Yeti Holdings CEO Sees Brand Riding Broad-Based Strength into Second Quarter

May 14, 2026

Yeti Holdings, Inc. raised its earnings guidance for the year after reporting Q4 sales and profits topped expectations on strength across categories. Company President and CEO Matt Reintjes said Thursday that Yeti is back to delivering oversized growth, with Wholesale delivering its best quarterly performance in over three years, Drinkware returning to growth in the U.S., and demand for soft coolers and bags outstripping supply.

“We’ve entered the second quarter with global demand trends showing strength, continuing momentum from the last two quarters,” Reintjes commented on a quarterly conference call with analysts.

First Quarter Sales Sumamry
In the quarter, sales increased 8 percent year-over-year to $380.4 million, topping Wall Street’s consensus target of $374.8 million.

Wholesale sales jumped 19 percent to $184 million. Scott Bomar, CFO, said on the call that Q1 sell-in trends at Wholesale were better aligned with sell-through trends, “which have remained strong.” He added, “Channel inventory remains healthy, which bodes well for performance in the Wholesale channel in the upcoming quarters. Our teams are working closely with retail partners as they thoughtfully replenish inventory to support strong consumer demand across categories.” SGB MEDIA