8-K - YETI - Equibles

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest eventreported): February 6, 2023

YETI Holdings, Inc.

(Exact name of registrant as specifiedin its charter)

Delaware	001-38713	45-5297111
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification No.)

7601 Southwest Parkway

Austin, Texas 78735

(Address of principal executive offices, including zip code)

(Registrant's telephone number, including area code):

(512) 394-9384

Not applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading symbol(s)	Name of each exchange on <br><br>which registered
Common stock, par value $0.01	YETI	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 7.01.	Regulation FD Disclosure.

YETI Holdings, Inc. (“YETI”) has identified a potential safety concern regarding the Hopper® M20 Soft Backpack Cooler, the Hopper® M30 Soft Cooler, and the SideKick Dry® Gear Case. YETI has notified the U.S. Consumer Product Safety Commission (“CPSC”) that the magnetic closure of these products can fail and release magnets, posing a risk of serious injury or death if the magnets are ingested. While YETI is not aware of any reported injuries at this time, the safety of YETI’s customers and quality of its products are of the utmost importance. YETI is implementing a global stop sale of the products and will be working with CPSC and other relevant global regulatory authorities on appropriate next steps. YETI plans to provide additional information on this matter during its fourth quarter and fiscal year 2022 earnings report on Thursday, February 23, 2023.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	YETI Holdings, Inc.
Date: February 6, 2023	By:	/s/ Bryan C. Barksdale
		Bryan C. Barksdale
		Senior Vice President,
		General Counsel and Secretary