$YETI

Analysts made several rating changes: BTIG upgraded Etsy to Buy with a $90 target, JPMorgan upgraded Tyson Foods to Overweight with a $63 target, Mizuho initiated Boyd Group as Outperform with a $120 target, TD Cowen upgraded Targa Resources to Buy with a $350 target, Barclays initiated Tower Semiconductor as Overweight, Stifel upgraded Yeti to Buy with a $50 target, Citi upgraded Stubhub to Buy, KeyBanc initiated NeuroPace as Overweight, UBS upgraded Waste Connections to Buy, Bank of America in

Yeti Holdings' stock fell 16% in August despite a 9% revenue increase to $484M in Q2. Adjusted net income declined 8% to $51M, or $0.67 per share, but beat estimates. The company raised full-year earnings guidance to $2.94-$3 per share. Analysts noted slower growth and higher expenses.

YETI Holdings reported Q2 2026 sales of $484M, up 9% YoY, with growth across all categories. Gross margin expanded to 59.5%, and full-year guidance was raised. However, operating expenses grew 19%, reducing adjusted operating income by 7% and cash reserves by $210M. Management cited tariffs, inflation, and rising costs as challenges. Shares trade at a forward P/E of 15.77.

YETI reported Q2 2026 net sales of $483.9M, up 9%, driven by demand across categories. Coolers & Equipment sales rose 16%, while Drinkware grew 2%. Adjusted EPS was $0.67, up 2%. The company raised full-year EPS guidance to $2.94-$3.00. Management noted inflationary pressures and U.S. Drinkware sales headwinds, but expects international growth to continue.

IdeaForge’s Project YETI, an autonomous fixed-wing VTOL logistics aircraft, is at TRL 4 with a target to reach TRL 9 within three years, according to its Annual Report 2025-26. The firm received a Letter of Intent for up to ₹151 crore under India’s RDI Scheme. TDB data show 22 RDI projects approved and initial disbursement of ₹50 crore to Eyestem Research.

YETI Holdings reported Q2 EPS of 67 cents, above the 55-cent consensus, while sales were $483.868 million, slightly below the $483.890 million estimate. For FY2026, adjusted EPS guidance was raised to $2.94-$3.00, but sales guidance was lowered to $1.967-$1.985 billion. Pre-market shares fell 3.9% to $4.23. Analysts adjusted price targets after results.

YETI reported Q2 CY2026 revenue of $483.9 million, up 8.5% year on year and slightly above analysts’ $483.2 million estimate. Non-GAAP EPS was $0.67, above the $0.55 consensus. Management raised full-year Adjusted EPS guidance to $2.97 (midpoint) and said margins should keep improving, while citing consumer caution and ongoing inflationary supply chain pressures.

Midday movers included Netflix, up over 3% after Pershing Square disclosed a new stake. Super Micro Computer rose after earnings and Q1 guidance of adjusted EPS $1.01 to $1.10 and revenue $14.5B to $15.5B. Cisco fell 9% on gross margin guidance. Memory ETFs and peers, plus results-driven moves for Tapestry, Yeti, Birkenstock, Bullish, JD.com, EnerSys, and others.

Yeti reported Q2 results with international revenue of $92.9M versus $94.77M expected, and U.S. revenue of $390.97M versus $387.69M expected. Direct-to-consumer net sales were $265.87M vs $262.26M, while wholesale was $218M vs $220.47M. Drinkware net sales were $241.38M vs $249.56M.

Premarket movers included Tapestry down 7% after fiscal Q4 EPS of $1.32 and revenue of $1.88B. Yeti fell nearly 4% on mixed Q2 results. Birkenstock rose 10% on revenue and adjusted EBITDA beats and higher full-year guidance. EnerSys gained 13% on Q1 EPS $3.66 and revenue $935.6M. Cerebras fell ~18% and StubHub dropped ~17%.