What is the market's earnings forecast for YETI Holdings next quarter?

What is the revenue and EPS growth rate for YETI Holdings year over year?

What does YETI Holdings do and what are its main business segments?

What were the key takeaways from YETI Holdings’s earnings call?

What factors drove the changes in YETI Holdings's revenue and profit?

What is YETI Holdings's gross profit margin?

What were the key takeaways from YETI Holdings's earnings call?

Did YETI Holdings beat or miss consensus estimates last quarter?

- **Revenue Beat**: Q3 $487.8M (+2% YoY) vs. expectations, driven by Coolers & Equipment (+12%) and intl growth (+14%).
- **Gross Margin Pressure**: 55.9% (vs. 58.2% YoY) due to tariffs, but FY25 guide of 56.5-57% shows stabilization.
- **AI & Innovation Lead**: 30+ new products launched, including Silo Jug and Shaker Bottle. Vietnam R&D center to expand bags/soft coolers R&D.
- **Intl Expansion Acceleration**: Europe, Japan, and Asia-Pacific driving 15-20% annual growth. Q4 intl acceleration to meet FY25 target.
- **Share Buybacks**: $173M YTD, targeting $300M FY25 (14% of shares outstanding).

**【CEO Summary Section】**
- **Revenue Growth**: Q3 revenue of $487.8M (+2% YoY), driven by double-digit growth in Coolers & Equipment (+12%) and international markets (+14%).
- **Product Innovation**: 30+ new products launched in 2025, including Silo Jug, Shaker Bottle, and GoBox 1. New Vietnam innovation center to expand bags/soft coolers R&D.
- **International Expansion**: Europe (+ strong U.K. growth), Japan (270+ doors opened), and Asia (upcoming launches in Malaysia, Singapore, Philippines). Global go-to-market strategy yielding 15-20% annual intl growth.
- **AI Strategy**: Ranger AI shopping assistant, Gen AI photo-to-line-art tool, and tariff mitigation via multi-country sourcing (≤5% COGS exposed to China tariffs by end-2025).

**【CFO Financial Commentary】**
- **Top Line**: FY25 sales guidance updated to +1-2% vs. prior flat-2% range. Q3 adj. EPS $0.61 (-14% YoY) due to $0.14 tariff impact.
- **Gross Margin**: 55.9% (vs. 58.2% YoY), pressured by 320bps tariffs and Drinkware mix. FY25 gross margin expected 56.5-57%.
- **Operating Expenses**: +3% to $205.9M, driven by product dev and tech investments. FY25 OpEx growth 2-4%.
- **Free Cash Flow**: Guided to $200M vs. prior $150-200M range, supported by $173M share buybacks YTD.

**【Q&A Highlights】**
- **Tariff Impact**: FY25 $40M tariff headwind. 2026+ relief potential from China tariff reduction, but focus on diversified supply chain.
- **International Growth**: Q4 intl acceleration to meet 15-20% FY25 target. Japan, Europe, and Asia-Pacific key drivers.
- **Drinkware Recovery**: Q4 return to growth via innovation (Shaker Bottle, Silo Jug) and intl expansion. U.S. sell-through up 20%+ despite cautious wholesale sell-in.
- **AI Contribution**: Ranger AI boosted Q3 adj. share of voice #1 on major AI platforms. Marginal accretion expected in 2026.


YETI Holdings, Inc. (YETI) Q3 2025 Earnings Call Transcript

Revenue

Sales and Services Revenue

Financing Services Revenue

Other Revenue

Cost of Revenue

Cost of Goods and Services

Cost of Financing Services

Other Cost

Gross Profit

Other Operating Income

Operating Expenses

Selling, General and Administrative Expenses

Selling and Marketing Expenses

General and Administrative Expenses

Research and Development Expenses

Loss on Bad Debts

Loss on Impairment of Other Assets

Loss on Disposal of Assets

Other Operating Expenses

Operating Income

Non-Operating Income (Loss)

Income (Loss) from Affiliates

Income (Loss) from Associates

Income (Loss) from Joint ventures

Gain (Loss) on Other Investment

Gain (Loss) on Change in Fair Value

Gain (Loss) on Foreign Currency Exchange

Other Non-Operating Income (Loss)

Net Interest Expense

Interest Expense

Interest Income

Pretax Income From Continuing Operations

Income Tax Expense

Current Income Tax

Deferred Income Tax

Income Tax Adjustments

Net Income from Continuing Operations

Income from Discontinued Operations

Other Items Before Net Income

Net Income

Net Income Attributable to Minority Interests

Net Income Attributable to Owners of the Company

Preferred Stock Dividends

Other Adjustments

Net Income Attributable to Common Stockholders

Other Comprehensive Income

Total Comprehensive Income

Total Comprehensive Income Attributable to Minority Interests

Total Comprehensive Income Attributable to Owners of the Company

Basic EPS

Basic EPS from Continuing Operations

Basic EPS from Discontinued Operations

Diluted EPS

Diluted EPS from Continuing Operations

Diluted EPS from Discontinued Operations

YETI

YETI fundamentals

You can ask Aime