SHARKNINJA


Associated tags: Ninja, SharkNinja, Retail, Home Goods, NYSE, Consumer

Locations: CANADA, GERMANY, UK, FRANCE, FLORIDA, UNITED STATES, NORTH AMERICA, MASSACHUSETTS, UNITED KINGDOM, US, CHINA, EUROPE

SharkNinja Reports First Quarter 2024 Results

Retrieved on: 
Thursday, May 9, 2024

SharkNinja, Inc. (“SharkNinja” or the “Company”) (NYSE: SN), a global product design and technology company, today announced its financial results for the first quarter ended March 31, 2024.

Key Points: 
  • SharkNinja, Inc. (“SharkNinja” or the “Company”) (NYSE: SN), a global product design and technology company, today announced its financial results for the first quarter ended March 31, 2024.
  • “SharkNinja is off to a strong start in 2024 with outstanding business performance and balanced growth in the first quarter, while driving continued momentum into the second quarter.
  • Cleaning Appliances net sales increased by $7.1 million, or 1.7%, to $421.9 million, compared to $414.9 million in the prior year quarter.
  • A conference call to discuss the first quarter 2024 financial results is scheduled for today, May 9, 2024, at 8:30 a.m. Eastern Time.

SharkNinja Announces First Quarter 2024 Earnings Release and Conference Call Date

Retrieved on: 
Thursday, April 25, 2024

SharkNinja, Inc. (NYSE: SN), a global product design and technology company, today announced that its financial results for the first quarter 2024 will be released on Thursday, May 9, 2024 before market open.

Key Points: 
  • SharkNinja, Inc. (NYSE: SN), a global product design and technology company, today announced that its financial results for the first quarter 2024 will be released on Thursday, May 9, 2024 before market open.
  • The Company will host a live earnings conference call and webcast at 8:30 a.m. Eastern Time that same day.
  • The link to the webcast will be available on the Investor Relations section of the Company’s website at ir.sharkninja.com .
  • Those interested in participating in the live call can dial 1-646-307-1963 or 1-800-715-9871 and enter confirmation code 6097407.

SharkNinja Appoints Patraic Reagan as Chief Financial Officer

Retrieved on: 
Thursday, March 28, 2024

SharkNinja , Inc. (NYSE: SN), a global product design and technology company, today announced that Patraic Reagan has been named Chief Financial Officer, effective April 22, 2024.

Key Points: 
  • SharkNinja , Inc. (NYSE: SN), a global product design and technology company, today announced that Patraic Reagan has been named Chief Financial Officer, effective April 22, 2024.
  • Mr. Reagan will oversee SharkNinja’s financial strategies and lead the company’s global finance organization, including financial planning and analysis, accounting, treasury, tax, internal audit, and investor relations.
  • “We are thrilled that Patraic will be joining our robust financial and leadership bench as we continue to strive to positively impact people's lives in homes around the world, while driving outsized success and creating significant long-term shareholder value.”
    Larry Flynn, who served as Interim Chief Financial Officer since June 2023, will continue in his role as Chief Accounting Officer.
  • "SharkNinja is an innovative company with a large addressable market that continues to grow with each category it enters,” said Mr. Reagan.

SharkNinja Announces Pricing of Secondary Offering of Ordinary Shares

Retrieved on: 
Tuesday, March 19, 2024

SharkNinja, Inc. (NYSE: SN), a global product design and technology company, today announced the pricing of the previously announced secondary offering of 4,691,899 ordinary shares of SharkNinja by certain selling shareholders affiliated with Xuning Wang (collectively, the “Selling Shareholders”) at a price to the public of $58.00 per ordinary share.

Key Points: 
  • SharkNinja, Inc. (NYSE: SN), a global product design and technology company, today announced the pricing of the previously announced secondary offering of 4,691,899 ordinary shares of SharkNinja by certain selling shareholders affiliated with Xuning Wang (collectively, the “Selling Shareholders”) at a price to the public of $58.00 per ordinary share.
  • The Selling Shareholders granted the underwriters a 30-day option to purchase up to an additional 703,785 ordinary shares of SharkNinja.
  • SharkNinja is not selling any ordinary shares in the offering and will not receive any of the proceeds from the sale.
  • Goldman Sachs & Co. LLC, J.P. Morgan, Jefferies and Morgan Stanley are acting as joint lead book-running managers for the offering.

SharkNinja Announces Launch of Secondary Offering of Ordinary Shares

Retrieved on: 
Monday, March 18, 2024

Additionally, the Selling Shareholders intend to grant the underwriters a 30-day option to purchase up to an additional 703,785 ordinary shares of SharkNinja.

Key Points: 
  • Additionally, the Selling Shareholders intend to grant the underwriters a 30-day option to purchase up to an additional 703,785 ordinary shares of SharkNinja.
  • SharkNinja is not selling any ordinary shares in the offering and will not receive any of the proceeds from the sale.
  • Goldman Sachs & Co. LLC, J.P. Morgan, Jefferies and Morgan Stanley are acting as joint lead book-running managers for the proposed offering.
  • The proposed offering of these securities will be made only by means of a prospectus.

SharkNinja Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, February 15, 2024

SharkNinja, Inc. (“SharkNinja” or the “Company”) (NYSE: SN), a global product design and technology company, today announced its financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • SharkNinja, Inc. (“SharkNinja” or the “Company”) (NYSE: SN), a global product design and technology company, today announced its financial results for the fourth quarter and year ended December 31, 2023.
  • Net sales increased 16.5% to $1,377.5 million and Adjusted Net Sales increased 19.7% to $1,377.5 million.
  • Net sales increased 14.4% to $4,253.7 million and Adjusted Net Sales increased 15.4% to $4,176.2 million.
  • Adjusted Gross Profit increased 50.4% to $652.7 million, or 47.4% of Adjusted Net Sales, compared to $434.0 million, or 37.7% of Adjusted Net Sales in the fourth quarter of 2022.

SharkNinja Unveils New Product Innovation and Category Expansions at its First EMEA Product Forum

Retrieved on: 
Thursday, February 1, 2024

SharkNinja , Inc. (NYSE: SN), a global product design and technology company, kicks off 2024 executing its three-pillar growth strategy with the launch of product innovation in new and existing categories.

Key Points: 
  • SharkNinja , Inc. (NYSE: SN), a global product design and technology company, kicks off 2024 executing its three-pillar growth strategy with the launch of product innovation in new and existing categories.
  • View the full release here: https://www.businesswire.com/news/home/20240201411652/en/
    SharkNinja launches the Shark FlexBreeze™, a unique cooling solution built for outdoor and indoor use.
  • Two-in-one cooling tool, which transforms from a pedestal to a tabletop fan at the touch of a button.
  • Additionally, SharkNinja announced today at its inaugural EMEA Product Forum, attended by retailers and partners, its plans to bring 17 additional Shark and Ninja products to the region.

SharkNinja Announces Fourth Quarter and Fiscal Year 2023 Earnings Release and Conference Call Date

Retrieved on: 
Thursday, February 1, 2024

SharkNinja, Inc. (NYSE: SN), a global product design and technology company, today announced that its financial results for the fourth quarter and fiscal year 2023 will be released on Thursday, February 15, 2024 before market open.

Key Points: 
  • SharkNinja, Inc. (NYSE: SN), a global product design and technology company, today announced that its financial results for the fourth quarter and fiscal year 2023 will be released on Thursday, February 15, 2024 before market open.
  • The Company will host a live earnings conference call and webcast at 8:30 a.m. Eastern Time that same day.
  • The link to the webcast will be available on the Investor Relations section of the Company’s website at ir.sharkninja.com .
  • Those interested in participating in the live call can dial 1-877-407-4018 or 1-201-689-8471.

SharkNinja to Participate in the 26th Annual ICR Conference

Retrieved on: 
Tuesday, January 2, 2024

SharkNinja, Inc. (NYSE: SN), a global product design and technology company, today announced that the company will be participating in the 26th Annual ICR Conference in Orlando, Florida.

Key Points: 
  • SharkNinja, Inc. (NYSE: SN), a global product design and technology company, today announced that the company will be participating in the 26th Annual ICR Conference in Orlando, Florida.
  • SharkNinja is hosting a presentation that is scheduled to begin at 9:30 a.m. EST on Tuesday, January 9, 2024.
  • The presentation will be webcast live and available for replay.
  • The webcast link will be available on the Investor Relations section of the company’s website at ir.

SharkNinja Announces Appointment of Adam Petrick as Global Chief Marketing Officer

Retrieved on: 
Monday, December 11, 2023

SharkNinja , Inc. (NYSE: SN), a global product design and technology company, today announced that Adam Petrick has been named its Chief Marketing Officer.

Key Points: 
  • SharkNinja , Inc. (NYSE: SN), a global product design and technology company, today announced that Adam Petrick has been named its Chief Marketing Officer.
  • View the full release here: https://www.businesswire.com/news/home/20231211238808/en/
    “We are thrilled to welcome Adam to the SharkNinja team,” said Mark Barrocas, Chief Executive Officer .
  • “I’m confident that Adam’s experience and vision will propel our brand and global marketing powerhouse.
  • Mr. Petrick will join the SharkNinja executive leadership team and be based out of the company’s headquarters in Needham, Massachusetts.