Every material Form 8-K Yeti filed with the SEC in 2025, 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 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
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Yeti filing is on SEC EDGAR ↗. 8-K briefs of other companies →