Welcome to our dedicated page for SharkNinja news (Ticker: SN), a resource for investors and traders seeking the latest updates and insights on SharkNinja stock.
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 launched the Ninja Artisan™ Outdoor Pizza Oven, priced at $279.99. This innovative outdoor pizza oven features 5-in-1 functionality for baking, broiling, warming, proofing, and pizza making, reaching temperatures up to 700°F.
The oven utilizes proprietary Complete Temperature Control™ Technology for consistent heating without flame management. It offers five pizza settings (Neapolitan, Thin Crust, Pan, New York, and Custom) and can cook a 12-inch pizza in approximately three minutes after preheating.
Key features include a weather-resistant design, 12" x 12" cooking cavity, professional proofing function at 90°F, and a Chef's View Window. The product will be available globally from April 10, 2025, through NinjaKitchen.com and major retailers including Amazon, Lowe's, and Best Buy.
SharkNinja (NYSE: SN), a global product design and technology company, has announced its participation in the upcoming BofA 2025 Consumer & Retail Conference in Miami, FL. The company will host a fireside chat scheduled for Tuesday, March 11, 2025, at 3:30 p.m. Eastern Time.
The event will be accessible through a live webcast, with replay options available. Interested parties can access the webcast through the Investor Relations section of SharkNinja's website at ir.sharkninja.com.
SharkNinja (NYSE: SN) has launched the Ninja FlexFlame, its first propane outdoor cooking system priced at $999.99. The innovative system combines five cooking methods - grilling, smoking, roasting, griddling, and pizza-making - in a single unit.
The FlexFlame features CyclonicHeat-iQ technology, incorporating rapid convection airflow, precision propane flame control, and Woodfire Technology. Key capabilities include a high-velocity convection fan for faster cooking, preheating to 600°F in seven minutes, and using 25% less propane compared to Weber Genesis. The system requires only two cups of pellets for smoking functionality.
The product is currently available on NinjaKitchen.com and at select retailers in California, including Home Depot and ACE Hardware. Additional accessories are available separately, with global launch planned for 2026. The launch addresses market demand, as 47% of consumers own more than three cooking devices.
SharkNinja (NYSE: SN) reported strong financial results for Q4 and full-year 2024. Q4 net sales increased 29.7% to $1,787.2 million, with net income rising 161% to $128.7 million. Full-year 2024 saw net sales grow 30% to $5,528.6 million, while net income surged 162.6% to $438.7 million.
The company showed growth across all four product categories, with Food Preparation Appliances leading at over 80% growth. Gross margin improved by 320 basis points to 48.1% for the full year. Adjusted EBITDA increased 32.2% to $951.1 million.
For fiscal 2025, SharkNinja projects net sales growth of 10-12%, Adjusted Net Income per share between $4.80-$4.90 (12-15% increase), and Adjusted EBITDA of $1,070-$1,090 million (13-15% increase), factoring in the impact of 10% additional tariffs on Chinese imports announced February 2025.
SharkNinja (NYSE: SN) has launched the Ninja Swirl™ by CREAMi®, a new countertop frozen treat maker that offers both scoop and soft-serve capabilities. The device, priced at $349.99, builds upon the viral success of the original Ninja® CREAMi® from 2023.
The new product features 13 one-touch programs and six soft serve elements, including traditional soft serve, frozen custard, fruit whip, swirled frozen yogurt, and lite ice cream. It incorporates Soft Serve Creamify Technology® for smoother, creamier outputs and includes a specialized CreamiFit™ program for lower-calorie, high-protein options.
The product is currently available on NinjaKitchen.com and will be rolled out to retailers nationwide in Spring, with global launch planned for 2025. The launch addresses the growing trend of at-home ice cream consumption, with over 60% of Americans preferring to enjoy ice cream at home.
SharkNinja (NYSE: SN) has appointed Linus Karlsson as Executive Vice President and Chief Creative Officer, effective March 3. In this newly created role, Karlsson will lead SharkNinja's creative team, focusing on brand storytelling and shaping the company's creative vision while advancing product communication and consumer engagement strategies.
Karlsson brings over 30 years of global experience in creative leadership and brand building, most recently serving as Chief Creative Officer for IKEA. He will work from SharkNinja's global headquarters in Needham, Mass., and the upcoming Creative Design Hub in New York City. During his career, Karlsson has held leadership positions at major creative agencies, including McCann-Erickson, Crispin Porter + Bogusky, and co-founded Mother New York, working with global brands like Mastercard, Nespresso, and Target.
SharkNinja Inc. (NYSE: SN) has launched Shark™ CryoGlow™, its first entry into the skincare category. This FDA-cleared, MedSpa-inspired LED face mask combines iQLED Technology™ with under-eye cooling features. The device offers four treatment modes targeting different skin concerns, including anti-aging, skin clearing, and under-eye revitalization.
The product delivers 5x more energy for fine line reduction and acne treatment compared to leading competitors. Clinical studies demonstrated significant improvements, including 34% more radiant skin after 8 weeks, 20% firmer skin, and 23% reduction in redness. The device features tri-wick LED sequencing and InstaChill Technology™ with three temperature-controlled cooling levels.
Priced at $349.99, Shark™ CryoGlow™ is currently available on Sharkbeauty.com, with wider retail distribution planned for February 2025.
SharkNinja (NYSE: SN) has announced plans to open its first Creative Design Hub in New York City's Flatiron neighborhood in 2025. The company has signed a multi-year lease for over 14,000 square feet at 41 Madison Avenue, featuring views of both the East River and Hudson River.
The hub will include a design prototyping studio, beauty studio for product testing, and dedicated spaces for content creation. SharkNinja plans to create more than 45 roles in its initial phase, with potential for growth. The expansion is supported by up to $920,000 in performance-based Excelsior Jobs Program tax credits from Empire State Development.
The facility aims to foster creativity and innovation while strengthening the company's ability to develop consumer products. Located in Manhattan's Flatiron District, known for its design heritage, the hub will serve as a collaborative workspace to enhance product development and consumer engagement.
SharkNinja (NYSE: SN) has scheduled its fourth quarter and fiscal year 2024 earnings release for Thursday, February 13, 2025, before market open. The company will host a conference call and webcast at 8:30 a.m. Eastern Time on the same day. Investors can access the webcast through the company's Investor Relations website at ir.sharkninja.com. For those preferring to participate via phone, the dial-in numbers are 1-833-470-1428 or 1-404-975-4839 with confirmation code 021127. A replay of the webcast will be available after the event.
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.
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