YETI (NYSE:YETI) Issues Earnings Results

YETI (NYSE:YETI) posted its quarterly earnings results on Thursday. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.09, FiscalAI reports. The firm had revenue of $380.41 million during the quarter, compared to the consensus estimate of $374.73 million. YETI had a net margin of 8.85% and a return on equity of 22.53%. The company’s revenue was up 8.3% on a year-over-year basis. During the same quarter in the previous year, the firm 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 Stock Performance

YETI stock traded up $2.28 on Friday, hitting $42.97. The company’s stock had a trading volume of 1,432,501 shares, compared to its average volume of 1,509,715. The stock has a market cap of $3.25 billion, a price-to-earnings ratio of 21.18, a price-to-earnings-growth ratio of 1.24 and a beta of 1.69. The firm has a 50 day moving average of $38.52 and a two-hundred day moving average of $41.80. The company has a current ratio of 1.98, a quick ratio of 1.11 and a debt-to-equity ratio of 0.11. YETI has a 1 year low of $28.98 and a 1 year high of $51.29.

Institutional Investors Weigh In On YETI

Institutional investors and hedge funds have recently made changes to their positions in the business. Wellington Management Group LLP increased its position in YETI by 14.3% in the 3rd quarter. Wellington Management Group LLP now owns 5,578,329 shares of the company’s stock valued at $185,089,000 after acquiring an additional 696,983 shares during the period. Morgan Stanley boosted its holdings in YETI by 117.5% during the fourth quarter. Morgan Stanley now owns 1,884,361 shares of the company’s stock worth $83,232,000 after buying an additional 1,017,947 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in YETI by 2.3% in the third quarter. Dimensional Fund Advisors LP now owns 1,847,025 shares of the company’s stock valued at $61,291,000 after buying an additional 41,766 shares in the last quarter. Loomis Sayles & Co. L P raised its holdings in YETI by 14.6% during the fourth quarter. Loomis Sayles & Co. L P now owns 1,409,040 shares of the company’s stock worth $62,237,000 after purchasing an additional 179,275 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in YETI by 44.2% in the fourth quarter. Bank of New York Mellon Corp now owns 1,252,256 shares of the company’s stock valued at $55,312,000 after purchasing an additional 383,771 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on YETI shares. B. Riley Financial upgraded shares of YETI from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $35.00 to $54.00 in a research report on Friday, February 20th. Stifel Nicolaus set a $42.00 price target on shares of YETI in a research report on Friday. Citigroup increased 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. Wall Street Zen cut YETI from a “buy” rating to a “hold” rating in a research note on Sunday, April 19th. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $55.00 price target on shares of YETI in a report on Friday. Nine 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 an average price target of $50.33.

Key Headlines Impacting YETI

Here are the key news stories impacting YETI this week:

• Positive Sentiment: YETI delivered a Q1 earnings beat, with revenue up 8.3% year over year and strong sales growth across categories and channels, including 19% wholesale growth and 9% international growth. YETI Reports First Quarter 2026 Results
• Positive Sentiment: Management raised full-year profit guidance, signaling confidence that demand trends remain solid and that margin pressures should be manageable. YETI surges as earnings beat and guidance raised
• Positive Sentiment: Robert W. Baird increased its price target on YETI to $55 from $54 and reiterated an outperform rating, highlighting additional upside from current levels. Benzinga coverage
• Neutral Sentiment: Commentary around the earnings call emphasized strong sales growth but also noted margin pressure, suggesting investors are watching whether profitability can keep pace with demand. YETI Holdings Inc (YETI) Q1 2026 Earnings Call Highlights: Strong Sales Growth Amid Margin Pressures
• Neutral Sentiment: Recent media coverage also pointed to product launches and brand marketing efforts, which may support demand but are less immediately important than the earnings and guidance beat. YETI just launched a gorgeous coastal collection

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.