Analysts Offer Insights on Consumer Cyclical Companies: Skechers USA (NYSE: SKX) and SharkNinja, Inc. (NYSE: SN)We step away from the quarter encouraged by the broad-based momentum across SN’s business. In particular, we were pleased to hear recent price increases at each of the company’s brands have largely been well-received by the consumer, where management noted ~80% of these selective price increases have not caused a material pullback in demand. Looking ahead, we see a path for continued revenue growth for SN into 2H and 2026, supported by a robust innovation pipeline, better in-stock rates and new distribution (both domestic and international). That said, SN took a prudent approach regarding its FY outlook given the health of the consumer remains in question as industrywide tariff-related pricing and other actions accelerate into 2H. In particular, commentary on 3Q was modestly light of our prior expectations.