YETI Earnings Preview: Revenue Expected to Flatline, EPS Guidance Misses Analysts' Expectations

YETI is set to announce Q2 earnings on Thursday. Analysts expect revenue to be flat YoY at $462.8 million, with adjusted earnings of $0.55 per share. The company has missed Wall Street's revenue estimates twice in the last two years. YETI's peers in the leisure products segment have reported mixed results, with Polaris beating estimates and Brunswick missing them. YETI's share price is up 16.1% in the last month, and the average analyst price target is $35.53.

YETI Holdings, Inc. (NYSE: YETI) is set to announce its Q2 earnings on Thursday, with analysts expecting revenue to be flat year-over-year (YoY) at $462.8 million, and adjusted earnings of $0.55 per share [1]. This marks a significant shift from the 8.5% revenue growth recorded in the same quarter last year.

The outdoor lifestyle products company has had a mixed performance over the past two years, missing Wall Street's revenue estimates twice. However, it did beat analysts' adjusted operating income estimates in the last quarter. In the current quarter, analysts have reconfirmed their estimates, suggesting they anticipate the business to stay on track heading into earnings [1].

YETI's peers in the leisure products segment have reported mixed results. Polaris, Inc. (PLR) reported a 5.6% YoY revenue decrease but beat analysts' expectations by 9.2%, while Brunswick Corporation (BC) reported flat revenue, topping estimates by 16.4% [1]. Polaris traded up 17% following the results, while Brunswick was down 6%.

Investors in the leisure products segment have had steady hands going into earnings, with share prices up 1.6% on average over the last month. YETI is up 16.1% during the same time and is heading into earnings with an average analyst price target of $35.53 (compared to the current share price of $37.38) [1].

Analysts' ratings for YETI are mixed, with five issuing a buy rating and ten a hold rating. The consensus rating is "Hold" with an average target price of $39.47 [3].

Institutional investors have also made changes to their positions in YETI. Federated Hermes Inc. reduced its position by 31.1% during the first quarter, while Migdal Insurance & Financial Holdings Ltd., Aster Capital Management DIFC Ltd., Pilgrim Partners Asia Pte Ltd., GeoWealth Management LLC, and Headlands Technologies LLC purchased new stakes in the company [3].

The company's latest earnings report showed an EPS of $0.31, surpassing expectations, alongside a year-over-year revenue increase of 2.8% to $351.13 million [3]. YETI's revenue for the quarter was up 2.8% on a year-over-year basis, and the company had a net margin of 9.59% and a return on equity of 26.48% [3].

YETI Holdings, Inc. designs, retails, and distributes products for the outdoor and recreation market under the YETI brand. The company offers a wide range of products, including coolers, backpacks, duffel bags, and camping gear [3].

References:
[1] https://finance.yahoo.com/news/yeti-earnings-look-yeti-030554546.html
[2] https://finance.yahoo.com/news/live/earnings-live-amd-rivian-lucid-snap-and-super-micro-computer-stocks-fall-after-quarterly-results-202947161.html
[3] https://www.marketbeat.com/instant-alerts/filing-federated-hermes-inc-sells-224290-shares-of-yeti-holdings-inc-nyseyeti-2025-08-02/