Q4 2025 adjusted net sales rose 5% year-over-year to $583.7M, with Drinkware up 6% and international sales up 25%, marking the strongest quarter for both categories.
Full-year 2025 net sales increased 2% to $1.87B, driven by 16% international growth and 7% growth in coolers & equipment.
Free cash flow for FY25 reached $212.1M, exceeding adjusted net income, and $297.6M in share repurchases were executed.
International sales mix grew to 21% of adjusted net sales in FY25, reflecting ongoing global expansion.
Leadership transition announced: Mike McMullen to step down as CFO, succeeded by Scott Bomar from The Home Depot.
Q4 adjusted net sales were $583.7M, up 5% year-over-year; Drinkware sales grew 6% to $380M, and Coolers & Equipment grew up to 7% to $192M.
Q4 adjusted gross profit was $341M (58.4% of sales), down 180 bps due to tariffs; adjusted operating income declined 14% to $94.7M.
Adjusted net income for Q4 was $71.8M, with adjusted EPS at $0.92, down from $1, impacted by $0.15 per share in tariffs.
Ended Q4 with $188.3M in cash and $74M in debt; inventory down 6% year-over-year.
$297.6M in share repurchases for FY25, totaling 8.2M shares.
FY26 adjusted net sales expected to grow 6–8% year-over-year, with high single- to low double-digit growth in Coolers & Equipment and mid-single-digit growth in Drinkware.
International sales projected to grow high teens to 20%; US growth expected in low to mid-single digits.
Gross margin guidance for 2026 is 56%–57%, down ~90 bps year-over-year due to tariffs; operating income margin expected at 14.4%.
Adjusted EPS for 2026 expected between $2.77 and $2.83, up 12%–14%; $100M in share repurchases planned.
Free cash flow projected at $200M–$225M; capex of $60M–$70M focused on technology, innovation, and supply chain.
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Search for any keyword across all transcripts simultaneously.
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
The easiest way to stay updated during earnings season.
All events from public companies. Live and recorded.
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
YETI is an American company that produces and sells various drinkware products and associated items for outdoor use. This includes things such as tumblers, cups, mugs, and similar products built to be tough and excel at maintaining both heat and cold. The company is headquartered in Austin, Texas, and its shares are traded on the NYSE.
YETI was founded in 2006 by brothers Roy and Ryan Seiders in Austin, Texas. The Seiders, passionate about outdoor adventures, were dissatisfied with the quality of coolers available on the market. They sought to create a cooler that was exceptionally durable and effective at keeping items cold, catering to the needs of outdoor enthusiasts. YETI's initial product, a high-end cooler, gained rapid popularity among hunters, anglers, and campers for its robustness and ability to keep content at a desired temperature. This success paved the way for expansion into a wider range of products, and today YETI has a diverse portfolio of products for sale.
YETI has built its brand through a focus on high-quality, durable products and a strong connection with its customer base. The company initially targeted serious outdoor enthusiasts, offering products that met their rigorous demands for durability and performance. This approach helped establish YETI's reputation for quality and reliability. Over time, YETI expanded its reach to a broader audience, emphasizing a lifestyle associated with adventure and the outdoors. The brand's marketing strategy includes storytelling that resonates with its customers' experiences and aspirations. Collaborations with professionals in outdoor sports and strategic social media engagement have also assisted in spurring growth.
The company’s coolers, designed for robust use, have been a key part of the brand's identity and continue to be one of its most popular products. Since the beginning, YETI’s offerings have diversified to include insulated drinkware, like tumblers and bottles, which are also focused on durability and thermal insulation. Additionally, YETI's portfolio has grown to incorporate outdoor gear such as waterproof bags, soft coolers, and other accessories like chairs and blankets, all maintaining a consistent theme of functionality and ruggedness for outdoor use. Some examples of other companies operating in a similar area include Fenix Outdoor, Vista Outdoor and Newell Brands.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage