Outdoor products retailer Yeti Holdings beats Q2 adjusted EPS estimates, sets share buyback

YETI Holdings

07/08/2025 11:08

Overview

Yeti Q2 sales fell 4%, missing analyst expectations, per LSEG data

Adjusted EPS rose 6%, beating analyst expectations, per LSEG data

Co targets $200 mln in share repurchases for 2025

Outlook

YETI raises 2025 EPS outlook to $2.34-$2.48

Company expects flat to 2% adjusted sales growth for 2025

YETI plans $200 mln in share repurchases for 2025

Company forecasts 2025 free cash flow between $150 mln and $200 mln

Result Drivers

PROMOTIONAL MARKET - Net sales decreased 4% due to a more promotional drinkware market environment and cautious consumer behavior

SUPPLY CHAIN TRANSITION - Inventory constraints driven by supply chain transition impacted sales

INTERNATIONAL GROWTH - Strong international sales growth in Europe and Japan contrasted with U.S. sales decline

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Miss
$445.90 mln
$461.70 mln (15 Analysts)
Q2 Adjusted EPS
Beat
$0.66
$0.55 (16 Analysts)
Q2 Adjusted Net Income
Beat
$55.20 mln
$47.30 mln (14 Analysts)
Q2 Net Income
$51.20 mln
Q2 Adjusted Operating Income
Beat
$73.20 mln
$62.90 mln (13 Analysts)
Q2 Operating Income
$62 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 11 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the recreational products peer group is "buy"

Wall Street's median 12-month price target for Yeti Holdings Inc is $34.00, about 7.1% below its August 6 closing price of $36.43

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nBw3yD0g7a

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)