YETI Holdings, Inc. — Third Quarter 2026 Earnings Summary

YETI Holdings reported third-quarter 2026 net sales of $509.4 million, a 4% increase year-over-year, while adjusted sales rose 6% to $517.9 million. Adjusted earnings per share grew 49% to $0.91, driven by an 180 basis point expansion in gross margin and a 35% increase in adjusted operating income to $90.0 million. The company updated its full-year 2026 outlook, lowering adjusted sales growth expectations to approximately 6% and adjusted EPS guidance to a range of $2.90 to $2.95 due to a cautious consumer environment. Additionally, YETI repurchased approximately 0.5 million shares for $20 million during the quarter and maintains strong liquidity with cash exceeding total debt.