YETI (NYSE:YETI) Posts Earnings Results, Beats Estimates By $0.09 EPS

YETI (NYSE:YETI) posted its quarterly earnings results on Thursday. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.09, FiscalAI reports. The firm had revenue of $380.41 million for the quarter, compared to analyst estimates of $374.73 million. YETI had a net margin of 8.36% and a return on equity of 22.61%. The firm’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.31 earnings per share. YETI updated its FY 2026 guidance to 2.830-2.890 EPS.

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

• YETI reported Q1 sales of $380.4 million, up 8.3% year over year, with growth broad-based across categories and channels and coming in at the top end of its initial full-year outlook.
• The company raised its full-year sales growth guidance to 7%-8% from 6%-8% and increased EPS guidance to $2.83-$2.89, citing strong first-quarter momentum and improving visibility into the year.
• Wholesale was a standout, growing 19% year over year for its best quarter in more than three years, supported by strong sell-through and healthy inventory levels at retail partners.
• Drinkware returned to growth, with sales up 5% globally and U.S. drinkware back to growth, as management highlighted broader innovation across stackable cups, chug bottles, and hydration products rather than reliance on one SKU.
• Margins remain pressured by tariffs and input costs, with first-quarter adjusted gross margin down 200 basis points year over year; management expects first-half margin pressure to ease in the second half as tariff comparisons normalize.

YETI Trading Up 4.7%

YETI stock traded up $1.91 during midday trading on Friday, reaching $42.60. The stock had a trading volume of 2,754,757 shares, compared to its average volume of 1,608,746. The firm’s fifty day simple moving average is $38.52 and its two-hundred day simple moving average is $41.81. YETI has a twelve month low of $28.98 and a twelve month high of $51.29. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.10 and a quick ratio of 1.11. The firm has a market cap of $3.22 billion, a price-to-earnings ratio of 21.73, a PEG ratio of 1.32 and a beta of 1.69.

More YETI News

Here are the key news stories impacting YETI this week:

• Positive Sentiment: YETI beat Q1 EPS and revenue expectations, with sales up 8% year over year, which reinforces demand for its products and supports the recent stock strength. YETI Reports First Quarter 2026 Results
• Positive Sentiment: The company raised FY2026 EPS guidance above Wall Street estimates, signaling management confidence in continued earnings growth. What YETI Holdings (YETI)’s Raised 2026 Guidance After Softer Q1 Earnings Means For Shareholders
• Positive Sentiment: Robert W. Baird lifted its price target on YETI and kept an outperform rating, adding to the bullish post-earnings momentum. Benzinga report on YETI price target increase
• Neutral Sentiment: Several shopping and lifestyle articles highlighted YETI products and brand visibility, which may help awareness but do not appear to be direct stock-moving catalysts. YETI has a steal-of-a-deal on its Rambler straw mugs
• Neutral Sentiment: Analysts and commentary noted the stock’s recent run-up, but also warned that YETI will need to prove demand remains sustainable beyond the current earnings beat. YETI Rallies After Earnings Beat and Raised Outlook
• Negative Sentiment: Q1 EPS fell from a year earlier, and margin pressure remains a concern even with the strong sales backdrop. YETI Holdings Inc (YETI) Q1 2026 Earnings Call Highlights

Hedge Funds Weigh In On YETI

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. &PARTNERS boosted its stake in YETI by 2.2% in the 4th quarter. &PARTNERS now owns 16,984 shares of the company’s stock worth $751,000 after purchasing an additional 368 shares during the period. Integrated Wealth Concepts LLC boosted its stake in YETI by 9.6% in the 1st quarter. Integrated Wealth Concepts LLC now owns 6,466 shares of the company’s stock worth $214,000 after purchasing an additional 569 shares during the period. Parallel Advisors LLC boosted its stake in YETI by 64.2% in the 4th quarter. Parallel Advisors LLC now owns 1,621 shares of the company’s stock worth $72,000 after purchasing an additional 634 shares during the period. Vanguard Personalized Indexing Management LLC boosted its stake in YETI by 7.3% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 10,895 shares of the company’s stock worth $481,000 after purchasing an additional 740 shares during the period. Finally, New York State Common Retirement Fund boosted its stake in YETI by 1.5% in the 4th quarter. New York State Common Retirement Fund now owns 61,564 shares of the company’s stock worth $2,719,000 after purchasing an additional 905 shares during the period.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Raymond James Financial restated an “outperform” rating and issued a $55.00 price target on shares of YETI in a research report on Friday. Robert W. Baird lifted their price target on shares of YETI from $54.00 to $55.00 and gave the stock an “outperform” rating in a research report on Friday. UBS Group decreased their price target on shares of YETI from $47.00 to $40.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 7th. Wall Street Zen lowered shares of YETI from a “buy” rating to a “hold” rating in a research report on Sunday, April 19th. Finally, Citigroup lifted their price target on shares of YETI from $44.00 to $53.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. Nine equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, YETI presently has a consensus rating of “Moderate Buy” and a consensus price target of $50.33.

About YETI

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.