Stock Track | SharkNinja Stock Soars 11.47% on Strong Q1 Results and Raised 2025 Outlook

Stock Track
08 May

Shares of SharkNinja Inc (SN) are soaring 11.47% in intraday trading following the release of impressive first-quarter 2025 financial results and an upward revision of the company's full-year outlook. The home appliance maker's strong performance and optimistic projections have sparked investor enthusiasm, driving the stock to significant gains.

SharkNinja reported a robust first quarter, with earnings per share (EPS) of $0.87, surpassing analyst estimates of $0.73 by 19.18%. While this represents a 17.92% decrease from the $1.06 per share reported in the same period last year, it still significantly outperformed market expectations. The company's quarterly sales reached $1.22 billion, marking a 14.63% increase year-over-year and beating the consensus estimate of $1.17 billion by 4.59%.

Adding to the positive sentiment, SharkNinja raised its full-year 2025 guidance. The company now projects sales growth between 11% and 13%, up from the previous forecast of 10% to 12%. Additionally, the adjusted EPS outlook was increased to a range of $4.90 to $5.00, compared to the earlier projection of $4.80 to $4.90. CEO Mark Barrocas highlighted the company's proactive approach to navigating the evolving tariff landscape, stating that SharkNinja has implemented a mitigation strategy involving manufacturing efficiencies, strategic retail partnerships, and operational optimizations. This strategy, along with efforts to diversify the supply chain and reduce exposure to China, has bolstered investor confidence in the company's ability to maintain growth despite economic challenges.

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