While reporting financial results for the first quarter on Thursday, YETI Holdings, Inc. (YETI) raised its adjusted earnings and adjusted sales growth guidance for the full-year 2026.
For fiscal 2026, the company now projects adjusted earnings in a range of $2.83 to $2.89 per share on sales growth of 7 to 8 percent. Previously, the company expected adjusted earnings in the range of $2.77 to $2.83 per share on sales growth of 6 to 8 percent.
The company also announced that its Board of Directors approved an increase to the existing share repurchase program, resulting in $500 million available for the repurchase of shares as of May 14, 2026.
In Thursday's pre-market trading, YETI is trading on the NYSE at $41.99, up $3.66 or 9.55 percent.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.