Engaged Capital and Yeti reach a key agreement. Here are three ways to create shareholder value
1. Engaged Capital is now a shareholder, owning 1.87% of YETI. 2. YETI's board is expanding and welcoming two new experienced directors. 3. The company has opportunities for growth in Europe and product categories. 4. YETI's stock may benefit from aggressive communication and capital allocation. 5. Current trading occurs at low multiples suggesting valuation upside potential.