other material
confidence high
sentiment positive
materiality 0.70
YETI unveils FY2030 framework: mid-high single-digit sales growth, $1.2-1.4B cumulative FCF
YETI Holdings, Inc.
- Long-term targets: annual net sales growth mid- to high-single-digit; adjusted operating income growth high-single to low-double; adjusted EPS growth low-double to high-teens.
- Aims for $1B+ international sales and Bags & Soft Coolers as next billion-dollar product platform.
- Project Upcycle identified ~$100M productivity opportunity across cost of goods sold and operating expenses.
- Reiterates FY2026 outlook: sales +7-8%, adjusted EPS $2.94-3.00, adjusted operating margin 14.9%, FCF $200-225M.
- Cumulative free cash flow target of $1.2B-$1.4B over five years ending Fiscal 2030.