Yeti narrows FY23 adjusted EPS view to $2.32 from $2.23-$2.32, consensus $2.29

Adjusted sales to increase approximately 4% (versus the previous outlook of between 4% and 5%). Expected adjusted sales are inclusive of an approximate 500 basis points unfavorable impact on our growth rate from the stop sale of the products affected by the recalls. Expected adjusted sales also include $18.8M of sales from recall-related gift card redemptions during the second and third quarter of 2023. FY23 revenue consensus $1.7B.