What was the average price YETI paid per share in Q2 2026?

YETI repurchased 2.8 million shares for $130 million, which implies an average price of approximately $46.43 per share. This represents the blended cost of shares purchased under open-market repurchase activity during the second quarter.

How much authorization remains under YETI's repurchase program?

As of July 4, 2026, approximately $370 million remained available for repurchases under YETI's $500 million share repurchase authorization. The company has executed $130 million in repurchases since the program's inception (or most recently updated authorization date), leaving ample room for future purchases.

How does this buyback affect YETI's share count?

The 2.8 million shares repurchased in Q2 2026 reduced YETI's diluted weighted-average share count to approximately 75.8 million for the quarter, down from 83.5 million in the prior-year period. This 9% reduction in shares outstanding mechanically benefits per-share metrics like EPS, independent of underlying earnings changes.

Did YETI raise its 2026 guidance in connection with this buyback?

Yes. YETI raised its full-year 2026 adjusted EPS outlook to $2.94–$3.00 (up from $2.83–$2.89), reflecting 19–21% growth. The company noted that the updated outlook reflects strong year-to-date sales, improved gross margins, the timing of share repurchases, partially offset by growth investments and inflationary pressures.

What authorization mechanism did YETI use for these repurchases?

The filing does not explicitly specify whether YETI used Rule 10b-18 open-market purchases, an accelerated share repurchase (ASR), or another mechanism. However, the company's disclosure of average price and gradual execution over the quarter suggests Rule 10b-18 open-market purchases under normal trading conditions.

How does YETI's capital position support ongoing buybacks?

YETI maintains strong liquidity with $59.8 million in cash, $270 million available under its $300 million revolving credit facility, and management's expectation of free cash flow generation of $200–$225 million in 2026. This financial flexibility supports the company's commitment to share repurchases alongside investments in growth and innovation.

YETI 8-K Filed 2026-08-13 Execution disclosure

YETI repurchased 2.8M shares for $130M in Q2 2026

Outdoor-products maker executes under existing $500M authorization; $370M remains available.

Shares repurchased2.8M

Avg price paid$46.43

Remaining$370M

MechanismRule 10b-18 open-market purcha

What the filing says

YETI Holdings executed $130 million in share repurchases during the second quarter of 2026, buying back 2.8 million shares at an average price of approximately $46.43 per share. This execution occurred under the company's existing $500 million share repurchase authorization, with approximately $370 million remaining available as of July 4, 2026.

The buyback was announced as part of YETI's second-quarter earnings, in which the company reported 9% sales growth to $483.9 million and raised its full-year 2026 adjusted EPS outlook to $2.94–$3.00, reflecting 19–21% growth. CEO Matt Reintjes characterized the repurchases as reflecting "the durability of our business model and the cash-generating strength of our operating platform."

As of the quarter end, YETI maintained $59.8 million in cash, $101.7 million in total debt, and $270 million of available capacity under a $300 million revolving credit facility. The company noted it expects strong free cash flow generation and remains committed to share repurchases as part of its capital allocation strategy.

Pursuant to our existing $500 million share repurchase authorization, in the second quarter of 2026, we repurchased 2.8 million shares for $130.0 million. As of July 4, 2026, approximately $370.0 million remained available for repurchases under our share repurchase program. — YETI Holdings, Inc. 8-K filing · View on SEC EDGAR →

What this means

YETI's $130 million Q2 repurchase reduces the weighted-average diluted share count from approximately 83.5 million shares (Q2 2025) to 75.8 million shares (Q2 2026)—a reduction of roughly 9%. The execution demonstrates the company's confidence in its financial position and growth trajectory, particularly following tariff-refund benefits that boosted Q2 gross margins by 890 basis points. With $370 million still available under authorization and management's commitment to capital returns, further repurchases appear likely. The updated 2026 EPS outlook incorporates the benefit of lower share count from this buyback activity.

Frequently asked questions

What was the average price YETI paid per share in Q2 2026?: YETI repurchased 2.8 million shares for $130 million, which implies an average price of approximately $46.43 per share. This represents the blended cost of shares purchased under open-market repurchase activity during the second quarter.
How much authorization remains under YETI's repurchase program?: As of July 4, 2026, approximately $370 million remained available for repurchases under YETI's $500 million share repurchase authorization. The company has executed $130 million in repurchases since the program's inception (or most recently updated authorization date), leaving ample room for future purchases.
How does this buyback affect YETI's share count?: The 2.8 million shares repurchased in Q2 2026 reduced YETI's diluted weighted-average share count to approximately 75.8 million for the quarter, down from 83.5 million in the prior-year period. This 9% reduction in shares outstanding mechanically benefits per-share metrics like EPS, independent of underlying earnings changes.
Did YETI raise its 2026 guidance in connection with this buyback?: Yes. YETI raised its full-year 2026 adjusted EPS outlook to $2.94–$3.00 (up from $2.83–$2.89), reflecting 19–21% growth. The company noted that the updated outlook reflects strong year-to-date sales, improved gross margins, the timing of share repurchases, partially offset by growth investments and inflationary pressures.
What authorization mechanism did YETI use for these repurchases?: The filing does not explicitly specify whether YETI used Rule 10b-18 open-market purchases, an accelerated share repurchase (ASR), or another mechanism. However, the company's disclosure of average price and gradual execution over the quarter suggests Rule 10b-18 open-market purchases under normal trading conditions.
How does YETI's capital position support ongoing buybacks?: YETI maintains strong liquidity with $59.8 million in cash, $270 million available under its $300 million revolving credit facility, and management's expectation of free cash flow generation of $200–$225 million in 2026. This financial flexibility supports the company's commitment to share repurchases alongside investments in growth and innovation.

execution outdoor-recreation q2-2026 rule-10b-18 mega-cap-adjacent tariff-benefit

Source. This editorial summary is based on the SEC filing linked above. BuybackStocks aggregates and editorializes publicly available SEC EDGAR filings. Not investment advice. Past authorization announcements do not guarantee future repurchase activity or share price performance. See our full disclosures policy.