In a regulatory filing, 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 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.
Published first on TheFly
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