YETI Fiscal Q3 Adjusted Earnings, Net Sales Rise

MT Newswires Live11-12 19:50

YETI (YETI) reported fiscal Q3 adjusted net income Thursday of $0.91 per diluted share, up from $0.61 a year earlier.

Analysts polled by FactSet expected $0.84.

Net sales for the quarter ended Oct. 3 were $509.4 million, up from $487.8 million a year earlier.

Analysts expected $523.1 million.

The company lowered its fiscal 2026 adjusted diluted EPS guidance to $2.90 to $2.95 from a prior outlook of $2.94 to $3.00. Analysts expect $2.98. YETI also reduced its fiscal 2026 adjusted sales growth guidance to 6%, from the previous guidance of 7% to 8%. Analysts expect $2.01 billion.

Shares of the company were down more than 10% in premarket activity on Thursday.

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