Jefferies Reiterates Buy Rating on Yeti Holdings Inc. (YETI)

Citi Reiterates Buy Rating on Yeti Holdings Inc. (YETI)

March 17, 2025 9:35 AM EDT

Citi analyst Chasen Bender reiterated a Buy rating and $47.00 price target on Yeti Holdings Inc. (NYSE: YETI)

The analyst comments "This morning YETI announced it has entered into a cooperation agreement with Engaged Capital and the appointment of J. Magnus... More

Yeti expands board by two after discussions with activist Engaged

March 17, 2025 8:08 AM EDT

By Svea Herbst-Bayliss

NEW YORK (Reuters) - Outdoor goods company Yeti Holdings, which makes cooler boxes and insulated cups, on Monday said it would add two new directors, expanding the size of its board after months of discussions with activist investor Engaged Capital.

Magnus Welander, former chief executive of lifestyle and outdoor company Thule, and Arne Arens, former chief executive officer of footwear brand Boardriders, will join eight directors, increasing the board's size to 10.

The company was already working on refreshing its board and... More

YETI Holdings, Inc. (YETI) Appoints J. Magnus Welander and Arne Arens to its Board

March 17, 2025 8:02 AM EDT

YETI Holdings, Inc. (NYSE: YETI) today announced that it has appointed J. Magnus Welander and Arne Arens to its Board of Directors (the Board), effective March 24, 2025. The Company also announced that it has entered into a cooperation agreement with stockholder Engaged Capital, LLC (collectively with certain of its affiliates, Engaged). The appointments of Messrs. Welander and Arens increase the size of YETIs Board to 10 members, nine of whom are independent.

These new appointments reflect the Companys ongoing Board refreshment efforts, which are focused on further aligning director experience and skillsets with YETIs strategy... More