SharkNinja Raises FY2025 Adj EPS Guidance From $4.80-$4.90 To $4.90-$5.00 Vs $4.85 Est; Expects Net Sales To Increase 11% To 13% (Prior 10% To 12%)

Fiscal 2025 Outlook

For fiscal year 2025, SharkNinja expects:

• Net sales to increase 11% to 13% (above the prior expectation of 10% to 12%).
• Adjusted Net Income per diluted share between $4.90 and $5.00, reflecting a 12% to 14% increase compared to the prior year (above the prior expectation of between $4.80 and $4.90, reflecting a 10% to 12% increase).
• Adjusted EBITDA between $1,090 million and $1,110 million, reflecting a 15% to 17% increase compared to the prior year (above the prior expectation of between $1,070 million and $1,090 million, reflecting a 13% to 15% increase).
• A GAAP effective tax rate of approximately 24% to 25%.
• Diluted weighted average shares outstanding of approximately 142.5 million.
• Capital expenditures of $180 million to $200 million primarily to support investments in new product launches and technology.