YETI Holdings, Inc. announced sales results for the fourth quarter and fiscal year ended December 29, 2018. For the fourth quarter fiscal 2018, net sales increased 19% to $241.2 million. Net sales in the direct-to-consumer (“DTC”) channel increased 45% to $110.5 million, and net sales for the wholesale channel increased 4% to $130.7 million.

For fiscal 2018, net sales increased 22% to $778.8 million. Net sales in the DTC channel increased 48% to $287.4 million, and net sales for the wholesale channel increased 10% to $491.4 million.

For the year 2018, the company expects net sales to be $778,833,000, operating income to be in between $100,469,000 to $102,027,000, and net income to be in between $55,543,000 to $57,212,000. Net income per diluted share is now expected to be $0.67 to $0.69 versus the previous outlook of $0.60 to $0.64, as compared to $0.19 last year, representing an increase of 253% and 263%, respectively.