For the year ending 2026-01-03, YETI had -$170,453K decrease in cash & cash equivalents over the period. $212,070K in free cash flow.
| Cash Flow | 2026-01-03 | 2024-12-28 | 2023-12-30 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 165,387 | 175,689 | 169,885 | 89,693 |
| Depreciation and amortization | 54,232 | 48,132 | 46,434 | 39,847 |
| Amortization of deferred financing fees | 653 | 649 | 604 | 601 |
| Stock-based compensation | 47,688 | 40,719 | 29,800 | 17,799 |
| Deferred income taxes | 28,081 | -11,167 | 25,561 | -403 |
| Impairment of long-lived assets | 3,795 | 5,490 | 2,927 | 1,229 |
| Loss on prepayment, modification, or extinguishment of debt | 0 | 0 | -330 | 0 |
| Product recalls | 2,900 | 9,939 | 1,895 | 97,176 |
| Other | -3,881 | 9,872 | -6,163 | 2,039 |
| Accounts receivable, net | 18,161 | 23,655 | 15,683 | -30,448 |
| Inventory | -23,857 | -39,751 | -33,675 | 91,624 |
| Other current assets | -6,614 | -9,480 | 7,933 | 2,187 |
| Accounts payable and accrued expenses | -27,687 | -47,020 | -15,144 | -86,242 |
| Taxes payable | -23,941 | 669 | 18,156 | 439 |
| Other | 4,800 | -2,838 | -1,598 | -2,079 |
| Net cash provided by operating activities | 254,737 | 261,386 | 285,942 | 100,894 |
| Purchases of property and equipment | 42,667 | 41,832 | 50,672 | 45,929 |
| Business acquisition, net of cash acquired | 0 | 36,164 | - | - |
| Additions of intangibles, net | 59,172 | 53,452 | 22,152 | 10,981 |
| Net cash used in investing activities | -101,839 | -131,448 | -72,824 | -56,910 |
| Repayments of longterm debt | 4,219 | 4,219 | 7,734 | 22,500 |
| Repayments under revolving credit facility | - | - | - | 0 |
| Borrowings under revolving line of credit | - | - | - | 0 |
| Proceeds from employee stock transactions | 0 | 294 | 1,573 | 3,821 |
| Taxes paid in connection with employee stock transactions | 1,831 | 1,463 | 2,481 | 1,861 |
| Finance lease principal payment | 16,000 | 3,829 | 2,130 | 2,063 |
| Repurchase of common stock | 297,780 | 200,000 | 0 | 100,025 |
| Payments of deferred financing fees | 0 | 0 | 2,824 | - |
| Payment of excise taxes on share repurchases | 1,562 | - | - | - |
| Net cash used in financing activities | -321,392 | -209,217 | -13,596 | -122,628 |
| Effect of exchange rate changes on cash | -1,959 | -886 | 4,697 | 1,196 |
| Net (decrease) increase in cash | -170,453 | -80,165 | 204,219 | -77,448 |
| Cash, beginning of period | 358,795 | - | - | - |
| Cash, end of period | 188,342 | - | - | - |
YETI Holdings, Inc. (YETI)
YETI Holdings, Inc. (YETI)