YETI (NYSE:YETI) Issues FY 2026 Earnings Guidance

YETI (NYSE:YETI) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 2.940-3.000 for the period, compared to the consensus estimate of 2.800. The company issued revenue guidance of $2.0 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion.

YETI Trading Down 10.4%

Shares of NYSE:YETI opened at $45.55 on Friday. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.10 and a quick ratio of 1.06. YETI has a 1 year low of $31.66 and a 1 year high of $53.99. The company has a market cap of $3.45 billion, a P/E ratio of 23.24, a PEG ratio of 1.60 and a beta of 1.72. The stock’s fifty day moving average price is $49.75 and its 200-day moving average price is $44.72.

YETI (NYSE:YETI) last released its quarterly earnings data on Thursday, August 13th. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.54 by $0.13. YETI had a return on equity of 22.61% and a net margin of 8.36%.The company had revenue of $483.87 million during the quarter, compared to the consensus estimate of $483.80 million. During the same period last year, the company earned $0.66 EPS. YETI’s revenue for the quarter was up 8.5% on a year-over-year basis. YETI has set its FY 2026 guidance at 2.940-3.000 EPS. Sell-side analysts expect that YETI will post 2.44 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have recently commented on YETI shares. Piper Sandler lifted their price target on shares of YETI from $54.00 to $58.00 and gave the stock an “overweight” rating in a research note on Monday. Wall Street Zen upgraded shares of YETI from a “hold” rating to a “buy” rating in a research report on Saturday, July 4th. The Goldman Sachs Group upgraded shares of YETI from a “neutral” rating to a “buy” rating and raised their target price for the stock from $46.00 to $63.00 in a report on Monday, July 20th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $80.00 target price on shares of YETI in a research report on Thursday. Finally, Morgan Stanley set a $45.00 target price on shares of YETI in a research report on Tuesday, June 23rd. Ten investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, YETI presently has an average rating of “Moderate Buy” and a consensus target price of $55.31.

YETI News Summary

Here are the key news stories impacting YETI this week:

• Positive Sentiment: YETI reported second-quarter adjusted earnings of $0.67 per share, above estimates of approximately $0.54–$0.55, while revenue rose about 8.5% to $483.9 million, essentially in line with forecasts. The company cited broad-based sales strength. YETI Reports Second Quarter 2026 Results
• Positive Sentiment: Management raised fiscal 2026 adjusted EPS guidance to $2.94–$3.00, above the prior consensus estimate of $2.80, and lifted its gross-margin outlook to 57.5%–58%. Revenue guidance remains approximately $2.0 billion. YETI 2026 Guidance
• Positive Sentiment: YETI plans to return $130 million to shareholders through share repurchases and announced an investor day for September 17, providing potential support for per-share results and future investor visibility. Share Repurchases and Investor Day
• Neutral Sentiment: Brokerages collectively maintain a “Moderate Buy” rating, indicating generally constructive analyst sentiment, although the rating may already be reflected in the stock’s valuation. YETI Consensus Rating
• Negative Sentiment: The stock plunged after the earnings release even with the profit beat and higher guidance. The selloff indicates that investors may have expected stronger results or viewed the outlook as insufficient relative to prior expectations. YETI Stock Selloff
• Negative Sentiment: Recent discounts on YETI products, including the new Venom Collection, could raise questions about demand, inventory, or the sustainability of pricing power, even though management reported improved gross-margin expectations. YETI Product Discounts

Hedge Funds Weigh In On YETI

Several institutional investors have recently made changes to their positions in the business. Quarry LP bought a new stake in YETI during the third quarter valued at approximately $30,000. Safe Harbor Fiduciary LLC purchased a new stake in YETI during the fourth quarter valued at approximately $41,000. Meeder Asset Management Inc. bought a new position in YETI in the fourth quarter worth approximately $44,000. Headlands Technologies LLC bought a new position in YETI in the second quarter worth approximately $52,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of YETI during the 3rd quarter worth $53,000.

About YETI

YETI Holdings, Inc is an American outdoor and lifestyle products company known for its premium, performance-driven coolers, drinkware and accessories. The company’s portfolio includes hard coolers under its flagship Tundra series, soft coolers in the Hopper line, and vacuum-insulated drinkware sold under the Rambler brand. YETI’s products are engineered for durability, temperature retention and rugged outdoor use, targeting consumers ranging from avid anglers and hunters to outdoor enthusiasts and everyday users seeking high-quality insulated containers.

Founded in 2006 by brothers Roy and Ryan Seiders in Austin, Texas, YETI began with a focus on building a better cooler that could withstand extreme conditions and maintain ice retention longer than traditional alternatives.