Retail

Yeti notes new wholesale partner, increased inventory in third quarter

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Rambler mugs and thermoses sit on display for sale at the Yeti Holdings flagship store in Austin, Texas, on Wednesday, Sept. 12, 2018.

Sergio Flores | Bloomberg | Getty Images

Yeti looks to round out its wholesale footprint and mitigate the impact of tariffs headed into the final stretch of 2019.

The company reported its third-quarter earnings on Thursday, noting a new wholesale partnership with Lowe’s and increased inventory to avoid a potential impact of the looming Dec.15 tariffs on certain Chinese imports.

The high-end cooler maker already has wholesale partnerships with Dick’s Sporting Goods, Bass Pro Shops, Cabela’s, West Marine and Williams-Sonoma, among others, but CEO Matt Reintjes…



Source cnbc.com

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