secwatch.observer — SEC 8-K summary
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Issuer:     YETI Holdings, Inc. (YETI)
CIK:        0001670592
Form:       8-K
Filed at:   2023-02-06T23:59:59+00:00
Accession:  0001104659-23-011278
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

YETI halts sales of Hopper M20, M30 coolers and SideKick Dry Gear Case over magnet ingestion risk
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- Potential safety concern: magnetic closure can fail, release magnets, posing ingestion risk of serious injury or death.
- No reported injuries yet; YETI notified CPSC and is implementing global stop sale.
- Products affected: Hopper M20 Soft Backpack Cooler, Hopper M30 Soft Cooler, SideKick Dry Gear Case.
- YETI will provide additional details during Q4 FY2022 earnings report on February 23, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1670592/000110465923011278/0001104659-23-011278-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1670592/000110465923011278/tm235688d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-011278

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer