Yeti outlines growth targets and financial framework through 2030

Yeti Holdings, Inc. (NYSE: YETI) held its 2026 Investor Day in Austin, Texas, where company leadership presented a long-term growth strategy and financial framework extending through fiscal year 2030.

The company outlined four growth priorities: reaching $1 billion in new net sales, developing a new $1 billion product platform in Bags & Soft Coolers, generating $1 billion in international sales, and producing more than $1 billion in cumulative free cash flow.

Yeti's long-term financial framework targets annual net sales growth in the mid-single-digit to high-single-digit range, adjusted operating income growth in the high-single-digit to low-double-digit range, and adjusted earnings per share growth in the low-double-digit to high-teens range. The company projects cumulative free cash flow of $1.2 billion to $1.4 billion over the five-year period ending fiscal 2030.

Yeti also reiterated its fiscal 2026 outlook, which was previously issued on August 13, 2026. The company expects sales growth of 7% to 8%, adjusted operating income growth of 10% to 12%, and adjusted earnings per share of $2.94 to $3.00. Free cash flow is projected at $200 million to $225 million, with capital expenditures of $60 million to $70 million.

The company said it has identified approximately $100 million in productivity opportunities through an initiative called Project Upcycle, targeting cost of goods sold and operating expenses. Yeti stated it plans to return excess cash to shareholders primarily through share repurchases, while also maintaining balance-sheet flexibility for potential tuck-in acquisitions.

Matt Reintjes, Chair, President and Chief Executive Officer, said the company is "focused on four priorities: creating the next billion dollars of sales, building our next billion-dollar product platform, generating a billion dollars of sales outside the United States and delivering more than a billion dollars of cumulative free cash flow."

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