Yeti publishes Q3 2026 earnings call transcript
YETI•Yeti cut its fiscal 2026 adjusted sales growth guidance to approximately 6% from 7%-8%, citing softer consumer demand. It expects adjusted diluted earnings of $2.90-$2.95 per share for the year; third-quarter adjusted sales rose 6% to approximately $518 million and adjusted diluted EPS increased 49% to $0.91.
1. Updated guidance
Yeti lowered its fiscal 2026 adjusted sales growth outlook to approximately 6% from 7%-8%, citing softer consumer demand. It now expects annual adjusted diluted earnings of $2.90-$2.95 per share, representing growth of 16%-18%.
2. Quarterly results
For the third quarter, adjusted sales rose 6% to approximately $518 million, while adjusted diluted earnings per share increased 49% to $0.91. Management also lowered its international sales growth expectations to the mid-teens from high teens to 20%, primarily reflecting a more cautious outlook for Canada.
