---
schema_version: "secwatch.filing_event.v1"
accession: "0001670592-23-000014"
form_type: "8-K"
ticker: "YETI"
cik: "0001670592"
company_name: "YETI Holdings, Inc."
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T18:00:25.926232+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "low"
source: SEC EDGAR
---

# YETI Q2 2023: net sales down 4% GAAP, up 2% adjusted; raises 2023 outlook

## Summary
- Net sales decreased 4% vs prior year; adjusted net sales (excl. product recalls) increased 2%.
- Gross margin continued to expand in the second quarter of 2023.
- Raised low end of full-year 2023 adjusted net sales outlook; increased adjusted EPS guidance.
- Voluntary product recalls impacted GAAP results but are excluded from non-GAAP metrics.

## SEC filing metadata
- accession: 0001670592-23-000014
- form_type: 8-K
- ticker: YETI
- cik: 0001670592
- company_name: YETI Holdings, Inc.
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: low
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1670592/000167059223000014/0001670592-23-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1670592/000167059223000014/yeti-20230810.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001670592-23-000014
- JSON: https://secwatch.observer/filing/0001670592-23-000014.json
- Plain text: https://secwatch.observer/filing/0001670592-23-000014.txt

## Key facts
- Earnings Releases
  YETI Holdings, Inc. updated its second quarter ended July 1, 2023 guidance (raised).
  - Period: second quarter ended July 1, 2023
  - Guidance: raised
  - Result: reported results
  source text: YETI Reports Second Quarter 2023 Results Net Sales Decreased 4%; Adjusted Net Sales Increased 2% Gross Margin Continues to Expand Raises Low End of Full Year 2023 Adjusted Net Sales Outlook Range Increases Full Year 2023 Adjusted EPS Outlook
  evidence_url: https://www.sec.gov/Archives/edgar/data/1670592/000167059223000014/0001670592-23-000014-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.