YETI (NYSE:YETI) Issues Quarterly Earnings Results, Beats Expectations By $0.07 EPS

Key Points

• YETI earned $0.91 per share, beating analyst expectations by $0.07; revenue rose 4.4% year over year to $517.93 million but fell short of the $523.07 million forecast.
• The company cut its full-year adjusted sales-growth outlook to about 6%, from 7%–8%, citing softer demand and more deal-focused consumers, with pressure expected to continue into Q4.
• Despite stronger adjusted margins and 19% growth in international sales, YETI shares fell 9.5% during Thursday trading.

YETI (NYSE:YETI - Get Free Report) issued its quarterly earnings data on Thursday. The company reported $0.91 EPS for the quarter, topping analysts' consensus estimates of $0.84 by $0.07, FiscalAI reports. The firm had revenue of $517.93 million for the quarter, compared to analyst estimates of $523.07 million. YETI had a net margin of 9.24% and a return on equity of 23.79%. The firm's revenue was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.48 EPS.

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

• YETI lowered its full-year adjusted sales growth outlook to approximately 6%, from 7%–8%, citing softer demand and a more deal-focused consumer. Management expects demand to remain pressured in Q4.
• Third-quarter adjusted sales rose 6% to approximately $518 million, while adjusted gross margin expanded 310 basis points to 59%. Adjusted operating income increased 35% and adjusted diluted EPS rose 49% to $0.91.
• International sales increased 19% and wholesale sales grew 19%, led by strength in Europe and Australia. DTC declined 3%, partly reflecting the Prime Day timing shift and comparisons with prior-year product restocking.
• Drinkware growth faced an estimated 500-basis-point drag from concentrated SKUs in Q3, with a roughly 600-basis-point impact expected for the full year; management expects this pressure to largely ease in 2027. YETI cited more than 50 active Project Upcycle initiatives and ongoing product innovation as longer-term growth and productivity opportunities.

YETI Stock Down 9.5%

YETI stock traded down $4.08 during mid-day trading on Thursday, hitting $38.71. 2,821,722 shares of the company were exchanged, compared to its average volume of 1,531,212. The company has a market capitalization of $2.83 billion, a PE ratio of 16.90, a price-to-earnings-growth ratio of 1.18 and a beta of 1.63. The company has a current ratio of 1.75, a quick ratio of 0.87 and a debt-to-equity ratio of 0.16. YETI has a twelve month low of $34.90 and a twelve month high of $53.99. The firm has a fifty day simple moving average of $42.19 and a 200 day simple moving average of $43.93.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. The Goldman Sachs Group raised YETI from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $46.00 to $63.00 in a research report on Monday, July 20th. Robert W. Baird increased their price target on YETI from $55.00 to $57.00 and gave the company an "outperform" rating in a report on Friday, August 14th. Stifel Nicolaus raised YETI from a "hold" rating to a "buy" rating and increased their price target for the company from $45.00 to $50.00 in a report on Friday, September 18th. Ladenburg Thalmann & Co. Inc. assumed coverage on YETI in a research note on Tuesday, October 13th. They set a "buy" rating and a $52.00 price objective for the company. Finally, Bank of America lifted their price objective on YETI from $44.00 to $48.00 and gave the stock a "neutral" rating in a report on Friday, August 14th. Twelve equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $55.20.

Trending Headlines about YETI

These are some of the YETI headlines that stood out recently:

• Positive Sentiment: YETI reported third-quarter EPS of $0.91, above the roughly $0.83–$0.84 analyst consensus and up from $0.61 a year earlier. Adjusted EPS increased 49%, indicating improved earnings despite modest sales growth. Article: Yeti Tops Q3 Earnings Estimates
• Neutral Sentiment: Net sales rose 4% to about $517.9 million (adjusted sales increased 6%), showing continued growth, though the quarter’s revenue was below the approximately $523.1 million consensus. Article: YETI Reports Third Quarter 2026 Results
• Negative Sentiment: YETI cut its 2026 adjusted sales-growth outlook to about 6%, from its previous 7%–8% range, citing consumer caution. The lower forecast, alongside the quarterly revenue shortfall, raises concerns about demand and is the clearest potential headwind for the shares. Article: Yeti Cuts Year Outlook on Consumer Caution

About YETI

YETI Holdings, Inc. designs, markets and distributes premium outdoor products. Founded in 2006 by brothers Roy and Ryan Seiders, the company is headquartered in Austin, Texas. Its product lineup includes hard and soft coolers, insulated drinkware, bags, outdoor and camping equipment, and related accessories. YETI sells through its website, company-operated stores and a network of retail partners. The company serves customers in the United States and international markets, including Canada, Europe, Australia and parts of Asia.

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