YETI (NYSE:YETI) Posts Quarterly Earnings Results, Beats Estimates By $0.07 EPS

YETI (NYSE:YETI) issued its earnings results on Thursday. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.84 by $0.07, FiscalAI reports. YETI had a net margin of 9.24% and a return on equity of 23.79%. The company had revenue of $517.93 million during the quarter, compared to analysts’ expectations of $523.07 million. During the same period in the previous year, the company earned $0.48 EPS. The business’s revenue for the quarter was up 4.4% compared to the same quarter last year.

Here are the key takeaways from YETI’s conference call:

• YETI lowered its full-year adjusted sales growth outlook to approximately 6%, from 7%–8%, citing softer demand and a more deal-focused consumer. Management expects demand to remain pressured in Q4.
• Third-quarter adjusted sales rose 6% to approximately $518 million, while adjusted gross margin expanded 310 basis points to 59%. Adjusted operating income increased 35% and adjusted diluted EPS rose 49% to $0.91.
• International sales increased 19% and wholesale sales grew 19%, led by strength in Europe and Australia. DTC declined 3%, partly reflecting the Prime Day timing shift and comparisons with prior-year product restocking.
• Drinkware growth faced an estimated 500-basis-point drag from concentrated SKUs in Q3, with a roughly 600-basis-point impact expected for the full year; management expects this pressure to largely ease in 2027. YETI cited more than 50 active Project Upcycle initiatives and ongoing product innovation as longer-term growth and productivity opportunities.

YETI Trading Down 10.4%

Shares of YETI stock opened at $38.33 on Friday. The firm has a market capitalization of $2.80 billion, a PE ratio of 16.74, a price-to-earnings-growth ratio of 1.12 and a beta of 1.63. The company has a current ratio of 1.75, a quick ratio of 0.87 and a debt-to-equity ratio of 0.16. The firm’s 50 day moving average is $42.13 and its 200 day moving average is $43.88. YETI has a 1 year low of $34.90 and a 1 year high of $53.99.

More YETI News

Here’s some of the latest news about YETI:

• Negative Sentiment: Revenue fell short of analysts’ expectations of about $523 million, coming in at roughly $518 million, even as it grew 4% year over year. YETI Stock Slides After Q3 Revenue Miss
• Negative Sentiment: YETI lowered its 2026 adjusted sales-growth outlook to about 6%, from 7%–8%, citing consumer caution. Its updated adjusted EPS outlook is $2.90–$2.95. The softer forecast raises concerns about demand heading into the holiday season. Yeti Cuts Year Outlook on Consumer Caution
• Negative Sentiment: Piper Sandler downgraded YETI from “overweight” to “neutral” and cut its price target from $58 to $39, signaling reduced analyst confidence and limited implied upside from the cited share price. Piper Sandler stock recommendations

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on YETI shares. Roth Capital reissued a “buy” rating and issued a $62.00 price objective on shares of YETI in a research note on Friday, August 14th. Morgan Stanley cut their target price on YETI from $49.00 to $48.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 27th. Weiss Ratings raised YETI from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 21st. Canaccord Genuity Group lifted their price target on YETI from $45.00 to $46.00 and gave the company a “hold” rating in a research note on Monday, September 28th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $80.00 price target on shares of YETI in a research note on Thursday, August 13th. Eleven investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $53.93.

About YETI

YETI Holdings, Inc. designs, markets and distributes premium outdoor products. Founded in 2006 by brothers Roy and Ryan Seiders, the company is headquartered in Austin, Texas. Its product lineup includes hard and soft coolers, insulated drinkware, bags, outdoor and camping equipment, and related accessories. YETI sells through its website, company-operated stores and a network of retail partners. The company serves customers in the United States and international markets, including Canada, Europe, Australia and parts of Asia.