Yeti Holdings Reports 2% Net Sales Increase in Q3 2025

Reuters11-06
Yeti Holdings Reports 2% Net Sales Increase in Q3 2025

Yeti Holdings Inc. reported third quarter 2025 net sales of $487.8 million, a 2.0% increase compared to the same period last year. International net sales grew by 14.0%, while US sales declined by 1.0%. Coolers & Equipment net sales rose by 12.0%, partially offset by a decline in Drinkware. Net income decreased by 30.0% to $39.4 million, with net income per diluted share down 27.0% to $0.48. Adjusted net income declined 18.0% to $49.6 million, and adjusted net income per diluted share fell 14.0% to $0.61, including a $0.14 unfavorable net impact from higher tariff costs. Year-to-date, Yeti repurchased 5.0 million shares for $172.9 million and increased its 2025 share repurchase target to $300 million. Direct-to-consumer channel sales increased 3.0%, primarily driven by growth in Amazon Marketplace, Corporate Sales, and Yeti retail stores. Wholesale channel sales rose 1.0%.

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