耶提控股公司 2025年季度报告

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains “forward-looking statements” within the meaning of the Private Securities LitigationReform Act of 1995. All statements other than statements of historical or current fact included in this Quarterly Report on Form 10-Q areforward-looking statements.Forward-looking statements include statements containing words such as “anticipate,” “assume,” “believe,”“can,” “have,” “contemplate,” “continue,” “could,” “design,” “due,” “estimate,” “expect,” “forecast,” “goal,” “intend,” “likely,” “may,”“might,” “objective,” “plan,” “predict,” “project,” “potential,” “seek,” “should,” “target,” “will,” “would,” and other words and terms ofsimilar meaning in connection with any discussion of the timing or nature of future operational performance or other events. For example,all statements made relating to our expectations about our share repurchase program, expected market or macroeconomic conditions, theimpacts of tariffs, supply chain and manufacturing diversification efforts, other tariff mitigation strategies, estimated and projected costs,expenditures, and growth rates, plans and objectives for future operations, growth, or initiatives, or strategies are forward-lookingstatements. All forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially fromthose that are expected and, therefore, you should not unduly rely on such statements. The risks and uncertainties that could cause actualresults to differ materially from those expressed or implied by these forward-looking statements include but are not limited to: economicconditions or consumer confidence in future economic conditions; our ability to maintain and strengthen our brand and generate andmaintain ongoing demand and prices for our products; our ability to successfully design, develop and market new products; our ability toaccurately forecast demand for our products and our results of operations; our ability to effectively manage our growth and supply chain;our ability to expand into additional consumer markets, and our success in doing so; the success of our international expansion plans; ourability to compete effectively in the outdoor and recreation market and protect our brand; the level of customer spending for our products,which is sensitive to general economic conditions and other factors; our ability to attract and retain skilled personnel and seniormanagement, and to maintain the continued efforts of our management and key employees; our ability to protect our intellectual property;claims by third parties that we have infringed on their intellectual property rights; our involvement in legal or regulatory proceedings oraudits; product recalls, warranty liability, product liability, or other claims against us; problems with, or loss of, our third-party contract These forward-looking statements are made based upon detailed assumptions and reflect management’s current expectations andbeliefs. While we believe that these assumptions underlying the forward-looking statements are reasonable, we caution that it is very The forward-looking statements included herein are made only as of the date hereof. We undertake no obligation to publicly update orrevise any forward-looking statement as a result of new information, future events, or otherwise, except as required by law. Table of Contents In this Quarterly Report on Form 10-Q, we make references to our website at YETI.com.References to our website through this Form10-Q are provided for convenience only and the content on our website does not constitute a part of, and shall not be deemed incorporated TRADEMARKS AND SERVICE MARKS Solely for convenience, certain trademark and service marks (the “marks”) referred to in this Quarterly Report on Form 10-Q appearwithout the ® or ™ symbols, but those references are not intended to indicate, in any way, that we will not assert, to the fullest extent Table of Contents YETI HOLDINGS,INC.CONDENSED CONSOLIDATED BALANCE SHEETS Commitments and contingencies (Note 10) Stockholders’ Equity Common stock, par value $0.01;600,000,000shares authorized;89,594,026and82,791,044sharesissued and outstanding at March29, 2025, respectively, and89,190,494and82,939,467shares issuedand outstanding at December28, 2024, respectively896892Treasury stock, at cost;6,802,982shares at March29, 2025 and6,251,027shares at December28,2024(301,634)(281,587) Table of Contents YETI HOLDINGS,INC.CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(Unaudited) YETI HOLDINGS,INC.CONDENSED CONSOLIDATED STATEMENTS OF EQUITY(Unaudited) YETI HOLDINGS, INC.NOTESTO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 1.ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES Organization and Business Headquartered in Austin, Texas, YETI Holdings, Inc. is a global designer, retailer, and distributor of innovative outdoor products.From coolers and drinkw