{"url_path":"/sec/yeti/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-14","source_url":"https://www.sec.gov/Archives/edgar/data/1670592/0001670592-26-000028-index.html","accession_number":"0001670592-26-000028","cik":"0001670592","ticker":"YETI","issuer_name":"YETI Holdings, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1670592/0001670592-26-000028-index.html","primary_entity_key":"0001670592","primary_entity_name":"YETI Holdings, 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of Contents](#i74b0767f11d1414b8f43d17dbab3eaff_13)\n\nUNITED STATES SECURITIES AND EXCHANGE COMMISSION\n\nWashington, D.C. 20549\n\n____________________________________________________________________________________________\n\nFORM 10-Q\n\n____________________________________________________________________________________________\n\n☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\nFor the quarterly period ended April 4, 2026\n\nOR\n\n☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\nFor the transition period from           to           \n\nCommission file number 001-38713\n\n_____________________________________________________\n\nYETI Holdings, Inc.\n\n(Exact name of registrant as specified in its charter)\n\n______________________________________________________\n\nDelaware45-5297111\n\n(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)\n\n7601 Southwest Parkway\n\nAustin, Texas 78735\n\n(Address of principal executive offices) (Zip Code)\n\n(Registrant’s telephone number, including area code) (512) 394-9384\n\nSecurities registered pursuant to Section 12(b) of the Act:\n\nTitle of each classTrading symbol(s)Name of each exchange on which registered\n\nCommon stock, par value $0.01 per share\nYETINew York Stock Exchange\n\nIndicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes  ☒  No  ☐\n\nIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes  ☒  No  ☐\n\nIndicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\nLarge accelerated filer\n\n☒\n\nAccelerated filer\n\n☐\n\nNon-accelerated filer\n\n☐\n\nSmaller reporting company\n\n☐\n\nEmerging growth company\n\n☐\n\nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\nIndicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒\n\nThere were 75,758,323 shares of common stock ($0.01 par value) outstanding as of May 7, 2026.\n\n[Tab](#i74b0767f11d1414b8f43d17dbab3eaff_13)[le of Contents](#i74b0767f11d1414b8f43d17dbab3eaff_13)\n\nCAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS\n\nThis Quarterly Report on Form 10-Q contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical or current fact included in this Quarterly Report on Form 10-Q are forward-looking statements. Forward-looking statements include statements containing words such as “anticipate,” “assume,” “believe,” “can,” “have,” “contemplate,” “continue,” “could,” “design,” “due,” “estimate,” “expect,” “forecast,” “goal,” “intend,” “likely,” “may,” “might,” “objective,” “plan,” “predict,” “project,” “potential,” “seek,” “should,” “target,” “will,” “would,” and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operational performance or other events. For example, all statements made relating to our expectations about our share repurchase program, expected market or macroeconomic conditions, the impacts of tariffs, supply chain and manufacturing diversification efforts, other tariff mitigation strategies, estimated and projected costs, expenditures, and growth rates, plans and objectives for future operations, growth, or initiatives, or strategies are forward-looking statements. All forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those that are expected and, therefore, you should not unduly rely on such statements. The risks and uncertainties that could cause actual results to differ materially from those expressed or implied by these forward-looking statements include but are not limited to: economic conditions or consumer confidence in future economic conditions; our ability to maintain and strengthen our brand and generate and maintain ongoing demand and prices for our products; our ability to successfully design, develop and market new products; our ability to accurately forecast demand for our products and our results of operations; our ability to effectively manage our growth and supply chain; our ability to expand into additional consumer markets, and our success in doing so; the success of our international expansion plans; our ability to compete effectively in the outdoor and recreation market and protect our brand; the level of consumer spending for our products, which is sensitive to general economic conditions and other factors; our ability to attract and retain skilled personnel and senior management, and to maintain the continued efforts of our management and key employees; our ability to protect our intellectual property; claims by third parties that we have infringed on their intellectual property rights; our involvement in legal or regulatory proceedings or audits; product recalls, warranty liability, product liability, or other claims against us; problems with, or loss of, our third-party contract manufacturers and suppliers, or an inability to obtain raw materials; our ability to timely obtain shipments and deliver products; risks related to manufacturer concentrations; fluctuations in the cost and availability of raw materials, equipment, labor, and transportation and subsequent manufacturing delays or increased costs; legal, regulatory, economic, political and public health risks associated with international trade; adverse changes in international trade policies, tariffs and treaties, including increases in tariff rates and the imposition of additional tariffs; the impact of currency exchange rate fluctuations; our aspirations, disclosures, and actions related to sustainability matters; our and our suppliers’ and partners’ ability to comply with applicable laws and regulations; our relationships with our national, regional, and independent retail partners, who account for a significant portion of our sales; risks associated with our direct-to-consumer channel; substantial fixed costs related to operating retail stores; seasonal and quarterly variations in our business; financial difficulties facing our retail partners; the impact of catastrophic events or failures of our information systems, including due to cybersecurity incidents, on our operations and the operations of our manufacturing partners; the integration and use of artificial intelligence; our ability to raise additional capital on acceptable terms; the impact of our indebtedness on our ability to invest in the ongoing needs of our business; impairment to our goodwill or other intangible assets; changes in tax laws or unanticipated tax liabilities; changes to our estimates or judgments; our ability to successfully execute our share repurchase program and its impact on stockholder value and the volatility of the price of our common stock; strategic transactions targeting us; the impact of stockholder activism, takeover proposals, proxy contests or short sellers; disruptions or diversions of our management’s attention due to acquisitions or investments in other companies; and the risks and uncertainties described in detail in Part I, Item 1A of our Annual Report on Form 10-K for the year ended January 3, 2026, as such risk factors may be amended, supplemented or superseded from time to time by other reports we file with the United States Securities and Exchange Commission.\n\nThese forward-looking statements are made based upon detailed assumptions and reflect management’s current expectations and beliefs. While we believe that these assumptions underlying the forward-looking statements are reasonable, we caution that it is very difficult to predict the impact of known factors, and it is impossible for us to anticipate all factors that could affect actual results.\n\nThe forward-looking statements included herein are made only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events, or otherwise, except as required by law.\n\n[Tab](#i74b0767f11d1414b8f43d17dbab3eaff_13)[le of Contents](#i74b0767f11d1414b8f43d17dbab3eaff_13)\n\nWEBSITE REFERENCES\n\nIn this Quarterly Report on Form 10-Q, we make references to our website at YETI.com. References to our website through this Form 10-Q are provided for convenience only, and the content on our website does not constitute a part of, and shall not be deemed incorporated by reference into, this Quarterly Report on Form 10-Q.\n\nTRADEMARKS AND SERVICE MARKS\n\nSolely for convenience, certain trademark and service marks (the “marks”) referred to in this Quarterly Report on Form 10‑Q appear without the ® or ™ symbols, but those references are not intended to indicate, in any way, that we will not assert, to the fullest extent under applicable law, our rights to these marks. This Quarterly Report on Form 10-Q may also contain additional marks of other companies, which are the property of their respective owners.\n\n[Tab](#i74b0767f11d1414b8f43d17dbab3eaff_13)[le of Contents](#i74b0767f11d1414b8f43d17dbab3eaff_13)\n\nTable of Contents\n\nPage\n\n[PART I. FINANCIAL INFORMATION](#i74b0767f11d1414b8f43d17dbab3eaff_16)\n\n[Item 1. Financial Statements (Unaudited)](#i74b0767f11d1414b8f43d17dbab3eaff_19)\n\n[Condensed Consolidated Balance Sheets](#i74b0767f11d1414b8f43d17dbab3eaff_22)\n\n[1](#i74b0767f11d1414b8f43d17dbab3eaff_22)\n\n[Condensed Consolidated Statements of Operations](#i74b0767f11d1414b8f43d17dbab3eaff_25)\n\n[2](#i74b0767f11d1414b8f43d17dbab3eaff_25)\n\n[Condensed Consolidated Statements of Comprehensive Income](#i74b0767f11d1414b8f43d17dbab3eaff_28)\n\n[3](#i74b0767f11d1414b8f43d17dbab3eaff_28)\n\n[Condensed Consolidated Statements of Equity](#i74b0767f11d1414b8f43d17dbab3eaff_31)\n\n[4](#i74b0767f11d1414b8f43d17dbab3eaff_31)\n\n[Condensed Consolidated Statements of Cash Flows](#i74b0767f11d1414b8f43d17dbab3eaff_37)\n\n[5](#i74b0767f11d1414b8f43d17dbab3eaff_37)\n\n[Notes To Unaudited Condensed Consolidated Financial Statements](#i74b0767f11d1414b8f43d17dbab3eaff_40)\n\n[6](#i74b0767f11d1414b8f43d17dbab3eaff_40)\n\n[Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations](#i74b0767f11d1414b8f43d17dbab3eaff_112)\n\n[14](#i74b0767f11d1414b8f43d17dbab3eaff_112)\n\n[Item 3. Quantitative and Qualitative Disclosures About Market Risk](#i74b0767f11d1414b8f43d17dbab3eaff_157)\n\n[20](#i74b0767f11d1414b8f43d17dbab3eaff_157)\n\n[Item 4. Controls and Procedures](#i74b0767f11d1414b8f43d17dbab3eaff_160)\n\n[20](#i74b0767f11d1414b8f43d17dbab3eaff_160)\n\n[PART II. OTHER INFORMATION](#i74b0767f11d1414b8f43d17dbab3eaff_163)\n\n[21](#i74b0767f11d1414b8f43d17dbab3eaff_163)\n\n[Item 1. Legal Proceedings](#i74b0767f11d1414b8f43d17dbab3eaff_166)\n\n[21](#i74b0767f11d1414b8f43d17dbab3eaff_166)\n\n[Item 1A. Risk Factors](#i74b0767f11d1414b8f43d17dbab3eaff_169)\n\n[21](#i74b0767f11d1414b8f43d17dbab3eaff_169)\n\n[Item 5. Other Information](#i74b0767f11d1414b8f43d17dbab3eaff_178)\n\n[21](#i74b0767f11d1414b8f43d17dbab3eaff_178)\n\n[Item 6. Exhibits](#i74b0767f11d1414b8f43d17dbab3eaff_184)\n\n[21](#i74b0767f11d1414b8f43d17dbab3eaff_184)\n\n[Signatures](#i74b0767f11d1414b8f43d17dbab3eaff_187)\n\n[22](#i74b0767f11d1414b8f43d17dbab3eaff_187)\n\n[Tab](#i74b0767f11d1414b8f43d17dbab3eaff_13)[le of Contents](#i74b0767f11d1414b8f43d17dbab3eaff_13)\n\nPART I. FINANCIAL INFORMATION"}