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SharkNinja Cleans Up With Third-Quarter Earnings Beat
Investors· 2025-11-06 22:04
Core Viewpoint - SharkNinja reported strong third-quarter earnings, exceeding analyst expectations, and raised its full-year guidance, indicating robust growth in various product categories [1][2][3]. Financial Performance - The company earned an adjusted $1.50 per share on net sales of $1.63 billion for the September quarter, surpassing analyst expectations of $1.32 per share on sales of $1.6 billion [2]. - Year-over-year, SharkNinja's earnings increased by 24%, while net sales rose by 14% [2]. Future Guidance - SharkNinja now anticipates full-year sales growth of 15% to 15.5%, up from the previous guidance of 13% to 15% [3]. - The adjusted earnings target for the year has been raised to $5.05 to $5.15, reflecting a 15.6% to 17.8% increase over 2024 [3]. - Wall Street's projections for full-year adjusted earnings per share stand at $5.10 on sales of $6.35 billion, representing a 14.8% increase [3]. Product Performance - The CEO highlighted a 14.3% growth in net sales, emphasizing the company's leadership in innovative consumer solutions [4]. - Notably, the Beauty and Home Environment category experienced exceptional growth of 56.7% [4]. - Other product categories include cleaning appliances, cooking and beverage appliances, and food preparation appliances [4].