The chart below shows how SN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SN sees a -4.79% change in stock price 10 days leading up to the earnings, and a +4.88% change 10 days following the report. On the earnings day itself, the stock moves by +1.70%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Earnings Beat Expectations: SharkNinja, Inc. reported a strong Q4 2024 performance, beating earnings expectations with an EPS of $1.40 compared to the expected $1.26.
Net Sales Surge: Net sales grew an impressive 30% year-over-year, reaching nearly $1.8 billion in Q4.
EBITDA Growth and Profitability: Adjusted EBITDA increased by 32%, totaling $291 million, showcasing strong profitability alongside revenue growth.
International Net Sales Growth: The company achieved a remarkable 49% growth in international net sales, building on last year's impressive growth in the same quarter.
Adjusted Net Sales Growth: For the full year 2024, adjusted net sales grew by 32%, following a 15% growth in the previous year, indicating sustained momentum.
EBITDA Margin Expansion: SharkNinja expanded its adjusted EBITDA margins by nearly 300 basis points over the past two years, reflecting operational efficiency and profitability.
Product Launch and Innovation: The company launched 25 new products in 2025, demonstrating a strong commitment to innovation and market expansion.
New Product Expansion: The introduction of new subcategories, such as coolers and skin care, has positioned SharkNinja for future growth opportunities.
Consumer Engagement Surge: The Ninja SLUSHi product has gained significant consumer engagement, generating over 0.5 billion social media impressions, indicating strong market interest.
Cleaning Category Growth: The company reported nearly 20% growth in the cleaning category, driven by innovative product launches like Shark POWERDETECT and new hard floor cleaners.
International Sales Success: SharkNinja's international business generated $1.7 billion in net sales outside of North America, highlighting its global reach and success.
Financial Stability and Growth: The company has a strong balance sheet with a cash balance of $364 million and a low net leverage ratio of 0.4x, providing financial stability for future growth.
Strategic Investments Impact: SharkNinja's strategic investments in R&D and marketing are expected to yield significant returns, fueling brand momentum and consumer demand.
Negative
U.K. Market Challenges: Despite strong overall performance, the company faced challenges in the U.K. market due to an intentional shift in their innovation cycle, which may impact Q1 results.
Supply Chain Spending Impact: The company anticipates elevated spending in Q1 related to supply chain diversification, which could affect short-term profitability.
Inventory Level Surge: There was a significant increase in inventory levels, up 29% compared to the previous year, which may indicate potential overstock issues or supply chain challenges.
Revenue Reversal Impact: The transition of Mexico from a distributor model to a direct market involves a one-time revenue reversal, which could impact Q1 financials.
Macroeconomic Uncertainties Impacting Operations: The company acknowledged ongoing macroeconomic uncertainties, particularly related to tariffs, which remain a dynamic challenge for their operations.
SharkNinja, Inc. (NYSE:SN) Q4 2024 Earnings Call Transcript
SN.N
-2.35%