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SharkNinja, Inc. ( (SN) ) just unveiled an update.
On February 13, 2025, SharkNinja, Inc. announced its financial results for the year ended December 31, 2024, showcasing a significant increase in net sales and income. The company reported a 30% rise in net sales to $5.53 billion and a 162.6% increase in net income to $438.7 million compared to the previous year. The growth was attributed to strong sales across all product categories, especially in food preparation appliances. CEO Mark Barrocas highlighted the company’s successful three-pillar growth strategy, which has enhanced its market share and competitive position. SharkNinja is optimistic about its global expansion and continued innovation, aiming for sustainable growth and value creation for stakeholders.
More about SharkNinja, Inc.
SharkNinja, Inc. is a global product design and technology company specializing in a wide range of appliances, including cleaning, cooking, food preparation, beauty, and home environment products. The company aims to expand its market presence through innovation and a robust product portfolio.
YTD Price Performance: 14.00%
Average Trading Volume: 1,047,076
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $15.48B
See more insights into SN stock on TipRanks’ Stock Analysis page.
