Every material Form 8-K Yeti has filed with the SEC since May 09, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
YETI reported fiscal second quarter 2026 net sales up 9% to $483.9 million, and GAAP diluted EPS up 54% to $0.94. The company raised its 2026 adjusted EPS outlook to $2.94 to $3.00 from $2.83 to $2.89, while adjusted operating income fell 7% in the quarter. Results include a $45.6 million IEEPA tariff refund benefit, and the company repurchased $130.0 million of shares.
Net sales rose 9% to $483.9 million; GAAP diluted EPS rose 54% to $0.94, including an approximately $0.40 net tariff benefit.
Adjusted EPS rose 2% to $0.67; adjusted operating income fell 7% to $68.2 million.
2026 adjusted EPS outlook raised to $2.94 to $3.00; 2026 sales growth outlook maintained at 7% to 8%.
Repurchased 2.8 million shares for $130.0 million; about $370.0 million remained under the $500 million authorization as of July 4, 2026.
YETI reported first quarter 2026 sales up 8% to $380.4 million, while diluted EPS fell 35% to $0.13 from $0.20 and adjusted EPS fell 16% to $0.26, including a $0.09 unfavorable net impact from incremental tariffs. The company raised its 2026 adjusted EPS outlook to $2.83 to $2.89 and increased its share repurchase authorization to $500 million, which matters to shareholders because the earnings forecast rose and buyback capacity expanded even though profit declined in the quarter.
Q1 2026 net sales rose 8% to $380.4 million; wholesale sales rose 19% to $183.6 million, while direct-to-consumer sales were flat at $196.8 million
Diluted EPS fell 35% to $0.13 from $0.20; net income fell 41% to $9.9 million; operating income margin was 3.3%
2026 adjusted EPS outlook raised to $2.83 to $2.89, up from $2.77 to $2.83; sales growth outlook low end raised to 7% to 8%
Board increased share repurchase authorization to $500 million available as of May 14, 2026; outlook includes $100 million in expected 2026 repurchases
YETI reported fourth quarter and full year 2025 results on February 19, 2026, with sales up 7% in the quarter and 2% for the year. Adjusted earnings per share fell in both periods, with tariff costs cited as a $0.15 hit in the quarter and $0.35 for the year. The company expects 2026 adjusted sales to grow 6% to 8% and adjusted EPS of $2.77 to $2.83, which would be a 12% to 14% increase.
Q4 2025 net sales rose 7% to $583.7 million; international sales rose 25% to $135.9 million.
Q4 adjusted EPS fell 8% to $0.92 from $1.00, while GAAP EPS rose 17% to $0.74 from $0.63.
Full year 2025 adjusted EPS fell 9% to $2.48 from $2.73; full year sales rose 2% to $1,868.5 million.
For 2026, YETI expects adjusted sales growth of 6% to 8%, adjusted EPS of $2.77 to $2.83, and free cash flow of $200 million to $225 million.
YETI Holdings announced that Scott Bomar, previously Senior Vice President of Finance at The Home Depot, will become Senior Vice President, Chief Financial Officer and Treasurer effective February 23, 2026, and will also serve as principal accounting officer. Current CFO Michael McMullen's role ends on the same date; he will serve as a consultant until May 31, 2026, and the filing discloses no financial results.
Scott Bomar's annual base salary is $725,000, with a 2026 short-term incentive target of 100% of base and a long-term incentive target of 250% of base.
Bomar receives a $500,000 sign-on bonus, sign-on RSUs valued at $2,500,000 (time-based) and $1,000,000 (performance-based), and a $100,000 relocation bonus.
Michael McMullen, who was informed on February 13, 2026 that his role would end, will receive Senior Leadership Severance Benefits Plan benefits and consulting fees of $10,000 per month, $30,000 in total, through May 31, 2026.
YETI reported third-quarter 2025 net sales up 2% to $487.8 million, while diluted EPS fell 27% to $0.48 as gross margin and operating expenses weighed on profit. The company raised its 2025 adjusted sales and adjusted EPS outlook and increased its share repurchase target to $300 million from $200 million.
Q3 net sales rose 2% to $487.8 million; diluted EPS fell 27% to $0.48 from $0.66 a year earlier
Adjusted EPS fell 14% to $0.61, including a $0.14 unfavorable net impact from higher tariff costs
2025 adjusted sales growth outlook raised to 1% to 2% from flat to up 2%; adjusted EPS outlook $2.38 to $2.49 versus $2.34 to $2.48 previously
Share repurchase target raised to $300 million from $200 million; free cash flow outlook of approximately $200 million
YETI reported second-quarter 2025 net sales of $445.9 million, down 4% from a year earlier, while GAAP diluted EPS rose 3% to $0.61 and adjusted EPS fell 6% to $0.66. The company raised its 2025 adjusted EPS outlook to $2.34 to $2.48 from $1.96 to $2.02, but modestly lowered its adjusted sales outlook and expects about $200 million in 2025 share repurchases. The mix matters to shareholders because sales and adjusted profit declined in the quarter while full-year profit guidance improved.
Q2 net sales fell 4% to $445.9 million; U.S. sales fell 5% to $367.8 million and international sales rose 2% to $78.1 million.
Q2 adjusted operating income fell 9% to $73.2 million; the company cited higher technology expenses and tariff costs.
2025 adjusted EPS outlook raised to $2.34 to $2.48 from $1.96 to $2.02; adjusted sales outlook now flat to up 2%, from 1% to 4%.
Repurchased $23.0 million of stock in Q2 and expects about $200 million in 2025 repurchases; acquired shaker bottle assets for $38 million in August 2025.
YETI Holdings disclosed that director Robert A. Katz resigned from its Board of Directors, effective June 27, 2025, to focus on his role as CEO of Vail Resorts. The filing states the resignation was not due to any dispute or disagreement with the company, its management, or the board on operations, policies or practices.
Robert A. Katz gave notice of resignation on June 26, 2025, effective June 27, 2025.
Stated reason: focus on his role as Chief Executive Officer at Vail Resorts.
Filing states no dispute or disagreement with YETI, its management, or the board.
YETI reported first-quarter 2025 net sales up 3% to $351.1 million and GAAP earnings per diluted share up 11% to $0.20, while adjusted EPS fell 9% to $0.31. The company cut its fiscal 2025 adjusted EPS outlook to $1.96-$2.02 from $2.90-$2.95, citing higher tariff costs and supply disruptions, and lowered its free cash flow outlook to $100 million-$125 million from $200 million.
Q1 net sales rose 3% to $351.1 million; Coolers & Equipment sales rose 17% to $140.2 million while Drinkware fell 4% to $205.6 million.
Adjusted operating income fell 11% to $35.2 million, or 10.0% of adjusted sales, versus $39.6 million a year earlier.
2025 outlook: adjusted sales growth of 1% to 4% (previously 5% to 7%) and adjusted operating margin of about 12.0% (previously 16.9%).
Free cash flow outlook cut to $100 million-$125 million from $200 million; cash was $259.0 million at quarter end.
YETI Holdings entered a Cooperation Agreement with activist investor Engaged Capital on March 14, 2025, under which the Board will appoint Arne Arens and J. Magnus Welander as directors, effective March 24, 2025. Engaged Capital's notice to nominate two director candidates at the 2025 annual meeting is deemed withdrawn, and the firm agreed to standstill limits and to vote with the Board's recommendations, which shareholders may view as reducing the risk of a proxy contest.
March 14, 2025: YETI entered a Cooperation Agreement with Engaged Capital, LLC and affiliates.
Arne Arens and J. Magnus Welander join the Board effective March 24, 2025; the Board grows to 10 members, nine of them independent.
Engaged Capital's February 4, 2025 notice to nominate two director candidates for the 2025 annual meeting is deemed withdrawn.
Engaged Capital is subject to standstill limits, including a cap of 9.9% beneficial ownership, and agreed to vote with the Board's slate.
YETI reported fourth-quarter and full-year 2024 results, with net sales up 5% in the quarter and 10% for the year. Fourth-quarter GAAP earnings per share fell 30%, and the quarter included a $9.9 million unfavorable recall reserve adjustment. The board also approved a $350 million increase to the share repurchase program and the company gave a 2025 adjusted EPS outlook of $2.90 to $2.95.
Q4 2024 net sales rose 5% to $546.5 million; GAAP EPS fell 30% to $0.63, while adjusted EPS rose 11% to $1.00
Full-year 2024 net sales rose 10% to $1,829.9 million; full-year GAAP EPS rose 6% to $2.05
Board approved a $350 million increase to the share repurchase program; $450 million remains available
Fiscal 2025 outlook: adjusted sales up 5% to 7% and adjusted EPS of $2.90 to $2.95, including an FX headwind of about $0.10
YETI Holdings entered an accelerated share repurchase agreement with Goldman Sachs & Co. LLC on November 12, 2024, to buy back $100 million of its common stock using existing cash on hand. The company expects to receive initial delivery of about 1.9 million shares on November 14, 2024, with the final share count set by the stock's volume-weighted average price over the agreement's term, less a discount.
Company pays $100 million to Goldman Sachs on November 14, 2024
Initial delivery of approximately 1.9 million shares expected the same day
Final settlement scheduled for the first quarter of 2025, subject to adjustments and early termination limits
YETI reported fiscal third-quarter 2024 results for the period ended September 28, 2024. Net sales rose 10% to $478.4 million, GAAP diluted EPS rose 35% to $0.66, and adjusted EPS rose 18% to $0.71. The company narrowed its fiscal 2024 adjusted EPS outlook to approximately $2.65, the high end of its prior $2.61 to $2.65 range.
Q3 net sales rose 10% to $478.4 million; Direct-to-consumer sales rose 8% to $280.8 million and wholesale rose 14% to $197.6 million.
Diluted EPS rose 35% to $0.66 (GAAP) and adjusted EPS rose 18% to $0.71 for the quarter.
Fiscal 2024 adjusted EPS outlook is approximately $2.65, versus a previous range of $2.61 to $2.65; adjusted sales growth outlook is approximately 9%.
Capital expenditures outlook was set at approximately $50 million, versus a previous range of $50 million to $60 million.
YETI reported second-quarter 2024 net sales up 15% to $463.5 million, or 9% on an adjusted basis that excludes a 2023 recall reserve adjustment, and GAAP diluted EPS of $0.59, up from $0.44. The company raised its fiscal 2024 adjusted sales growth outlook to 8% to 10% and its adjusted EPS outlook to $2.61 to $2.65, which matters to shareholders because it signals higher expected profit for the year.
Net sales rose 15% to $463.5 million; adjusted net sales rose 9% after excluding the $24.5 million unfavorable recall reserve impact in the prior-year quarter.
GAAP diluted EPS was $0.59 versus $0.44; adjusted EPS was $0.70 versus $0.57.
Fiscal 2024 adjusted EPS outlook raised to $2.61 to $2.65, from $2.49 to $2.62 previously.
Cash was $212.9 million at June 29, 2024, and $200 million remained under the share repurchase program.
At its May 7, 2024 annual meeting, YETI stockholders approved the 2024 Equity and Incentive Compensation Plan, which allows up to 3,500,000 shares of common stock to be granted, and elected Alison Dean and Robert Katz as Class III directors for terms ending at the 2027 annual meeting. Stockholders also approved the company's named executive officer pay in an advisory vote and ratified PricewaterhouseCoopers LLP as the independent auditor for fiscal 2024.
Equity plan: up to 3,500,000 shares authorized; 74,702,470 votes for and 2,129,640 against
Directors: Alison Dean received 40,906,504 votes for and 35,974,600 withheld; Robert Katz received 59,759,631 for and 17,121,473 withheld
Advisory say-on-pay vote: 73,168,944 for and 3,662,784 against
Auditor: PricewaterhouseCoopers LLP ratified for fiscal year ending December 28, 2024 (78,323,649 for and 2,018,722 against)
YETI reported first-quarter 2024 net sales up 13% to $341.4 million, with GAAP diluted EPS up 50% to $0.18 and adjusted EPS up 89% to $0.34. The company kept its full-year sales outlook and raised its adjusted EPS outlook to $2.49 to $2.62 from $2.45 to $2.50, citing gross margin gains and a $100 million accelerated share repurchase.
Net sales rose 13% to $341.4 million; International sales rose 32% and U.S. sales rose 9%.
GAAP net income rose 50% to $15.9 million; adjusted net income rose 89% to $29.3 million.
Fiscal 2024 adjusted net income per diluted share outlook raised to $2.49 to $2.62 from $2.45 to $2.50; adjusted sales outlook of 7% to 9% growth unchanged.
Completed a $100 million accelerated share repurchase with Goldman Sachs; $200 million remained under the program as of March 30, 2024.
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