Overview

• Outdoor products company's Q4 net sales rose 7%, driven by strong international growth

• Adjusted EPS for Q4 beat analyst expectations despite higher tariff costs

• Company returned nearly $300 mln to shareholders through share repurchases

Outlook

• YETI expects full-year sales growth between 6% and 8% in 2026

• Company anticipates 2026 adjusted net income per share between $2.77 and $2.83

• YETI projects free cash flow between $200 mln and $225 mln for 2026

Result Drivers

• INTERNATIONAL SALES - Yeti's international sales grew 25%, led by Australia and Europe, contributing significantly to overall sales growth

• TARIFF IMPACT - Higher tariff costs negatively impacted margins, but were partially offset by lower product costs and price increases

• DTC CHANNEL GROWTH - Direct-to-consumer sales increased 7% due to growth across all DTC businesses, including Amazon Marketplace and YETI retail stores

Key Details

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the recreational products peer group is "buy"

• Wall Street's median 12-month price target for Yeti Holdings Inc is $45.00, about 9% below its February 18 closing price of $49.43

• The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nGNX39y8js

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)