Yeti Holdings ( (YETI) ) has released its Q3 earnings. Here is a breakdown of the information Yeti Holdings presented to its investors.
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YETI Holdings, Inc., headquartered in Austin, Texas, is a global designer and distributor of innovative outdoor products, including coolers, drinkware, bags, and apparel, known for their high performance and quality. In its third quarter of 2025, YETI reported a 2% increase in net sales, driven by a strong performance in its Coolers & Equipment segment, despite a decline in Drinkware sales. International sales saw a significant rise of 14%, while U.S. sales experienced a slight decrease. The company also increased its share repurchase target to $300 million for the year. Key financial metrics showed a decrease in earnings per share by 27% and a 30% drop in net income, attributed to higher tariff costs and a cautious retail environment. Despite these challenges, YETI’s direct-to-consumer sales grew by 3%, and the company continues to expand its global footprint, particularly in Europe and Australia. Looking ahead, YETI remains optimistic about its long-term growth strategy, focusing on product innovation and international expansion. The company expects to continue its supply chain transformation and maintain strong cash flow generation, aiming to deliver sustainable growth and enhance shareholder value.