Yeti Raises Full-Year 2026 EPS Outlook
YETI sits 69% above its 52-week low of $31.655 on elevated volume (1.8× avg).
Summary
Yeti Holdings raised its full-year 2026 EPS outlook, a positive signal following Q1's 35% EPS decline and margin compression. The company now expects adjusted EPS of $2.94 to $3.00, up from prior guidance of $2.83 to $2.89, and maintains 2026 sales growth of 7% to 8%. Second-quarter sales increased 9%, led by 16% growth in Coolers & Equipment and 19% international growth, with wholesale channel sales up 10% to $218.0 million and direct-to-consumer channel sales up 7% to $265.9 million. Adjusted EPS for the quarter was 67 cents. The company also boosted its buyback to $500 million, indicating management's confidence in the back half of the year.
At the time of this announcement, YETI was trading at $53.50 on NYSE in the Trade & Services sector, with a market capitalization of approximately $3.9B. The 52-week trading range was $31.66 to $53.99. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.