An announcement from Yeti Holdings ( (YETI) ) is now available.
On March 14, 2025, YETI Holdings, Inc. entered into a Cooperation Agreement with Engaged Capital, LLC, leading to the appointment of J. Magnus Welander and Arne Arens to its Board of Directors, effective March 24, 2025. This move is part of YETI’s ongoing Board refreshment efforts aimed at aligning director experience with the company’s strategy and growth opportunities. The appointments, which increase the Board to 10 members, reflect YETI’s commitment to enhancing stockholder value and accelerating growth. Engaged Capital will adhere to standstill restrictions during the agreement’s term, and the cooperation is expected to support YETI’s expansion into new categories and markets, leveraging the extensive experience of the new directors.
More about Yeti Holdings
YETI Holdings, Inc., headquartered in Austin, Texas, is a global designer, retailer, and distributor of innovative outdoor products. The company offers a range of products including coolers, drinkware, bags, and apparel, catering to diverse outdoor pursuits. YETI is known for delivering high-performing and exceptional products, attracting a loyal following of outdoor enthusiasts and individuals who value quality and design.
YTD Price Performance: -14.26%
Average Trading Volume: 1,641,588
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.65B
For an in-depth examination of YETI stock, go to TipRanks’ Stock Analysis page.