Yeti Cuts Guidance on Tariff Headwinds
The drinkware and cooler brand is still predicting green arrows in its FY ‘25 guidance, though optimism is tempered from its prior forecast due to tariff uncertainty, now expecting adjusted sales up 1% to 4%, downgraded from 5% to 7% on a 300 b.p. headwind from supply disruptions and diversification efforts. This should flow down to adjusted diluted EPS between $1.96 and $2.02 ($166.6 mm at the midpoint), down from the prior $2.90 to $2.95 range. Expected FCF is now pegged between $100 and $125 million, down from $200 million, on ... Log in to view full article.