yeti inc says it experienced a shutdown in a vietnam manufacturing facility adding to the long list of supply chain problems that consumer companies have experienced due to covid19 “most recently we’ve seen the government mandated shutdowns of one of our soft cooler suppliers in vietnam as a result of the ongoing impacts of covid” said matt reintjes chief executive officer of the outdoor cooler and accessories company during its most recent earnings call according to factset “while our prior work to drive supplier redundancy in key product areas helps our ability to absorb this type of temporary disruption the shutdown does underscore the inherent volatility that lingers globally” during its fiscal fourthquarter earnings in june nike inc nke discussed the shutdowns in vietnamese facilities that make its shoes as a result of the spread of covid19 see nike manufacturing in vietnam grinds to a halt due to covid19 creating another supply chain challenge this is just one of many supply chain hurdles that consumer companies are facing heading into the backtoschool and holiday shopping season finding containers and trucks to move items have been among the other problems companies have faced net income totaled 562 million or 63 cents per share up from 335 million or 38 cents per share last year adjusted eps of 68 cents beat the factset consensus for 56 cents sales of 3577 million were up from 2469 million last year and also ahead of the factset consensus of 3285 million for the full fiscal year yeti is guiding for a sales increase between 26 and 28 up from previous guidance for a 20 to 22 increase eps is expected to be between 225 and 229 up from 212 and 216 and adjusted eps is now expected to be between 242 and 246 up from prior outlook for 228 and 232 the factset consensus is for sales of 1396 billion implying 278 growth and eps of 247 also santa could be stalled as supply chain issues put toy sector at risk for the holidays “yeti delivered yet another standout quarter of performance navigating supply chain headwinds including the shutdown of a soft cooler supplier in vietnam to build inventory into what we expect to be a robust 2h21” wrote cowen analysts in a note “momentum and execution through a challenging supply chain and logistics backdrop remains impressive and scarcity helps brand heat and visibility into 2022” wrote stifel analysts in a note “across our coverage universe yeti remains one of the more resilient topline growth stories and in our followup with management we came away with a sense that management has a high degree of confidence that strong doubledigit top line growth is achievable even looking out beyond this year” wrote ubs in a note don’t miss amazon’s supply chain is operating near capacity and impacting some big decisions experts say raymond james is upbeat about the company’s guidance “the company opted to raise its 2021 guidance for the second time reflecting sales growth in the second half of the year above its longterm target and despite tough compares along with an improved eps outlook” wrote analysts led by joseph altobello “we continue to believe the stock’s premium valuation is warranted given yeti’s recent track record of healthy and consistent growth and the potential for further upside to our estimates to go along with a rocksolid balance sheet” yeti stock has soared 487 for the year to date far outpacing 18 growth of the sp 500 index spx 