YETI Holdings (NYSE:YETI) on Thursday reported mixed second-quarter financial results.

YETI reported quarterly earnings of 67 cents per share which beat the analyst consensus estimate of 55 cents per share. The company reported quarterly sales of $483.868 million which missed the analyst consensus estimate of $483.890 million.

YETI Holdings raised its FY2026 adjusted EPS guidance from $2.83-$2.89 to $2.94-$3.00, but lowered its sales guidance from $1.999 billion-$2.017 billion to $1.967 billion-$1.985 billion.

Matt Reintjes, Chair of the Board and Chief Executive Officer, said, “YETI delivered a strong second quarter, with 9% top-line growth, and stronger-than-expected profitability. We also completed $130 million in share repurchases, reflecting the durability of our business model and the cash-generating strength of our operating platform. Our results demonstrate broad-based execution across categories, channels, and geographies, powered by the YETI brand and the expanding reach of our product portfolio. The work we’ve done over the past several years to build a more diversified, more balanced, and more repeatable growth company is showing up in the quality and consistency of our results.”

YETI shares fell 3.9% to $4.23 in pre-market trading.

These analysts made changes to their price targets on YETI following earnings announcement.

• Raymond James analyst Dan Wewer maintained the stock with an Outperform rating and raised the price target from $55 to $56.
• Baird analyst Peter Benedict maintained the stock with an Outperform rating and raised the price target from $55 to $57.
• B of A Securities analyst Robert Ohmes maintained the stock with a Neutral and raised the price target from $44 to $48.

Considering buying YETI stock? Here’s what analysts think:

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