Yeti Will Delay Some Launches to Mitigate Tariffs
The cooler and drinkware company remains on track to get its COGS exposure down to 5% from products manufactured in China heading to the U.S. by the end of the year, though the anticipated 300 b.p. headwind to growth also remains in place from its latest guidance, management shared at the William Blair investor conference. The May update lowered FY ‘25 growth expectations to the +1% to +4% range, down from an initial +5% to +7% range. YETI is tracking some consumer demand softness and wholesale caution in Q2, though the ... Log in to view full article.