Yeti Holdings, Inc. implemented a global stop sale of its Hopper M20 Soft Backpack Cooler, the Hopper M30 Soft Cooler, and the SideKick Dry Gear Case.
Yeti identified a potential safety concern—the magnetic closure on the products could fail and release magnets, posing injury or death if the magnets were ingested.
Yeti said in an SEC filing that it is not aware of any reported injuries, but the company said the safety of its customers and the quality of its products were of utmost importance.
The company notified the U.S. Consumer Product Safety Commission and other global regulatory authorities on appropriate next steps.
