The DTC channel represented 52% of sales, compared to 54% in the prior year period.

fourth quarter earnings: “We remain confident in our ability to drive brand and product momentum, build out a great team, and strengthen an already sound balance sheet, as we look forward into the fourth quarter of 2022, Fiscal 2023, and beyond.” For Fiscal 2022, YETI expects: • Sales are expected to increase approximately 16%; • Operating income as a percentage of sales is expected to be approximately 16% and operating income is expected to decrease approximately 6%; • Adjusted operating income as a percentage of sales is expected to be approximately 17% and adjusted operating income is expected to decrease approximately 6%; • The effective tax rate is expected to be approximately 24.6% (compared to 20.8% in the prior year period); • Adjusted net income per diluted share is expected to be approximately $2.36, reflecting a 9% decrease; • Diluted weighted average shares outstanding is expected to be 87.3 million; and • Capital expenditures are now expected to be approximately $50 million (versus the previous outlook of approximately $60 million) primarily to support investments in technology and new product innovation and launches.” Previous: “We remain confident in our ability to drive brand and product momentum, build out a great team, and strengthen an already sound balance sheet, as we look forward into the fourth quarter of 2022, Fiscal 2023, and beyond.” For Fiscal 2022, YETI expects: • Sales are expected to increase approximately 16%; • Operating income as a percentage of sales is expected to be approximately 16% and operating income is expected to decrease approximately 6%; • Adjusted operating income as a percentage of sales is expected to be approximately 17% and adjusted operating income is expected to decrease approximately 6%; • The effective tax rate is expected to be approximately 24.6% (compared to 20.8% in the prior year period); • Adjusted net income per diluted share is expected to be approximately $2.36, reflecting a 9% decrease; • Diluted weighted average shares outstanding is expected to be 87.3 million; and • Capital expenditures are now expected to be approximately $50 million (versus the previous outlook of approximately $60 million) primarily to support investments in technology and new product innovation and launches.”