YETI Holdings, Inc. (NYSE:YETI) Q1 2024 Earnings Conference Call May 9, 2024 8:00 AM ET

Company Participants

Thomas Shaw - Vice President of Investor Relations
Matthew Reintjes - President & Chief Executive Officer
Michael McMullen - Senior Vice President, Chief Financial Officer & Treasurer

Conference Call Participants

Randy Konik - Jefferies
Anna Glaessgen - B. Riley
Peter Benedict - Robert W. Baird
John Kernan - TD Cowen
Peter Keith - Piper Sandler
Brooke Roach - Goldman Sachs

Operator

Good day and welcome to the YETI Holdings First Quarter 2024 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.

And now I would like to turn the conference over to Tom Shaw, the Vice President of Investor Relations. Please go ahead.

Thomas Shaw

Good morning and thanks for joining us to discuss YETI Holdings' first quarter fiscal 2024 results. Leading the call today will be Matt Reintjes, President and CEO; and Mike McMullen, CFO. Following our prepared remarks, we'll open the call for your questions.

Before we begin, we'd like to remind you that some of the statements that we make today on this call may be considered forward-looking and such forward-looking statements are subject to various risks and uncertainties that could cause our actual results to differ materially from these statements. For more information, please refer to the risk factors detailed in our most recently filed Form 10-K. We undertake no obligation to revise or update any forward-looking statements made today as a result of new information, future events or otherwise, except as required by law. Unless otherwise stated, our financial measures discussed on this call will be on a non-GAAP basis. We use non-GAAP measures as we believe they more accurately represent the true operational performance and underlying results of our business. Reconciliations of these non-GAAP measures to their most directly comparable GAAP measures are included in the press release or in the presentation posted this morning to our Investor Relations section of our website at yeti.com.

And now I'd like to turn the call over to Matt.

Matthew Reintjes

Thanks, Tom and good morning. YETI delivered a great start to 2024 as evidenced by our strong first quarter results. We saw positive global demand for our brand and our broadening range of products and we had great execution across multiple fronts, driving double-digit growth in both our wholesale and DTC channels as well as our Coolers & Equipment and Drinkware categories.