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SharkNinja, Inc. (SN) is a leading product design and technology company known for creating top-rated lifestyle solutions through its innovative products. Established to enhance the daily lives of consumers, SharkNinja offers a diverse range of products spanning across several key categories including Cleaning, Cooking, Food Preparation, Home Environment, and Beauty.
Among its most popular products are vacuum cleaners, cooking appliances like air fryers and pressure cookers, and personal care items such as hair dryers. The company's brands, Shark and Ninja, have garnered substantial recognition and trust in the market, particularly in North America and Europe.
SharkNinja's business model encompasses the entire product lifecycle—from design and production to marketing and distribution. This comprehensive approach allows them to maintain high standards of quality and innovation. The company continues to expand its footprint in international markets, excluding the Asia Pacific Region and Greater China, solidifying its presence and brand influence globally.
In terms of financial performance, SharkNinja derives the majority of its revenue from the U.S. market, reflecting strong consumer demand and market penetration. Recent achievements include the successful launch of new products that have received 5-star reviews, reinforcing their commitment to excellence and customer satisfaction.
SharkNinja is also focused on sustainability and innovation, continuously seeking to develop products that meet the evolving needs of their customers while also being mindful of environmental impacts. Partnerships with key retailers and distributors have further strengthened their market position and accessibility of their products to a global audience.
As SharkNinja continues to grow, it remains dedicated to delivering high-quality, reliable, and innovative household solutions that simplify and enhance everyday life for consumers around the world.
SharkNinja (NYSE: SN) has announced its participation in the Morgan Stanley Global Consumer & Retail Conference in New York City. The company will host a fireside chat on Wednesday, December 4, 2024, at 2:15 p.m. Eastern Time. The event will be accessible via live webcast and available for replay through the Investor Relations section of SharkNinja's website at ir.sharkninja.com.
SharkNinja (NYSE: SN) launches its first-ever global holiday campaign 'Ninja the Holidays' featuring David Beckham as brand ambassador. The omnichannel campaign debuts on November 1 in the US, followed by international markets on November 4, showcasing across TV, billboards in major cities, and digital platforms. The campaign demonstrates how Ninja kitchen appliances help consumers prepare holiday meals efficiently, featuring products like the Ninja DoubleStack, Woodfire Outdoor Oven, CREAMi, and Blast Portable Blender.
SharkNinja (NYSE: SN) reported strong Q3 2024 results with net sales increasing 33.2% to $1.43 billion. The company saw significant growth across all product categories, with Food Preparation Appliances leading at 73.5% growth. Net income surged 606.8% to $132.3 million, while Adjusted EBITDA rose 25.7% to $262.4 million. Gross margin improved by 320 basis points to 48.7%. Based on strong performance, SharkNinja raised its fiscal 2024 outlook, now expecting net sales growth of 25-26% and Adjusted EBITDA between $925-945 million.
SharkNinja, Inc. (NYSE: SN), a global product design and technology company, has announced the release date for its third quarter 2024 financial results. The results will be disclosed on Thursday, October 31, 2024, before the market opens. Following the release, the company will host a live earnings conference call and webcast at 8:30 a.m. Eastern Time on the same day.
Interested parties can access the webcast through the Investor Relations section of SharkNinja's website at ir.sharkninja.com. For those wishing to participate in the live call, the dial-in numbers are 1-833-470-1428 or 1-404-975-4839, with the confirmation code 930420. The company has also stated that the webcast will be archived and available for replay after the event.
SharkNinja, Inc. (NYSE: SN) introduces two new Air Styling systems: Shark FlexFusion and Shark FlexFusion Straight. These innovative multi-stylers are designed for wet or dry hair styling, combining powerful air and heated ceramic technology. Key features include:
- FlexFusion Styling Technology for heat damage-free wet to dry styling
- Wet-or-Dry Fusion Brush and Air Straightener
- Scalp Shield Mode for safe drying
- Temperature regulation to prevent heat damage
- Unique teardrop shape for better root access and end-to-end smoothing
The systems come with various accessories for professional-level styling at home. Shark FlexFusion ($349.99) and Shark FlexFusion + Straight ($399.99) will be available starting October 1 on SharkBeauty.com, and at other retailers later in the month.
Horizon Sports & Experiences (HS&E) has announced Shark Beauty™ as the title sponsor for the inaugural Shark Beauty™ Women's Champions Classic, a primetime women's college basketball showcase. The event, scheduled for December 7 at Barclays Center in Brooklyn, will feature the University of Connecticut, University of Iowa, University of Louisville, and University of Tennessee in a doubleheader broadcast on FOX.
This collaboration between HS&E and FOX Sports marks a significant step in elevating women's college basketball. Shark Beauty™ will receive broadcast and digital integrations, sponsorship elements, hospitality, fan engagement activation, and in-arena signage as part of its multiyear partnership. The event aims to provide a national spotlight for women's basketball and introduce Shark Beauty to a wide audience of passionate fans.
SharkNinja (NYSE: SN) has launched the Ninja CRISPi™ Portable Cooking System, revolutionizing the air fryer category. This innovative appliance combines a handheld 1500-watt air fryer Power Pod with clear glass containers, allowing users to prep, cook, serve, store, and re-crisp food in one device. The system features:
- Four cooking modes: max crisp, bake, air fry, and re-crisp
- 4-quart and 6-cup container options
- Temperature adjustment based on container size
- Leakproof, BPA-free lids
- PFAS-free glass cooking surface
- Capacity to cook meals for up to six people
Priced at $159.99, the Ninja CRISPi™ is now available on NinjaKitchen.com and will be in major U.S. retailers later this fall.
SharkNinja (NYSE: SN) partners with SNL star Chloe Fineman to promote its new Ninja Luxe™ Café, an all-in-one espresso, drip coffee, and cold brew maker. The company hosted a 'House of Vibes' event in New York City, featuring Fineman and personalized coffee experiences. Fineman stars in a social series showcasing the machine's versatility through various characters and trends.
The Ninja Luxe™ Café, priced at $499.99, offers Barista Assist Technology™ for guided brewing, including grind size recommendations, weight-based dosing, and active brew adjustments. It features a unique Dual Froth System for perfectly textured microfoam with any milk type. The machine is available on NinjaKitchen.com and major retailers like Amazon and Best Buy.
SharkNinja (NYSE: SN) has unveiled two groundbreaking vacuum cleaners at IFA 2024: the Shark® PowerDetect™ Clean & Empty Cordless Vacuum and the Shark® PowerDetect™ NeverTouch Pro 2-in-1 Robot Vacuum and Mop. These products feature innovative PowerDetect™ technology that detects dirt, edges, floor types, and corners to enhance cleaning capabilities.
The NeverTouch Pro robot vacuum boasts NeverMiss™, NeverStuck™, and NeverTouch™ technologies, offering up to a month of hands-free cleaning. The Clean & Empty Cordless Vacuum provides powerful suction with up to 70 minutes of runtime and an Auto-Empty Dock. Both products are available in the U.S., with the robot vacuum priced at $749.99 and the cordless vacuum at $449.99.
SharkNinja (NYSE: SN), a global product design and technology company, has announced its participation in the Goldman Sachs 31st Annual Global Retailing Conference in New York City. The company will host a fireside chat scheduled for Wednesday, September 4, 2024, at 1:10 p.m. Eastern Time.
Investors and interested parties can access the live webcast and replay of the fireside chat through the Investor Relations section of SharkNinja's website at ir.sharkninja.com. This event provides an opportunity for SharkNinja to engage with investors and showcase its position in the global retail market.
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