YETI (NYSE:YETI) Issues Quarterly Earnings Results

YETI (NYSE:YETI) announced its quarterly earnings data on Thursday. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.54 by $0.13, FiscalAI reports. YETI had a net margin of 9.24% and a return on equity of 23.79%. The business had revenue of $483.87 million for the quarter, compared to analyst estimates of $483.80 million. During the same quarter in the previous year, the firm posted $0.66 earnings per share. The company’s revenue for the quarter was up 8.5% on a year-over-year basis. YETI updated its FY 2026 guidance to 2.940-3.000 EPS.

Here are the key takeaways from YETI’s conference call:

• Second-quarter sales rose 9% to approximately $484 million, with broad-based growth across categories, channels, and regions. Coolers and equipment increased 16%, while drinkware grew 2% despite U.S. category pressure.
• Strong execution supported a 170-basis-point adjusted gross-margin expansion to 59.5%, and the company raised its full-year adjusted operating-margin outlook to approximately 14.9%. Adjusted EPS guidance increased to $2.94–$3.00, from $2.83–$2.89 previously.
• Management highlighted continued momentum in international markets, particularly Europe, Australia, and Japan, and expects international sales growth of high-teens to 20% for 2026. YETI plans to expand into 11 Asian markets by year-end, compared with four a year earlier.
• The company faces ongoing headwinds from tariffs, raw materials, fuel, transportation, and fulfillment costs; management assumes tariff rates return to approximately 20% beginning in September. A $8.2 million tariff refund benefited second-quarter margins, but executives cautioned that consumer uncertainty remains in the back half.
• YETI repurchased $130 million of stock during the quarter, leaving approximately $370 million under its authorization, while management emphasized continued investment in innovation, supply-chain flexibility, international expansion, and productivity initiatives.

YETI Stock Down 2.3%

YETI opened at $44.45 on Friday. The company has a 50 day moving average of $49.69 and a 200 day moving average of $44.72. The company has a market cap of $3.37 billion, a PE ratio of 19.41, a price-to-earnings-growth ratio of 1.43 and a beta of 1.72. YETI has a 12 month low of $31.66 and a 12 month high of $53.99. The company has a current ratio of 1.75, a quick ratio of 1.06 and a debt-to-equity ratio of 0.16.

Analyst Ratings Changes

A number of research firms recently commented on YETI. Raymond James Financial lifted their price target on shares of YETI from $55.00 to $56.00 and gave the stock an “outperform” rating in a report on Thursday. Piper Sandler increased their price objective on YETI from $54.00 to $58.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Weiss Ratings reissued a “hold (c)” rating on shares of YETI in a research report on Friday, August 7th. UBS Group boosted their target price on YETI from $45.00 to $51.00 and gave the company a “neutral” rating in a research note on Thursday, July 16th. Finally, Wall Street Zen raised YETI from a “hold” rating to a “buy” rating in a research report on Saturday, July 4th. Ten analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $55.29.

Institutional Investors Weigh In On YETI

Institutional investors have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC raised its stake in shares of YETI by 9.6% during the 1st quarter. Integrated Wealth Concepts LLC now owns 6,466 shares of the company’s stock valued at $214,000 after purchasing an additional 569 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in YETI by 5.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 287,837 shares of the company’s stock worth $9,527,000 after purchasing an additional 14,920 shares during the period. M&T Bank Corp grew its holdings in YETI by 17.6% during the 2nd quarter. M&T Bank Corp now owns 8,648 shares of the company’s stock valued at $272,000 after buying an additional 1,294 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in YETI by 48.8% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 16,404 shares of the company’s stock valued at $517,000 after buying an additional 5,379 shares in the last quarter. Finally, California Public Employees Retirement System grew its holdings in YETI by 2.5% during the 2nd quarter. California Public Employees Retirement System now owns 144,069 shares of the company’s stock valued at $4,541,000 after buying an additional 3,507 shares in the last quarter.

More YETI News

Here are the key news stories impacting YETI this week:

• Positive Sentiment: Quarterly results exceeded expectations. YETI reported adjusted earnings of $0.67 per share, above the roughly $0.54-$0.55 consensus, while revenue rose 8.5% year over year to $483.9 million, broadly matching estimates. The company cited broad-based sales strength. YETI Reports Second Quarter 2026 Results
• Positive Sentiment: Full-year profitability guidance was raised. YETI now expects fiscal 2026 EPS of $2.94-$3.00, above the previous outlook and approximately $2.80 analyst consensus. The company also raised its gross-margin outlook to 57.5%-58% and plans to return $130 million to shareholders through share repurchases. YETI Raises 2026 EPS and Gross-Margin Outlook
• Positive Sentiment: Several analysts increased their price targets. Robert W. Baird raised its target to $57 and maintained an “outperform” rating, while Stifel lifted its target to $45 but retained a “hold” rating. The brokerage consensus remains “Moderate Buy.” YETI Analysts Boost Their Forecasts
• Neutral Sentiment: YETI introduced new hunting gear, drinkware and crossbody products. These launches could support future sales, but there is no disclosed revenue impact yet. YETI Hunting Collection
• Negative Sentiment: The post-earnings selloff reflects investor disappointment despite the beats. Revenue growth was solid but not substantially above expectations, and investors may have been positioned for a stronger outlook. Promotional coverage highlighting steep discounts on YETI products also raises questions about pricing and near-term demand quality. YETI Earnings Selloff

YETI Company Profile

YETI Holdings, Inc is an American outdoor and lifestyle products company known for its premium, performance-driven coolers, drinkware and accessories. The company’s portfolio includes hard coolers under its flagship Tundra series, soft coolers in the Hopper line, and vacuum-insulated drinkware sold under the Rambler brand. YETI’s products are engineered for durability, temperature retention and rugged outdoor use, targeting consumers ranging from avid anglers and hunters to outdoor enthusiasts and everyday users seeking high-quality insulated containers.

Founded in 2006 by brothers Roy and Ryan Seiders in Austin, Texas, YETI began with a focus on building a better cooler that could withstand extreme conditions and maintain ice retention longer than traditional alternatives.