Stock Track | YETI Holdings Plunges 7.04% in Pre-market on Weak 2026 Guidance, Tariff Concerns and CFO Transition

Stock Track
Feb 19

YETI Holdings Inc. experienced a significant pre-market decline of 7.04% on Thursday, as investors reacted negatively to the company's latest financial updates and executive changes.

The outdoor products maker reported fourth-quarter adjusted earnings that beat analyst estimates, with EPS of $0.92 compared to the expected $0.88, and revenue of $583.7 million versus the $582.5 million forecast. However, the company's guidance for 2026 disappointed the market, projecting adjusted EPS in the range of $2.77 to $2.83, which falls below the FactSet consensus estimate of $2.87.

Adding to investor concerns, YETI stated that tariff pressures would remain a headwind throughout 2026, impacting future profitability. The company also announced a leadership transition in its finance department, with Scott Bomar appointed as the new Chief Financial Officer effective February 23, 2026, replacing Mike McMullen who had served in the role since 2023. The combination of below-expectations guidance, ongoing tariff challenges, and executive change contributed to the sharp pre-market sell-off.

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