Shares of SHARKNINJA INC (SN) surged 7.16% in pre-market trading on Thursday following the release of its impressive first-quarter 2025 financial results and optimistic full-year outlook. The company, known for its innovative home appliances, demonstrated robust performance across key financial metrics.
Sharkninja reported a basic earnings per share (EPS) of $0.84 for Q1 2025, showcasing strong profitability. The company's gross profit reached $603.226 million, while operating income stood at $144.946 million. These figures underscore Sharkninja's ability to maintain healthy margins despite challenging market conditions.
Investors were particularly encouraged by Sharkninja's outlook for the fiscal year, projecting sales growth between 11% and 13%. This positive forecast suggests continued momentum in the company's product lines and market expansion strategies. The strong quarterly results, coupled with the optimistic guidance, have fueled investor confidence, leading to the significant pre-market stock price increase.
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