YETI(YETI)
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YETI(YETI) - 2025 Q4 - Annual Results
2026-02-19 11:08
Exhibit 99.1 YETI Reports Fourth Quarter and Full Year 2025 Results Provides Full Year 2026 Outlook Fourth Quarter Net Sales Increased 7% and Adjusted Net Sales Increased 5% International Net Sales Increased 25% and Drinkware Net Sales Increased 6% During the Fourth Quarter Returned Nearly $300 Million to Shareholders in 2025 Through Share Repurchases Austin, Texas, February 19, 2026 – YETI Holdings, Inc. ("YETI") (NYSE: YETI) today announced its financial results for the fourth quarter and fiscal year ende ...
YETI Reports Fourth Quarter and Full Year 2025 Results; Provides Full Year 2026 Outlook
Globenewswire· 2026-02-19 11:01
Core Insights - YETI Holdings, Inc. reported a 7% increase in net sales for Q4 2025, reaching $583.7 million, compared to $546.5 million in the same period last year [5][6] - The company returned nearly $300 million to shareholders through share repurchases in 2025 [4][37] - International net sales grew by 25%, while drinkware net sales increased by 6% during the fourth quarter [6][18] Fourth Quarter 2025 Highlights - Adjusted net sales increased by 5% to $583.7 million, driven by strong international performance [6][7] - Earnings per share (EPS) rose by 17% to $0.74, while adjusted EPS decreased by 8% to $0.92, impacted by higher tariff costs [6][18] - Operating income decreased by 8% to $75.5 million, reflecting a 250 basis point unfavorable impact from higher tariff costs [15][16] Full Year 2025 Highlights - Full year net sales and adjusted net sales both increased by 2%, with international net sales growing by 16% [20][34] - Coolers & Equipment net sales grew by 7% to $748.5 million, driven by strong performance in bags and soft coolers [20][34] - The company reported operating cash flow of $254.7 million and free cash flow of $212.1 million for the year [6][36] Financial Performance - Gross profit for Q4 increased by 4% to $340.9 million, with a gross margin of 58.4% [11][12] - Selling, general, and administrative (SG&A) expenses rose by 9% to $265.4 million, reflecting higher marketing and growth investments [13][14] - Net income for Q4 increased by 10% to $58.2 million, with a net income margin of 10.0% [18][19] Capital Allocation and Share Repurchase - YETI repurchased 3.1 million shares for $124.9 million in Q4 2025, totaling 8.2 million shares for $297.6 million for the fiscal year [6][37] - The company maintains a strong liquidity position with cash of $188.3 million and total debt of $73.8 million [33] 2026 Outlook - YETI expects full-year sales growth between 6% and 8% for 2026, supported by balanced contributions from drinkware and coolers [38][41] - The company anticipates adjusted operating income growth of 6% to 8%, with an effective tax rate of approximately 24% [41] - Free cash flow is projected to be between $200 million and $225 million [41]
YETI Announces CFO Transition
Globenewswire· 2026-02-19 11:00
Core Viewpoint - YETI Holdings, Inc. has appointed Scott Bomar as the new Chief Financial Officer, succeeding Mike McMullen, who will assist in the transition until May 31, 2026 [1][3] Group 1: Leadership Transition - Scott Bomar will officially take over as CFO on February 23, 2026, bringing over 20 years of financial and operational leadership experience from his previous roles, including Senior Vice President of Finance at Home Depot [1][2] - Mike McMullen has served as CFO for a decade and played a crucial role in YETI's transformation, including its public listing in 2018 [3][4] Group 2: Scott Bomar's Background - Bomar has a strong track record in financial operations, having led various aspects of Home Depot's finance, including financial planning, treasury, and acquisition integration [2][5] - He has also held significant operational responsibilities, including managing Home Depot's $5 billion Home Services business unit and retail operations in China [2][5] Group 3: Company Strategy and Future Outlook - YETI aims to capitalize on growth opportunities by focusing on product innovation, expanding global presence, and penetrating its total addressable market [4][3] - The company is committed to disciplined execution and driving long-term shareholder value, leveraging Bomar's expertise in cost management and operational efficiency [3][4]
Yeti (YETI) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
ZACKS· 2026-02-17 15:16
Wall Street analysts expect Yeti (YETI) to post quarterly earnings of $0.88 per share in its upcoming report, which indicates a year-over-year decline of 12%. Revenues are expected to be $583.16 million, up 5% from the year-ago quarter.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Before a company reveals its earnings, it ...
Earnings Preview: Yeti (YETI) Q4 Earnings Expected to Decline
ZACKS· 2026-02-12 16:05
The market expects Yeti (YETI) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Fe ...
YETI Holdings, Inc. Announces Reporting Date for Fourth Quarter and Fiscal 2025 Financial Results
Globenewswire· 2026-01-29 13:00
Core Viewpoint - YETI Holdings, Inc. is set to report its fourth quarter and fiscal year 2025 financial results on February 19, 2026, before market opening, followed by a conference call to discuss the results [1]. Group 1: Financial Reporting - YETI will announce its financial results for Q4 and fiscal year 2025 on February 19, 2026 [1]. - A conference call will be held at 8:00 a.m. ET on the same day to discuss the financial results [1]. Group 2: Participation Details - Investors and analysts can join the call by dialing 800-717-1738 (international callers: 646-307-1865) about 10 minutes before the call starts [2]. - A live webcast of the conference call will be available on YETI's investor relations website [2]. Group 3: Replay Information - A recorded replay of the call will be accessible shortly after the call and will remain available until March 5, 2026 [3]. - The telephone replay can be accessed by dialing 844-512-2921 (international callers: 412-317-6671) with the access code 1110189 [3]. - A replay of the webcast will be available within two hours after the call and will remain on the website for 90 days [3]. Group 4: Company Overview - YETI Holdings, Inc. is headquartered in Austin, Texas, and specializes in designing, retailing, and distributing innovative outdoor products [4]. - The company offers a range of products including coolers, drinkware, bags, and apparel, catering to various outdoor activities [4]. - YETI has established a strong brand loyalty among outdoor enthusiasts and consumers who value high-quality products [4].
Yeti Holdings: Is the Post-Q3 Rally Pricing in Margin Recovery?
The Motley Fool· 2026-01-26 10:00
Core Viewpoint - Yeti Holdings' stock has increased by 44% since reporting Q3 2025 earnings, despite a significant decline in gross margins and operating margins, indicating market optimism about the company's future potential [1]. Financial Performance - Yeti's stock is currently trading at approximately $48 per share, nearing levels not seen since December 2023 [1]. - The company reported a gross margin decline from 58.2% to 55.9% and adjusted operating margins at 13.7%, the lowest in years [1]. - Current gross margin stands at 57.79% [2]. Market Dynamics - The decline in gross margin is attributed to tariff impacts on China-sourced goods and a shift in product mix, with higher-margin drinkware sales declining by 4% while lower-margin coolers grew by 12% [5][6]. - Drinkware now constitutes about 54% of sales, down from previous levels, while coolers account for 44% [6]. Supply Chain and Manufacturing - Yeti is reducing its reliance on Chinese manufacturing, projecting that exposure will be less than 5% of cost of goods sold by 2026 [5]. - The company is diversifying its supply chain across countries like Vietnam, the Philippines, and Mexico [5]. Growth Opportunities - Direct-to-consumer sales have increased from 8% to 60% of total revenue over the past decade, providing a scalable platform for growth [8]. - International sales grew by 14% in Q3 2025, now representing about 20% of revenue, with significant growth potential in Asia [9]. Strategic Initiatives - Yeti is targeting new customer segments beyond outdoor enthusiasts, including partnerships in sports and entertainment [10]. - The company has acquired Helimix for $38 million to expand into the sports nutrition market [10]. Competitive Landscape - Competition in the drinkware segment has intensified, with rivals like Stanley gaining market share among younger consumers [11]. - The domestic tumbler category shows signs of saturation, which may prolong pressure on gross margins [11]. Financial Health and Shareholder Returns - Yeti has repurchased $150 million of stock in Q3 2025 and raised its buyback target for the year from $200 million to $300 million, indicating strong cash generation [13]. - The company expects to generate $200 million in free cash flow for 2025 and has a solid balance sheet with approximately $90 million in net cash [14]. Valuation - At around $48 per share, Yeti trades at about 19.5 times management's 2025 earnings and free cash flow expectations, which is considered reasonable given the company's growth potential [15].
Buy 4 Outdoor Industry Stocks to Enhance Your Portfolio Returns
ZACKS· 2026-01-16 15:31
Industry Overview - The outdoor industry encompasses recreation, wellness, and lifestyle experiences focused on nature and activities away from home, including outdoor gear, apparel, recreational vehicles, and related services [2] - The industry is experiencing steady demand driven by shifting consumer values towards health, sustainability, and experience-driven living, appealing to various age groups and regions [3] Company Highlights Deckers Outdoor Corp. (DECK) - Deckers Outdoor is experiencing strong momentum, particularly from its HOKA and UGG brands, with HOKA expected to grow in the low-teens percentage range and UGG in the low-to-mid single digits, each projected to exceed $2.5 billion in annual sales [7] - The company anticipates year-over-year increases of 13.1% for HOKA and 4.7% for UGG in fiscal 2026, supported by international expansion and operational efficiency [8] - DECK has an expected revenue growth rate of 7.7% and earnings growth rate of 1.3% for the current year [8] Planet Fitness Inc. (PLNT) - Planet Fitness is benefiting from solid franchise growth, with 35 new club openings in Q3 2025, bringing the total to 2,795 locations [11] - The company focuses on digital transformation to enhance member engagement and operational efficiency, with an expected revenue growth rate of 11.1% and earnings growth rate of 17.1% for the current year [12] Pool Corp. (POOL) - Pool Corp. is likely to benefit from steady maintenance demand and healthy remodeling activity, bolstered by its market-leading position and enhanced digital capabilities through the POOL360 platform [13][14] - The company has an expected revenue growth rate of 3.4% and earnings growth rate of 6.6% for the current year [15] YETI Holdings Inc. (YETI) - YETI designs and markets products for outdoor activities, targeting various categories such as hunting, fishing, and camping [16] - The company has an expected revenue growth rate of 4.7% and earnings growth rate of 14.1% for the current year [17]
YETI Holdings, Inc. Announces Participation in the 28th Annual ICR Conference
Globenewswire· 2025-12-30 13:00
Core Viewpoint - YETI Holdings, Inc. will host investor meetings at the 28th Annual ICR Conference in Orlando, FL on January 12, 2026 [1] Company Overview - YETI Holdings, Inc. is headquartered in Austin, Texas and is a global designer, retailer, and distributor of innovative outdoor products [2] - The product range includes coolers, drinkware, bags, and apparel, designed to meet the needs of various outdoor activities [2] - YETI has established a strong following among brand loyalists, including serious outdoor enthusiasts and consumers who value high-quality products [2] - The company is committed to the outdoor and recreation communities, focusing on building superior products for outdoor enjoyment [2]
2 stocks to buy ahead of the 2026 World Cup, according to AI
Finbold· 2025-12-10 12:17
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]