YETI Q1 Earnings Beat, Shares Jump 9.6%

YETI reported Q1 adjusted EPS $0.26, beating consensus $0.18 and revenue $380.4M, up 8% YoY, surpassing estimates.
Wholesale sales surged 19% to $183.6M, the strongest quarterly wholesale performance in over three years.
FY2026 adjusted EPS guidance raised to $2.83‑$2.89 (midpoint $2.86) and sales growth outlook lifted to 7‑8%, operating income margin to ~14.6%.
Board increased share repurchase authorization to $500 million, and shares rose 9.6% pre‑market.