Yeti FY26 Q2 EPS rises 54% to $0.94; net sales increase 9% to $483.9 million
YETI•Buybacks and updated full-year outlook
Yeti repurchased 2,800,000 shares for $130 million; $370 million remained under the buyback authorization.
The company maintained its full-year net sales growth view of 7%-8% and raised its adjusted EPS outlook to $2.94-$3.00.
Yeti reports higher second-quarter sales and earnings
Yeti posted second-quarter net sales up 9% to $483.9 million, driven by 16% Coolers & Equipment growth and 19% international growth.
GAAP EPS rose 54% to $0.94 as GAAP gross margin widened 8.9 percentage points to 66.7%.
Net income increased 39% to $71.3 million, including an approximately $0.40 per-share net tariff benefit from IEEPA refunds.
Related News
Brookfield Wealth Solutions Q2 FY26 GAAP net income drops to US$149 million; non-GAAP distributable operating earnings rise to US$488 million
BNT•
Alliance Laundry Q2 FY26 net income more than doubled to $69 million; revenue rises 7% to $477 million
ALH•
