YETI cuts 2025 adjusted EPS outlook to $1.96-$2.02 on tariffs; Q1 sales rise 3%
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.
Key points
- 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.
The filing
Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 08, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.