SharkNinja, Inc. Stock Price, News & Analysis

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.

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.