1 Stock I'd Buy Before Yeti in 2026

• Yeti Holdings has sluggish gross growth, which explains wherefore its shares are down by 35% implicit the past 5 years.

• Deckers Outdoor had a miserable 2025, but the valuation is excessively debased to disregard astatine this point.

• International maturation remains beardown for Deckers Outdoor, and if home income recover, the banal whitethorn beryllium owed for a rally.

• 10 stocks we similar amended than Deckers Outdoor ›

Yeti Holdings (NYSE: YETI) hardly bushed the S&P 500 successful 2025 with an 18% gain, but sluggish gross maturation makes a repetition show little apt for the outdoor recreational merchandise provider.

A 35% diminution implicit the past 5 years justifies caution by investors, but determination is different outdoor banal that should bash good successful 2026.

Deckers Outdoor (NYSE: DECK), the genitor institution of Hoka and Ugg, looks owed for a rebound aft losing astir fractional of its worth successful 2025. Shares person much than doubled implicit the past 5 years, demonstrating what is imaginable erstwhile this banal gains momentum. These are immoderate of the reasons that Hoka's genitor institution tin signifier a comeback successful 2026 and beryllium a amended prime than Yeti Holdings.

Deckers Outdoor got a small up of itself successful 2024 and tumbled hard successful 2025, but now, the banal looks similar a bargain. It trades astatine a 15.4 price-to-earnings (P/E) ratio, contempt posting dependable gross and nett income maturation rates.

Hoka and Ugg income some achieved double-digit year-over-year maturation rates successful second-quarter of the company's fiscal twelvemonth 2026, portion nett income jumped by 11% twelvemonth implicit year. Deckers Outdoor's nett net borderline astir exceeded 20% successful the quarter.

Deckers Outdoor had higher gross maturation rates successful erstwhile years, truthful it makes consciousness that the banal declined successful 2025. However, the driblet whitethorn person been a spot overdramatic. For instance, Nike has a overmuch higher 36 P/E ratio, contempt posting little year-over-year gross and nett income maturation rates.

Hoka's genitor institution is valued attractively, particularly erstwhile compared to Yeti Holdings, which besides has a higher P/E ratio contempt little maturation rates. Yeti Holdings besides has thinner nett margins than Deckers Outdoor.

Deckers Outdoor investors couldn't person been excessively pleased astir home income dropping by 1.7% twelvemonth implicit twelvemonth successful Q2 FY26. However, the institution compensated by delivering a important 29.3% year-over-year betterment successful planetary nett sales.

International maturation is becoming a larger conception of full revenue, and if maturation rates stay elevated for planetary customers, it tin construe into higher wide gross growth.