AUSTIN, Texas, Dec. 30, 2025 (GLOBE NEWSWIRE) -- YETI Holdings, Inc. (“YETI”) (NYSE: YETI) today announced that management will be hosting meetings with investors at the 28th Annual ICR Conference in Orlando, FL on Monday, January 12, 2026. About YETI Holdings, Inc. Headquartered in Austin, Texas, YETI is a global designer, retailer, and distributor of innovative outdoor products. From coolers and drinkware to bags and apparel, YETI products are built to meet the unique and varying needs of diverse outdoor ...

Core Insights - The FIFA 2026 World Cup is anticipated to attract millions of visitors and boost consumer activity, creating investment opportunities in sectors related to travel, payments, hospitality, and consumer spending [1] Company Analysis Visa (NYSE: V) - Visa is expected to benefit from increased payment volumes due to the World Cup, as global events typically enhance consumer spending [2] - The tri-nation format of the tournament is likely to increase cross-border transactions, with international fans relying on card-based payments for various expenses [2][3] - Visa's historical involvement in handling payments at previous tournaments positions it well to capture increased transaction activity, with cross-border payments yielding high margins [3] YETI Holdings (NYSE: YETI) - YETI is poised to benefit from heightened consumer behavior associated with travel and outdoor events, despite not being a tournament sponsor [5] - The World Cup's spread across 16 host cities is expected to drive demand for YETI's products, such as travel gear and lifestyle accessories [5][6] - YETI's strong brand presence in North America enhances its ability to meet the anticipated demand linked to World Cup activities [7]

Core Insights - The company is recognized for its innovative outdoor products and continues to evolve in the consumer brand space [1] Product Innovation - The strategy of the company is anchored on product innovation, which has been a key focus area [2] - The company is looking to identify next key growth drivers over the next 3 to 5 years, indicating a long-term vision for product development [2]

YETI (NYSE:YETI) 2025 Conference December 02, 2025 10:15 AM ET Company ParticipantsMatt Reintjes - CEOConference Call ParticipantsNone - AnalystModeratorAll right, next up, we are excited to have a unique consumer brand that I'm sure needs no introduction for its innovative outdoor products. To help us understand how the company continues to evolve, we're excited to have CEO Matt Reintjes as well as CFO Mike McMullen. Thanks for joining us today. I'm going to start off on product innovation, and you've desc ...

Core Viewpoint - YETI Holdings Inc. stock is currently priced at $41.14, reflecting a 0.82% decrease in the current market session, but has seen a significant increase of 32.05% over the past month and a modest rise of 3.94% over the past year, raising questions about its valuation despite underperformance in the current session [1]. Group 1: Stock Performance - The stock price of YETI Holdings is currently at $41.14, down by 0.82% in the current session [1]. - Over the past month, the stock has increased by 32.05% [1]. - In the past year, the stock has risen by 3.94% [1]. Group 2: P/E Ratio Analysis - YETI Holdings has a lower P/E ratio compared to the aggregate P/E of 40.7 for the Leisure Products industry, suggesting potential undervaluation [6]. - A lower P/E ratio may indicate that shareholders do not expect the stock to perform better in the future or that the company is undervalued [5]. - While a low P/E can suggest undervaluation, it may also reflect weak growth prospects or financial instability, necessitating a cautious approach [9][10]. Group 3: Investment Considerations - The P/E ratio is a valuable tool for assessing market performance but should be used alongside other financial metrics and qualitative factors for comprehensive analysis [10].

Core Viewpoint - YETI has faced challenges in 2025, with its stock declining approximately 7%, while the S&P 500 has increased over 13% [1] Company Performance - Despite the stock decline, there is a bullish outlook on YETI's business performance, indicating confidence in its long-term potential [1]

Core Viewpoint - Asian semiconductor stocks experienced significant declines following Nvidia's unexpected drop on Wall Street, despite Nvidia reporting stronger-than-expected results [1] Group 1: Market Reaction - The decline in Asian semiconductor stocks was triggered by Nvidia's performance, indicating a sector-wide pullback [1] - Nvidia's unexpected drop highlights the volatility in the semiconductor market, affecting investor sentiment across the region [1] Group 2: Company Performance - Nvidia posted stronger-than-expected results, yet this did not prevent the subsequent decline in semiconductor stocks [1] - The contrast between Nvidia's performance and the market reaction suggests underlying concerns within the semiconductor sector [1]

Core Insights - KANE Footwear has officially partnered with Yeti Boo, expanding its KANE Athlete roster which includes notable figures like ultra marathoner Matt Johnson and Peloton instructor Olivia Amato [1] Company Developments - The partnership with Yeti Boo is based on extensive testing and genuine interest in KANE's Revive AC, recognized as the world's toughest recovery shoe [1]

Group 1 - The article does not provide any relevant content regarding company or industry insights [1]

Financial Data and Key Metrics Changes - In Q3 2025, YETI reported sales growth of 2%, reaching $487.8 million, driven by double-digit growth in the Coolers and Equipment category and international business [30][31] - Adjusted gross profit decreased 2% to $272.5 million, with a gross margin of 55.9%, down from 58.2% year-over-year, primarily due to higher tariff costs and a lower mix of drinkware sales [36] - Adjusted net income decreased 18% to $49.6 million, with adjusted net income per share down 14% to $0.61 [37][38] Business Line Data and Key Metrics Changes - Drinkware sales declined 4% to $263.8 million, while Coolers and Equipment saw a strong quarter with sales up 12% to $215.4 million [31][32] - Direct-to-consumer sales grew 3% to $288.7 million, with strong performance in the Amazon Marketplace and corporate sales [32][33] - Wholesale channel sales increased 1% to $199 million, with strong sell-through trends despite cautious ordering from retail partners [33][34] Market Data and Key Metrics Changes - International sales grew 14% to $100.4 million, representing approximately 21% of total sales, with significant growth in Europe, Australia, New Zealand, and Canada [34][35] - The U.K. market showed outstanding growth, benefiting from increased brand awareness and consumer engagement [35][36] - Japan's presence is expanding quickly, with over 270 doors open and plans for further distribution in Asia [22][23] Company Strategy and Development Direction - YETI aims for long-term top-line growth in the high single to low double digits, focusing on product innovation and expanding its global presence [4][30] - The company is launching over 30 new products in 2025, with a robust pipeline aligned with brand momentum [6][9] - Strategic partnerships in sports and licensing are expected to enhance brand reach and consumer engagement [14][15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in returning to growth in the drinkware category in Q4, driven by innovation and international growth [41][42] - The company anticipates a low single-digit decline in the U.S. market for the year, primarily due to challenges in the drinkware category [41][42] - YETI's diversified supply chain strategy is expected to mitigate geopolitical risks and enhance operational resilience [24][25] Other Important Information - The company has increased its share repurchase target for 2025 from $200 million to $300 million, reflecting strong cash flow generation [25][38] - YETI is investing in AI technologies to enhance consumer engagement and operational efficiency [26][27] Q&A Session Summary Question: Long-term growth potential and building blocks - Management highlighted product innovation, brand reach, and global opportunities as key components for achieving long-term growth in the high single to low double digits [60][61] Question: Wholesale sell-in and direct-to-consumer conversion - Management noted strong sell-through in wholesale, with expectations for improved sell-in as inventories are worked down, while focusing on enhancing conversion rates on YETI's website [62][68] Question: Scaling opportunities for new sport-focused launches - Management expressed confidence in the drinkware portfolio and the potential contributions from new sport-focused products, anticipating a return to growth in Q4 [71][77] Question: Promotional environment and its impact on sales - Management acknowledged a highly promotional environment for drinkware, emphasizing the importance of innovation and brand relevance in driving sell-through [81][85] Question: Confidence in Q4 sales acceleration - Management indicated strong consumer demand and expected stabilization in the U.S. drinkware market, contributing to improved sales in Q4 [95][101]