SharkNinja reports Q3 EPS 95c, consensus 81c

Reports Q revenue $1.07B, consensus $1B…Adjusted EBITDA increased 38.4% to $208.7 M or 19.7% of Adjusted Net Sales. Mark Barrocas, Chief Executive Officer, commented, “I’m thrilled with our strong performance in the third quarter. This is a result of a lot of hard work by our teams across the globe. We continue to deliver on our three-pillar growth strategy of gaining market share in existing categories, entering new and adjacent categories and international expansion. We are leveraging our disruptive innovation engine, our highly effective go-to-market strategy, and our efficient supply chain as we strive to deliver industry-leading growth and profitability.” “We have good momentum as we head into the holiday season. As we look into our future, I’m excited about the tremendous whitespace in front of us. I am confident we’re on the right track to fulfill our mission of positively impacting people’s lives every day in every home around the world and to deliver substantial value to all our stakeholders.”