YETI (NYSE:YETI) Posts Earnings Results, Beats Estimates By $0.13 EPS

YETI (NYSE:YETI) released its earnings results on Thursday. The company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.13, FiscalAI reports. The firm had revenue of $483.87 million during the quarter, compared to analysts’ expectations of $483.80 million. YETI had a return on equity of 22.61% and a net margin of 8.36%.The firm’s revenue was up 8.5% on a year-over-year basis. During the same quarter last year, the business posted $0.66 earnings per share. 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 Price Performance

Shares of YETI stock traded down $6.16 during trading hours on Thursday, reaching $44.68. The company’s stock had a trading volume of 4,246,021 shares, compared to its average volume of 1,448,857. The firm has a 50 day moving average price of $49.80 and a 200-day moving average price of $44.73. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.10 and a quick ratio of 1.06. The stock has a market cap of $3.38 billion, a P/E ratio of 22.87, a P/E/G ratio of 1.60 and a beta of 1.72. YETI has a one year low of $31.66 and a one year high of $53.99.

YETI News Roundup

Here are the key news stories impacting YETI this week:

• Positive Sentiment: YETI reported second-quarter adjusted earnings of $0.67 per share, ahead of the $0.54-$0.55 analyst consensus and slightly above $0.66 a year earlier. Revenue rose approximately 9% year over year to $483.87 million, narrowly exceeding estimates. Yeti Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised its fiscal 2026 adjusted EPS outlook to $2.94-$3.00, above the roughly $2.80 consensus estimate. The company maintained revenue guidance of approximately $2.0 billion, broadly in line with expectations. YETI Reports Second Quarter 2026 Results
• Positive Sentiment: Broad-based sales strength and plans to return $130 million to shareholders through share repurchases support the investment case. YETI also scheduled an investor day for September 17, which could provide additional details on its growth strategy. YETI Holdings Tops Profit Estimates on Broad-Based Sales Strength
• Neutral Sentiment: YETI appointed CEO Matthew Reintjes as board chair, consolidating leadership responsibilities. The move may improve strategic alignment but also increases reliance on the current leadership team. YETI Appoints CEO Matthew Reintjes as Board Chair
• Negative Sentiment: Reports highlighting coolers and other gear being sold below retail could raise concerns about promotional intensity and potential pressure on margins, although the articles do not quantify the impact on results. Yeti Gear Offered Below Retail

Wall Street Analysts Forecast Growth

YETI has been the subject of several recent analyst reports. Robert W. Baird upped their price target on YETI from $54.00 to $55.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. The Goldman Sachs Group upgraded shares of YETI from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $46.00 to $63.00 in a research report on Monday, July 20th. Raymond James Financial restated an “outperform” rating and set a $55.00 target price on shares of YETI in a research report on Friday, May 15th. Piper Sandler raised their target price on shares of YETI from $54.00 to $58.00 and gave the company an “overweight” rating in a research note on Monday. Finally, UBS Group lifted their price target on shares of YETI from $45.00 to $51.00 and gave the company a “neutral” rating in a report on Thursday, July 16th. Ten analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $53.17.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Corient Private Wealth LLC increased its stake in YETI by 8.8% during the fourth quarter. Corient Private Wealth LLC now owns 51,247 shares of the company’s stock worth $2,264,000 after acquiring an additional 4,130 shares during the last quarter. EP Wealth Advisors LLC bought a new stake in shares of YETI in the 4th quarter valued at approximately $233,000. XTX Topco Ltd purchased a new position in shares of YETI in the 4th quarter worth approximately $2,480,000. Voloridge Investment Management LLC increased its position in shares of YETI by 444.7% during the 4th quarter. Voloridge Investment Management LLC now owns 142,443 shares of the company’s stock valued at $6,292,000 after purchasing an additional 116,290 shares during the last quarter. Finally, SummitTX Capital L.P. bought a new position in shares of YETI during the 4th quarter valued at approximately $1,128,000.

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.