We are following YETI and SONO to see if the buyout rumors are true for either stock. We have not taken a position in either stock yet.
Late yesterday, we called in a channel check on YETI products. The company is sold out of many items.
We tried to order four (4), 14 oz Rambler Mugs, a majority of the colors are sold out and many others are on backorder.
Search Amazon for YETI Rambler 14 oz Stainless Steel Vacuum Insulated Mug with Lid and you'll see the mug is limited in colors and many are not available.
This is one (1) online store, this is one (1) item from YETI, add up every retailer that sells YETI and you have a possible explosion in earnings next qtr.
If YETI doesn't blow past earnings estimates next qtr, we will be shocked.
This is just an update for the people that purchased the stock.
Happy Holidays, Merry Christmas and Best of Luck with your trades!