SharkNinja delivered robust Q3 2024 results with net sales increasing 33.2% to $1.43 billion, driven by strong growth across all product categories. Gross margin improved 320 basis points to 48.7%, while operating income rose 90.7% to $180.3 million. Net income surged to $132.3 million from $18.7 million in Q3 2023.Food Preparation Appliances led growth with a 73.5% increase, followed by Other products up 71.4%, Cooking and Beverage Appliances rising 21.3%, and Cleaning Appliances growing 17.4%. The company's international expansion continued with strong performance in Europe, particularly in outdoor grills and ovens.The company maintained strong liquidity with $127.9 million in cash and $315.9 million available under its revolving credit facility. Management remains focused on product innovation, geographic expansion, and operational efficiency while investing in R&D and marketing to drive future growth.

SharkNinja delivered robust Q3 2024 results with net sales increasing 33.2% to $1.43 billion, driven by strong growth across all product categories. Gross margin improved 320 basis points to 48.7%, while operating income rose 90.7% to $180.3 million. Net income surged to $132.3 million from $18.7 million in Q3 2023.Food Preparation Appliances led growth with a 73.5% increase, followed by Other products up 71.4%, Cooking and Beverage Appliances rising 21.3%, and Cleaning Appliances growing 17.4%. The company's international expansion continued with strong performance in Europe, particularly in outdoor grills and ovens.The company maintained strong liquidity with $127.9 million in cash and $315.9 million available under its revolving credit facility. Management remains focused on product innovation, geographic expansion, and operational efficiency while investing in R&D and marketing to drive future growth.