:38.0

are going to give me a Yeti product maybe?

0:43.0

Um, no. Not quite, but you did hint at the reason why involves three letters,

0:50.3

IPO, because today we have a new story and stock to introduce the listeners.

0:56.9

This brand YETI might mean a lot to some of you.

1:00.9

If you've heard of it, encountered it in your leisure time, maybe at the beach

1:05.2

or camping out in the will of itness. But Yettie Holdings makes coolers, drinkware, and other accessories

1:11.2

for the outdoor enthusiasts and also a bunch of college kids too.

1:15.0

But I said I'm curious have you had you heard of Yedi before you started researching the company for this show?

1:21.0

I had Vince so I am in the South, as are you, which is the major market for this company.

1:29.0

And I have an ace hardware, very close to where I live live often popping in there for different things and

1:35.6

Yeti has a very beautiful display in my local Ace Hardware and many times I have

1:41.8

Stopped at that display and gazed upon these extremely nice coolers and

...

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