SharkNinja reported strong Q2 2024 financial results with net sales reaching $1.25B, up 31.4% YoY from $950.3M. Net income increased significantly to $68M from $11.9M in Q2 2023, while operating income rose to $103.8M from $55.6M. Gross profit margin improved to 48.1% from 41.8% YoY.The company maintained solid growth across all product categories, with Cleaning Appliances generating $466.1M in sales, Cooking and Beverage Appliances $379.3M, and Food Preparation Appliances $264.9M. Geographically, domestic sales accounted for 69.6% of total revenue, while international markets contributed 30.4%.The company's financial position remains strong with $138.1M in cash and cash equivalents. Under its 2023 Credit Agreement, SharkNinja has access to a $500M revolving credit facility, of which $375.2M remained available as of June 30, 2024, demonstrating ample liquidity for future growth.

SharkNinja reported strong Q2 2024 financial results with net sales reaching $1.25B, up 31.4% YoY from $950.3M. Net income increased significantly to $68M from $11.9M in Q2 2023, while operating income rose to $103.8M from $55.6M. Gross profit margin improved to 48.1% from 41.8% YoY.The company maintained solid growth across all product categories, with Cleaning Appliances generating $466.1M in sales, Cooking and Beverage Appliances $379.3M, and Food Preparation Appliances $264.9M. Geographically, domestic sales accounted for 69.6% of total revenue, while international markets contributed 30.4%.The company's financial position remains strong with $138.1M in cash and cash equivalents. Under its 2023 Credit Agreement, SharkNinja has access to a $500M revolving credit facility, of which $375.2M remained available as of June 30, 2024, demonstrating ample liquidity for future growth.