Q4 Net Sales Growth
Adjusted net sales of $583,700,000 in Q4, up 5% year-over-year, representing the company's strongest quarter of 2025.
Drinkware Rebound
Drinkware sales grew 6% in Q4 to $380,000,000, driven by product innovation and international demand; U.S. Drinkware was flat year-over-year but global Drinkware showed improvement.
Coolers & Equipment Momentum
Coolers & Equipment sales increased 2% to $192,000,000 with strong sell-through in soft coolers and bags (DayTrip, Camino) despite supply constraints.
International Outperformance
International sales rose 25% to $136,000,000 (23% of Q4 sales vs 20% prior year), underscoring expansion progress across Europe, Japan, Australia, Canada, and broader Asia.
Direct-to-Consumer and Wholesale Strength
DTC sales grew 5% to $394,000,000 and wholesale increased 6% to $189,000,000, reflecting broad-based growth across channels including Amazon, owned ecommerce, corporate sales, and retail stores.
Strong Cash Generation and Buybacks
Full-year free cash flow of $212,000,000 in 2025; repurchased $125,000,000 of stock in Q4 and ~$298,000,000 for the year (over 13,000,000 shares repurchased over two years, ~14% reduction in shares outstanding).
Robust 2026 Guidance
Company expects 2026 net sales growth of 6%–8%, adjusted operating income growth of 6%–8%, and adjusted EPS of $2.77–$2.83 (up ~12%–14% versus 2025) while planning $100,000,000 in additional share repurchases.
Product & Brand Momentum
Accelerating product innovation with new launches (Silo jugs, Yonder shaker, DayTrip snack boxes, Scala packs, GoBox One) and expanded Drinkware platforms; marketing delivered ~240,000,000 impressions in holiday campaign and targets ~400,000,000 for spring 2026.