YETI Holdings Q1 Revenue Rises 8% to $380.4M, EPS Misses at $0.13
YETI•YETI reported Q1 revenue of $380.41 million, up 8% year-over-year, driven by 19% wholesale and 11% coolers growth, while EPS fell to $0.13, missing estimates of $0.17. The company raised its 2026 sales growth forecast to 7–8%, increased full-year EPS outlook to $2.83–$2.89, and authorized a $500 million buyback.
1. Q1 Financial Results
YETI reported first-quarter revenue of $380.41 million, an 8% increase driven by a 19% rise in wholesale and 11% growth in Coolers & Equipment. EPS declined to $0.13, a 35% drop from last year due to tariff headwinds and missing consensus estimates of $0.17.
2. Updated 2026 Guidance and Buyback
The company raised its full-year sales growth forecast to 7%–8% and lifted its EPS outlook to $2.83–$2.89. Management also authorized a $500 million share repurchase program to return capital to shareholders and support long-term value.
3. Financial Health Metrics
YETI enters the period with a price-to-earnings ratio of 19.28 and a debt-to-equity ratio of 0.24, reflecting conservative leverage, strong balance sheet health and flexibility for future investments.
