YETI Reports First Quarter 2026 Results
YETI reported Q1 2026 net sales of $380.4 million, up 8% year-over-year, driven by strong consumer demand across categories and channels. Wholesale sales grew 19% to $183.6 million, delivering the company's best quarterly performance in over three years. US sales increased 8% to $293.1 million, while International sales grew 9% to $87.3 million. YETI raised the lower end of its 2026 sales growth outlook to a new range of 7% to 8%, up from 6% to 8%.
Key figures
- Eps
- 0.13
- Revenue
- 380414000
- Guidance
- FY26 sales growth 7% to 8% (up from 6% to 8%); FY26 adjusted operating income margin 14.6% (up from 14.4%); FY26 adjusted EPS $2.83 to $2.89 (up from $2.77 to $2.83)
- Revenue Yoy
- 8%
- Us sales
- 293086000
- Dtc sales
- 196819000
- Net income
- 9851000
- Gross profit
- 210211000
- Sga expenses
- 197773000
- Tariff impact
- 0.09
- Drinkware sales
- 216905000
- Wholesale sales
- 183595000
- Operating income
- 12438000
- Adjusted net income
- 19829000
- International sales
- 87328000
- Adjusted gross margin
- 55.3%
- Adjusted gross profit
- 210211000
- Adjusted sga expenses
- 183578000
- Coolers equipment sales
- 156101000
- Adjusted operating income
- 26633000
- Adjusted operating income margin
- 7.0%
- Adjusted net income per diluted share
- 0.26
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