SharkNinja beats Q2 sales estimates, raises FY outlook

Sharkninja

07/08/2025 12:27

Overview

SharkNinja Q2 net sales rise 15.7%, beating analyst expectations, per LSEG data

Adjusted EPS for Q2 beats consensus, indicating robust operational performance

Company raises fiscal 2025 outlook, reflecting confidence in continued growth

Outlook

SharkNinja now expects fiscal 2025 net sales to grow 13% to 15%

Company forecasts adjusted net income per share of $5.00-$5.10 for 2025

SharkNinja projects adjusted EBITDA of $1,100 mln-$1,120 mln for 2025

Company plans $180 mln-$200 mln in capital expenditures for 2025

Result Drivers

FOOD PREPARATION APPLIANCES - Sales surged 52.8% due to strong demand for frozen drinks and ice cream makers, particularly the SLUSHi

BEAUTY AND HOME ENVIRONMENT - Net sales rose 25% driven by FlexBreeze fans, air purifiers, and CryoGlow face masks

CLEANING APPLIANCES - Increase in sales by 7.6% attributed to strength in carpet extractor and robotics sub-categories

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$1.44 bln
$1.38 bln (9 Analysts)
Q2 Adjusted EPS
Beat
$0.97
$0.79 (10 Analysts)
Q2 Net Income
$139.60 mln
Q2 Basic EPS
$0.99
Q2 Gross Profit
$708.17 mln
Q2 Operating Expenses
$539.52 mln
Q2 Operating Income
$168.65 mln
Q2 Pretax Profit
$180.88 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the appliances, tools & housewares peer group is "buy"

Wall Street's median 12-month price target for Sharkninja Inc is $122.25, about 6.6% above its August 6 closing price of $114.16

The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nBw8FG8SCa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)