Track market-moving stories before they get noisy

Smith+Nephew announces cash tender offer for up to $250 million of its outstanding 2.032% notes due 2030

LONDON, UK / ACCESS Newswire / September 8, 2026 / Smith+Nephew, the global medical technology company (the "Company") (LSE:SN)(NYSE:SNN), announces today an offer to purchase for cash (the "Tender Offer"), upon the terms and subject to the conditions set forth in an offer to purchase dated September 8, 2026 (the "Offer to Purchase"), up to U.S.$250 million aggregate principal amount (the "Maximum Tender Amount") of the Company's 2.032% Senior Notes due 2030 (the "Notes") from each registered holder of the Notes (each a "Holder" and collectively, the "Holders"). Capitalized terms not otherwise defined in this announcement have the same meaning as assigned to them in the Offer to Purchase.

Holders are advised to read carefully the Offer to Purchase for full details of, and information on the procedures for participating in, the Tender Offer. The following table sets forth certain information relating to pricing for the Tender Offer.

Title of Security

CUSIP/ISIN(1)

Aggregate Principal Amount

Outstanding

Reference U.S.

Treasury Security

Fixed Spread

(basis points)

Bloomberg

Reference Page(2)

Maximum

Tender Amount(3)

2.032% Senior

Notes due 2030

(Maturity date: October 14, 2030)

83192P AA6 / US83192PAA66

$900,000,000

4.375% U.S.

Treasury due August 31,

2031

55 bps

FIT1

$250,000,000

(1) No representation is made as to the correctness or accuracy of the CUSIP or ISIN numbers listed in this announcement or printed on the Notes. They are provided solely for convenience.

(2) The Bloomberg Reference Page is provided for convenience only. To the extent any Bloomberg Reference Page changes prior to the Price Determination Date (as defined in the Offer to Purchase), the Dealer Manager (as defined below) referred to below will quote the Reference Treasury Security from the updated Bloomberg Reference Page.

(3)The Company reserves the right to increase or decrease the Maximum Tender Amount by press release no later than the third business day before the Expiration Time (as defined below).

Purpose of the Tender Offer

The purpose of the Tender Offer together with the Concurrent Notes Offering (as defined below) is to proactively manage the Company's debt portfolio and to extend the average maturity profile of the Company's existing debt. Notes that are accepted and purchased in the Tender Offer will be canceled and will no longer remain outstanding obligations of the Company.

New Notes and Financing Condition

The Company announced on September 8, 2026 its intention, subject to market conditions, to issue senior notes due 2036 (the "New Notes") in the concurrent notes offering (the "Concurrent Notes Offering"). Whether the Company will accept for purchase any Notes validly tendered in the Tender Offer is subject to, and conditioned upon, satisfaction or, where applicable, waiver of, the Company receiving aggregate gross proceeds from the Concurrent Notes Offering at or prior to the Expiration Time in an amount that is sufficient to effect the repurchase of the Notes validly tendered and accepted for purchase pursuant to the Tender Offer, on terms satisfactory to the Company in its sole discretion (the "Financing Condition").

Allocation of New Notes

The Company intends, in connection with the allocation of the New Notes in the Concurrent Notes Offering, to consider among other factors whether or not the relevant investor seeking an allocation of the New Notes in the Concurrent Notes Offering has validly tendered or indicated to the Company or BofA Securities (the "Dealer Manager") a firm intention to tender any Notes it holds pursuant to the Tender Offer and, if so, the aggregate principal amount of such Notes tendered or indicated to be tendered by such investor. When determining allocations of the notes in the Concurrent Notes Offering, the Company intends to give some degree of preference to those investors who, prior to such allocation, have validly tendered Notes, or have indicated their firm intention to tender Notes, pursuant to the Tender Offer. However, the Company will consider various factors in making allocation decisions and is not obliged to allocate notes in the Concurrent Notes Offering to an investor who has validly tendered or indicated to the Company or the Dealer Manager a firm intention to tender any Notes it holds pursuant to the Tender Offer and if allocated, the amount may be less than the amount tendered and accepted.

Any potential allocation of New Notes in the Concurrent Notes Offering, while being considered by the Company as set out above, will be made in accordance with customary new issue allocation processes and procedures following the completion of the book building process for the Concurrent Notes Offering and will be made at the sole discretion of the Company. In the event that a holder validly tenders Notes pursuant to the Tender Offer, such Notes will remain subject to such tender and the conditions of the Tender Offer as set out in the Offer to Purchase irrespective of whether that holder receives all, part or none of any allocation of New Notes in the Concurrent Notes Offering for which it has applied.

Holders should note that the pricing and allocation of the New Notes are expected to take place prior to the Expiration Time for the Tender Offer and any holder that wishes to subscribe for New Notes in addition to tendering existing Notes for purchase pursuant to the Tender Offer should therefore provide, as soon as practicable, and prior to the New Notes allocation, to the Dealer Manager any indications that it has tendered or an indication of a firm intention to tender Notes for purchase pursuant to the Tender Offer and the quantum of Notes that it intends to tender. Please refer to the Offer to Purchase for further details.

Tender Offer Consideration and Accrued Interest

The consideration offered for each $1,000 principal amount of Notes subject to the Tender Offer validly tendered and not validly withdrawn at or prior to the Expiration Time and accepted for purchase will be the Tender Offer Consideration, which will be payable on the Settlement Date (as defined below). In no event will the Tender Offer Consideration be paid prior to the Expiration Time. The Tender Offer Consideration for the Notes will be determined at the Price Determination Date, expected to be 4:00 p.m., New York City time, on September 15, 2026, taking into account the maturity date of the Notes and shall be calculated in accordance with standard market practice as further described in the Offer to Purchase.

Holders will also receive accrued and unpaid interest thereon from the last interest payment date up to, but excluding, the date of payment of the Tender Offer Consideration, which is expected to be September 18, 2026.

Maximum Tender Amount and Proration

The aggregate principal amount of Notes purchased will not exceed U.S.$250 million. If the aggregate principal amount of Notes validly tendered and not validly withdrawn exceeds the Maximum Tender Amount, acceptance of the Notes will be subject to proration. The Company reserves the right to increase or decrease the Maximum Tender Amount by press release or other public announcement no later than 9:00 a.m., New York City time, on the third business day before the Expiration Time (unless amended).

If the aggregate principal amount of Notes validly tendered and not validly withdrawn would cause the Maximum Tender Amount to be exceeded, then the Tender Offer will be oversubscribed. In that case, the Notes accepted for purchase on the Settlement Date may be accepted on a prorated basis.

All Notes not accepted as a result of proration will be returned to the tendering Holder. A separate tender instruction must be submitted on behalf of each beneficial owner of the Notes, given the potential proration.

Offer Conditions

The Tender Offer is subject to the satisfaction or waiver of certain conditions described in the Offer to Purchase, including the Financing Condition.

Indicative Timetable

The following table sets out the expected dates and times of the key events relating to the Tender Offer. This is an indicative timetable and is subject to change.

Date

Calendar Date and Time

Launch Date

8-Sep-26

Withdrawal Rights

Tendered Notes may be validly withdrawn at any time (i) prior to the earlier of (x) the Expiration Time and (y) if the Tender Offer is extended, the tenth business day after commencement of the Tender Offer, and (ii) after the 60th business day after the commencement of the Tender Offer if for any reason the Tender Offer has not been consummated within 60 business days after commencement.

Price Determination Date

4:00 p.m., New York City time, on September 15, 2026, unless extended.

Expiration Time

5:00 p.m., New York City time, on September 15, 2026, unless extended or earlier terminated.

Results Announcement Date

As soon as practicable on the day following the Expiration Time, expected to be on September 16, 2026, unless extended by the Company.

Settlement Date

Promptly after the Expiration Time, expected to be September 18, 2026, assuming that the Tender Offer is not extended or earlier terminated.

Holders are advised to read carefully the Offer to Purchase for full details of and information on the procedures for participating in the Tender Offer.

Further Information

Holders may access the Offer to Purchase at https://gbsc-usa.com/smith&nephew/.

Questions and requests for assistance in connection with the Tender Offer may be directed to the Dealer Manager at:

Merrill Lynch International

2 King Edward Street London, EC1A 1HQ United Kingdom
Attn: Liability Management Group Telephone (Europe): +44 20 7996 5420
Telephone (U.S. Toll Free): +1 (888) 292-0070
Telephone (U.S.): +1 (980) 387-3907
Email: [email protected]

Questions and requests for assistance in connection with the tender of Notes including requests for a copy of the Offer to Purchase may be directed to:

Global Bondholder Services Corporation

65 Broadway - Suite 404 New York, New York 10006 Attn: Corporate Actions
Banks and Brokers Call: +1 (212) 430-3774
Toll Free: +1 (855) 654-2015
Email: [email protected]

NOTICE AND DISCLAIMER

From time to time, the Company may purchase additional Notes in the open market, in privately negotiated transactions, through tender offers or otherwise, or may redeem Notes pursuant to the terms of the indenture governing the Notes. Any future purchases or redemptions may be on the same terms or on terms that are more or less favorable to Holders of Notes than the terms of the Tender Offer. Any future purchases or redemptions by the Company will depend on various factors existing at that time. There can be no assurance as to which, if any, of these alternatives (or combinations thereof) the Company may choose to pursue in the future. The effect of any of these actions may directly or indirectly affect the price of any Notes that remain outstanding after the consummation or termination of the Tender Offer.

This announcement must be read in conjunction with the Offer to Purchase. This announcement and the Offer to Purchase contain important information which must be read carefully before any decision is made with respect to the Tender Offer. If any Holder is in any doubt as to the action it should take or is unsure of the impact of the Tender Offer, it is recommended to seek its own financial and legal advice, including as to any tax consequences, from its stockbroker, bank manager, attorney, accountant or other independent financial or legal adviser. Any individual or company whose Notes are held on its behalf by a broker, dealer, bank, custodian, trust company or other nominee or intermediary must contact such entity if it wishes to tender Notes in the Tender Offer (or to validly withdraw any such tender). None of the Company, the Dealer Manager, the Information & Tender Agent and any person who controls, or is a director, officer, employee or agent of such persons, or any affiliate of such persons, makes any recommendation as to whether Holders should participate in the Tender Offer.

OFFER AND DISTRIBUTION RESTRICTIONS

This announcement and the Offer to Purchase do not constitute an offer or an invitation to participate in the Tender Offer in any jurisdiction in which, or to any person to or from whom, it is unlawful to make such offer or invitation or for there to be such participation under applicable laws. The distribution of this announcement and the Offer to Purchase in certain jurisdictions may be restricted by law. Persons into whose possession this announcement or the Offer to Purchase comes are required by the Company, the Dealer Manager and the Information & Tender Agent to inform themselves about and to observe any such restrictions.

United Kingdom

The Offer to Purchase is only addressed to Holders where they would (if they were clients of the Company) be per se professional clients or per se eligible counterparties of the Company within the meaning of the rules of the Financial Conduct Authority ("FCA"). Neither the Offer to Purchase nor any other related documents or materials are addressed to or directed at any persons who would be retail clients within the meaning of the FCA rules and any such persons should not act or rely on them. Recipients of the Offer to Purchase and any other documents or materials relating to the Tender Offer should note that the Company is acting on its own account in relation to the Tender Offer and will not be responsible to any other person for providing the protections which would be afforded to clients of the Company or for providing advice in relation to the Tender Offer.

This announcement, the Offer to Purchase and any other documents and/or materials relating to the Tender Offer are not being made and this announcement, the Offer to Purchase and such documents and/or materials have not been approved by an authorized person for the purposes of section 21 of the Financial Services and Markets Act 2000, as amended. Accordingly, this announcement, the Offer to Purchase and such documents and/or materials are not being distributed to, and must not be passed on to, the general public in the United Kingdom. The communication of this announcement, the Offer to Purchase and such documents and/or materials as a financial promotion is only being made to persons outside the United Kingdom and to those persons in the United Kingdom falling within the definition of investment professionals (as defined by Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Financial Promotion Order")) or persons who are within Article 43(2) of the Financial Promotion Order or any other persons to whom they may otherwise lawfully be communicated under the Financial Promotion Order (all such persons together being referred to as "relevant persons") and the transactions contemplated herein will be available only to, and engaged in, by relevant persons. Any person who is not a relevant person should not act on or rely on this announcement, the Offer to Purchase and any such other documents and/or materials in the United Kingdom.

France

This announcement, the Offer to Purchase and any other documents and/or materials relating to the Tender Offer may not be distributed in the Republic of France other than to qualified investors (investisseurs qualifiés) as defined in Article L.411-2 1° of the French Code monétaire et financier and only qualified investors (investisseurs qualifiés) are eligible to participate in the Tender Offer. The Tender Offer, this announcement, the Offer to Purchase and any other documents and/or materials relating to the Tender Offer have not been and will not be submitted for clearance to nor approved by the Autorité des marchés financier.

Italy

None of the Tender Offer, this announcement, the Offer to Purchase and any other documents or materials relating to the Tender Offer has been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa ("CONSOB"), pursuant to Italian laws and regulations. The Tender Offer is being carried out in Italy as an exempted offer pursuant to article 101-bis, paragraph 3 bis of the

Legislative Decree No. 58 of February 24, 1998, as amended (the "Financial Services Act") and article 35-bis, paragraph 4 of CONSOB Regulation No. 11971 of May 14, 1999, as amended. Accordingly, Holders or beneficial owners of the Notes that are located in Italy can tender Notes through authorized persons (such as investment firms, banks or financial intermediaries permitted to conduct such activities in Italy in accordance with the Financial Services Act, CONSOB Regulation No. 20307 of February 15, 2018, as amended from time to time, and Legislative Decree No. 385 of September 1, 1993, as amended) and in compliance with applicable laws and regulations or with requirements imposed by CONSOB or any other Italian authority.

General

This announcement is for informational purposes only and shall not constitute an offer to buy, a solicitation to buy or an offer to sell any securities. The Tender Offer is being made only pursuant to the Offer to Purchase and only in such jurisdictions as is permitted under applicable law. Please see the Offer to Purchase for certain important information on offer restrictions applicable to the Tender Offer.

- ends -

Investor contacts

Media Enquiries

Charles Reynolds +44 7811 121398
Smith+Nephew [email protected]

About Smith+Nephew

Smith+Nephew is a portfolio medical technology business focused on the repair, regeneration and replacement of soft and hard tissue. We exist to restore people's bodies and their self-belief by using technology to take the limits off living. We call this purpose 'Life Unlimited'. Our 17,000 employees deliver this mission every day,

making a difference to patients' lives through the excellence of our product portfolio, and the invention and application of new technologies across our three global business units of Orthopaedics, Sports Medicine & ENT and Advanced Wound Management.

Founded in Hull, UK, in 1856, we now operate in around 100 countries, and generated annual sales of $6.2 billion in 2025. Smith+Nephew is a constituent of the FTSE100 (LSE:SN, NYSE:SNN). The term 'Smith+Nephew' is used to refer to Smith & Nephew plc and its consolidated subsidiaries, unless the context requires otherwise.

For more information about Smith+Nephew, please visit www.smith-nephew.com and follow us on X, LinkedIn, Instagram or Facebook

Smith+Nephew Forward-looking Statements

This announcement contains certain "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. For example, statements regarding expected revenue growth and trading profit margins, market trends and our product pipeline are forward-looking statements. Phrases such as "aim", "plan", "intend", "anticipate", "well-placed", "believe", "estimate", "expect", "target", "consider" and similar expressions are generally intended to identify forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause actual results to differ materially from what is expressed or implied by the statements. For Smith+Nephew, these factors include: conflicts in Europe and the Middle East, economic and financial conditions in the markets we serve, especially those affecting healthcare providers, payers and customers; price levels for established and innovative medical devices; developments in medical technology; regulatory approvals, reimbursement decisions or other government actions; product defects or recalls or other problems with quality management systems or failure to comply with related regulations; litigation relating to patent or other claims; legal and financial compliance risks and related

investigative, remedial or enforcement actions; disruption to our supply chain or operations or those of our suppliers; competition for qualified personnel; strategic actions, including acquisitions and disposals, our success in performing due diligence, valuing and integrating acquired businesses; disruption that may result from transactions or other changes we make in our business plans or organization to adapt to market developments; relationships with healthcare professionals; reliance on information technology and cybersecurity; disruptions due to natural disasters, weather and climate change related events; changes in customer and other stakeholder sustainability expectations; changes in taxation regulations; effects of foreign exchange volatility; effects of AI use and deployment; and numerous other matters that affect us or our markets, including those of a political, economic, business, competitive or reputational nature. Please refer to the documents that Smith+Nephew has filed with the U.S. Securities and Exchange Commission under the U.S. Securities Exchange Act of 1934, as amended, including Smith+Nephew's most recent annual report on Form 20-F for the year ended December 31, 2025 and interim financial statements on Form 6-K for the six months period ended June 27, 2026, which are available on the SEC's website at www. sec.gov and the Offer to Purchase, for a discussion of certain of these factors. Any forward-looking statement is based on information available to Smith+Nephew as of the date of the statement. The Company can give no assurance that any goal or plan set forth in the Company's forward-looking statements will be achieved and readers are cautioned not to place undue reliance on such statements, which speak only as of the date made. All written or oral forward-looking statements attributable to Smith+Nephew are qualified by this caution. Smith+Nephew does not undertake any obligation to update or revise any forward-looking statement to reflect any change in circumstances or in Smith+Nephew's expectations.

◊ Trademark of Smith+Nephew. Certain marks registered in US Patent and Trademark Office.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

SOURCE: Smith & Nephew Plc

A SPECIAL WELCOME GIFT FROM ZACKS.COM Zacks' 7 Strongest Buys for September, 2026 See our "best of the best" short-term stocks. Hand-picked from 220 new Strong Buys, they could be the most profitable stocks you own over the next 90 days. Recent picks have climbed as much as +97.3% within 30 days. Our new recommendations may soar just as high.

A SPECIAL WELCOME GIFT FROM ZACKS.COM Zacks' 7 Strongest Buys for September, 2026 See our "best of the best" short-term stocks. Hand-picked from 220 new Strong Buys, they could be the most profitable stocks you own over the next 90 days. Recent picks have climbed as much as +97.3% within 30 days. Our new recommendations may soar just as high. Today's market dip makes now an ideal time to get in.

loading...

Primed to grow right now with long-term potential gains of 2X and more.

Primed to grow right now with long-term potential gains of 2X and more.

This oil and natural gas company has seen the Zacks Consensus Estimate for its current year earnings increase 241.2% over the last 60 days.

This oil and natural gas company has seen the Zacks Consensus Estimate for its current year earnings increase 241.2% over the last 60 days.

SPCX briefly reclaimed a $2 trillion market cap as Starlink growth, launch dominance and AI ambitions fueled investor optimism despite execution risks.

SPCX briefly reclaimed a $2 trillion market cap as Starlink growth, launch dominance and AI ambitions fueled investor optimism despite execution risks.

The consensus for today is expected to show August jobs up 55,000 (up 53K in the private sector and 2K in the public sector), while the unemployment rate is forecast at 4.2%.

The consensus for today is expected to show August jobs up 55,000 (up 53K in the private sector and 2K in the public sector), while the unemployment rate is forecast at 4.2%.

Stocks priced under $10 can present appealing entry points for investors seeking outsized returns. Here's our list of the best cheap stocks right now.

Stocks priced under $10 can present appealing entry points for investors seeking outsized returns. Here's our list of the best cheap stocks right now.

Gold stocks, or shares of companies involved in mining or streaming the precious metal, offer investors a way to participate indirectly in gold price booms.

Gold stocks, or shares of companies involved in mining or streaming the precious metal, offer investors a way to participate indirectly in gold price booms.

Biotech stocks are one of the most dynamic sectors in the market, combining scientific innovation with substantial financial opportunity. Here are some top current buys.

Biotech stocks are one of the most dynamic sectors in the market, combining scientific innovation with substantial financial opportunity. Here are some top current buys.

Amazon, AbbVie and Alibaba face contrasting growth drivers and challenges, from AI investment and drug launches to costly spending cycles.

Amazon, AbbVie and Alibaba face contrasting growth drivers and challenges, from AI investment and drug launches to costly spending cycles.

›

‹

Featured Zacks Rank Stocks Learn to Profit from the Zacks Rank

#1 Rank After transitioning from a crypto miner to an AI company, things are looking good.

#5 Rank Tobacco stocks have had a bit of a resurgence with the introduction of new products but analysts are starting to pump the b

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers Zacks #1 Rank Top Movers for Value Growth Momentum VGM Income Company Symbol Price %Chg Motorsport... MSGM 4.40 +9.45% EuroDry EDRY 56.06 +7.70% Abercrombie... ANF 148.49 +3.45% TAL Educati... TAL 12.38 +3.25% Polaris PII 62.92 +3.00% Zacks #1 Rank Top Movers7/16 The Zacks #1 Rank List is the best place to start your stock search each morning. It's made up of the top 5% of stocks with the most potential. Each weekday, you can quickly see the Zacks #1 Rank Top Movers from Value to Growth, Momentum and Income, even VGM Score.

Go to Zacks Rank #1 Top Movers

Full Zacks #1 Rank List8/16 You can see the full Zacks #1 Rank List or narrow it down to Zacks #1 Rank Stocks with a Value, Growth, Momentum or Income Style Score of A or B. Plus, you can see the Zacks #1 Rank Stocks with a VGM of A or B. You can also sort the list with criteria you choose, view Additions and Deletions by day, and Performance.

Go to the Zacks #1 Rank List

Zacks #1 Rank Additions Company (Symbol) Research Caterpillar (CAT) Analyst Report Dell Technologies (DELL) Analyst Report Robinhood Markets (HOOD) Analyst Report MongoDB (MDB) Analyst Report Aurora Cannabis (ACB) Snapshot Report Investment Ideas Earnings Analysis More Analysis Reported Earnings Surprises View All Positive Negative Symbol Time Expected Reported %Surprise KNOP 16:24 -0.03 0.10 +433.33 DLTH 05:49 -0.05 0.06 +220.00 PL 16:08 -0.02 0.02 +200.00 EGAN 16:19 0.03 0.08 +166.67 AOUT 16:15 -0.24 0.03 +112.50 EPS Positive Surprises for Sep 04, 2026

Symbol Time Expected Reported %Surprise CURV 16:06 -0.03 -0.04 -33.33 VBNK 07:04 0.34 0.27 -20.59 LE 06:46 0.10 0.09 -10.00 CPB 07:15 0.40 0.39 -2.50 EPS Negative Surprises for Sep 04, 2026

Upcoming Earnings ESP View More Symbol ESP Most Accurate Estimate Consensus Estimate AVO 21.74% 0.14 0.12 INNV 5.88% 0.09 0.09 LMNR 5.26% 0.20 0.19 Featured Stock Picks

Best Airline Stocks to Buy Now September 2026 The airline industry covers a wide range of business models and opportunities. See our picks for the Best Airline Stocks to buy now.

Best Crypto Stocks to Buy for September 2026 Here are our picks for the best publicly traded companies in the cryptocurrency business.

Best Pharmaceutical Stocks to Buy for September 2026 The pharmaceutical industry continues to grow thanks to an aging population and rising demand for new treatments. Which pharma stocks are best?

Best Biotech Stocks to Buy for September 2026 Biotech stocks are one of the most dynamic sectors in the market, combining scientific innovation with substantial financial opportunity. Here are some top current buys.

Best Gold Stocks to Buy for September 2026 Gold stocks, or shares of companies involved in mining or streaming the precious metal, offer investors a way to participate indirectly in gold price booms.

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.

The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.

It also includes access to the Zacks Style Scores.

What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.

Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.

Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.

Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.

VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.

How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.

Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.8% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.

That's where the Style Scores come in.

You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.

As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.

Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: SharkNinja, Inc. (SN - Free Report) SharkNinja, Inc. is a global product design and technology company focused on small household appliances sold under the Shark and Ninja brands. The company develops cleaning, cooking and beverage, food preparation, and beauty and home environment appliances. It distributes products through large retailers, online marketplaces, DTC channels and distributors across North America, Europe and select international markets. Headquartered in Needham, MA, SharkNinja was incorporated in the Cayman Islands on May 17, 2023, as a wholly-owned subsidiary of JS Global Lifestyle Company Limited to facilitate its separation and public listing. The company began trading on the NYSE on July 31, 2023.

SN is a #2 (Buy) on the Zacks Rank, with a VGM Score of B.

Momentum investors should take note of this Consumer Discretionary stock. SN has a Momentum Style Score of B, and shares are up 4% over the past four weeks.

Six analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.42 to $6.54 per share. SN boasts an average earnings surprise of +11.4%.

With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, SN should be on investors' short list.

Panmure Liberum has cut its target price for Smith & Nephew PLC (LSE:SN), the medical devices maker, to 1120p from 1250p, while maintaining its 'hold' rating.

The broker said it still struggled to make a credible investment case after a disappointing second quarter and the departure of chief financial officer John Rogers, who is leaving to become CFO of Baxter.

Smith & Nephew has underperformed the knees market for more than a year, a decline the broker attributed mainly to the lack of a cementless knee product in its range.

The company's revenue guidance for the year was cut from around 6% growth to around 4%, while trading profit guidance was left unchanged at around 8% growth.

Panmure Liberum said this was partly due to one-off tariff refunds and roughly 50 million dollars of additional cost savings, and expressed some scepticism over how sustainable further savings would be.

The broker lowered the multiple it uses to value the company from 9.5 times next-twelve-month earnings before interest, tax, depreciation and amortisation to 8.5 times, reflecting concerns over the achievability of short- and medium-term targets.

Smith & Nephew's shares have fallen just under 15% so far this year and 8% in the past month, despite an ongoing share buyback, with $250 million completed to date, and Cevian Capital increasing its stake to just over 14%.

Panmure Liberum said it would only consider buying the shares if the board pursued more drastic strategic changes, including potentially spinning off the Orthopaedics division.

-

NEEDHAM, Mass.--(BUSINESS WIRE)--SharkNinja, Inc. (NYSE: SN), a global product design and technology company, today announced that the Company will be participating in the Goldman Sachs Global Consumer and Retail Conference in New York City. SharkNinja is hosting a fireside chat that is scheduled to begin at 9:15 a.m. Eastern Time on Tuesday, September 15, 2026.

The fireside chat will be webcast live and available for replay. The link to the webcast will be available on the Investor Relations section of the Company’s website at ir.sharkninja.com.

About SharkNinja

SharkNinja is a global product design and technology company, with a diversified portfolio of 5-star rated lifestyle solutions that positively impact people’s lives in homes around the world. Powered by two trusted, global brands, Shark and Ninja, the company has a proven track record of bringing disruptive innovation to market and developing one consumer product after another has allowed SharkNinja to enter multiple product categories, driving significant growth and market share gains. Headquartered in Needham, Massachusetts with more than 4,100 associates, the company’s products are sold at key retailers, online and offline, and through distributors around the world. For more information, please visit sharkninja.com.

More News From SharkNinja

Back to Newsroom

Chief Commercial Officer Neil B. Shah reported a sale of 50,000 shares of SharkNinja, Inc. (SN -0.84%) on Aug. 26, 2026. SEC Form 4 filing.

Transaction summaryMetricValueTransaction value~$9.3 millionShares sold50,000 sharesPost-transaction shares (indirectly held)497,220 sharesPost-transaction value$93.75 millionTransaction value based on SEC Form 4 weighted average sale price ($186.36); post-transaction value based on Aug. 26, 2026, market close ($188.55).

Key questionsWhat specific ownership structure does this filing clarify?
The filing includes adjustments to reflect that current holdings are held indirectly through a Limited Partnership, following a correction of earlier reporting errors regarding the nature of the Chief Commercial Officer's ownership.What is the executive's remaining equity exposure following this transaction?
Neil B. Shah retains an indirect interest of 497,220 shares through a Limited Partnership, representing a 0.35% ownership stake in the company valued at $93.75 million as of the Aug. 26, 2026 market close.How does the execution price compare to recent market levels?
The weighted-average execution price of $186.36 was recorded on a day when the stock closed at $188.55, and the shares have since reached $192.86 as of Aug. 27, 2026, market close.Company OverviewMetricValueShare Price (as of market close 2026-08-27)$192.86Market Capitalization$27.3 billionRevenue (TTM)$6.9 billionNet Income (TTM)$695.2 millionCompany SnapshotSharkNinja designs and manufactures a diversified portfolio of consumer appliances, including cordless and robotic vacuums, steam mops, wet/dry floor-cleaning products, fans, coolers, frozen-drink appliances, propane grills, and cooking and beverage appliances, generating revenue across multiple product categories in the consumer cyclical sector.The company operates a product-design- and technology-driven business model that develops innovative consumer solutions for household cleaning, outdoor entertaining, and food preparation, and distributes these products through retail channels in the United States, China, and international markets.SharkNinja primarily targets residential consumers seeking innovative and reliable home appliances and outdoor products, with a focus on the mass-market consumer base across North America and emerging international markets.SharkNinja, Inc. is a scaled consumer appliance manufacturer with a market capitalization of $27.3 billion and TTM revenues of $6.9 billion, demonstrating significant scale within the furnishings, fixtures, and appliances sector. The company has achieved substantial momentum, with a one-year stock price appreciation of 59.05%, reflecting investor confidence in its product innovation strategy and market execution. SharkNinja's competitive positioning is anchored in its design-centric approach to consumer appliances and its ability to capture market share across multiple product categories spanning cleaning, outdoor, and culinary applications.

What this transaction means for investorsThis sale from SharkNinja's CCO shouldn't prove to be anything for investors to worry about, despite its size. While a $9.3 million sale is pretty hefty, it only amounted to 9% of Shah's holdings, so they are still aligned with SharkNinja stock's long-term success. Shah's sale shouldn't be viewed as them taking a bullish or bearish stance on the stock itself.

As for SharkNinja's actual operations, sales, and adjusted net income increased by 22% and 29% in its most recent quarter, and it is quickly becoming one of my favorite consumer goods stocks. Typically, a consumer goods stock that focuses on "lifestyle solutions" products sounds risky, as it would be forced to constantly innovate. However, that is the secret sauce behinds SharkNinja's operations. The company's Shark and Ninja brands span 38 product sub-categories, supported by 5,500-plus patents.

SharkNinja aims to introduce 25 new product innovations annually and constantly reinvents itself, relying upon customer feedback for new ideas and iterations alike. That said, SharkNinja now trades at 29 times forward earnings after the stock has spiked 71% in 2026, so investors might want to consider buying in small portions over time if interested. While discretionary consumer goods stocks can tend to be cyclical over time, SN stock has only been firing on all cylinders since going public, and I have no reason to doubt their success anytime soon.

Key Takeaways SharkNinja's international sales rose 36.6% to $624 million, outpacing domestic growth of 15.5%.The United Kingdom, France and Germany led gains as direct operations and product expansion broaden reach.SN raised 2026 sales growth guidance to 16%-17% and Adjusted EBITDA guidance to $1.357-$1.369B. SharkNinja, Inc. (SN - Free Report) is accelerating its international expansion, with overseas markets becoming a growth engine. In the second quarter of fiscal 2026, international net sales increased 36.6% year over year to $624 million, significantly outpacing domestic growth of 15.5%. Growth was broad based across the United Kingdom, Europe and Latin America, reinforcing the scalability of the company’s global model.

The United Kingdom remained a key contributor, with sales rising 18.7% to $255 million. EMEA also delivered strong performance, led by France and Germany, while Italy and Spain benefited from their transition from distributor-led operations to direct markets. These conversions are now complete, creating a foundation for future expansion.

Direct operations are increasingly important to the company’s international strategy. SharkNinja has completed the rollout of its direct-to-consumer platform across major international markets, while France and Germany carry more than 50% more categories than a year ago. Management estimates that the company remains less than 10% penetrated across Europe, the Middle East and Africa (EMEA) categories, leaving significant room for expansion.

SharkNinja is strengthening its international reach through an expanded omnichannel model. Deeper retailer relationships are complemented by Amazon, Mercado Libre, direct-to-consumer websites and social commerce. TikTok Shop is gaining traction, with the company planning to expand its presence to 13 European countries, broadening consumer reach and product launches.

The international opportunity supports SharkNinja’s broader positive outlook for fiscal 2026. The company raised its net sales growth forecast to 16%-17% from 11.5%-12.5% previously, while Adjusted EBITDA guidance increased to $1.36-$1.37 billion from $1.29-$1.30 billion. Management said the higher outlook reflects stronger underlying operating performance, providing a favorable backdrop for continued international expansion.

SN’s Price Performance, Valuation & EstimatesShares of SharkNinja have gained 61.5% over the past three months compared with the industry’s 14.2% growth.

Image Source: Zacks Investment Research

From a valuation standpoint, SN trades at a forward price-to-sales ratio of 3.18X, below the industry’s average of 3.29X. It has a Value Score of B.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for SharkNinja’s fiscal 2026 earnings implies year-over-year growth of 23.9%, while the same for fiscal 2027 indicates an uptick of 15.6%. Estimates for fiscal 2026 and 2027 have been revised upward by 40 cents and 52 cents, respectively, over the past 30 days.

Image Source: Zacks Investment Research

SharkNinja currently carries a Zacks Rank #2 (Buy).

Other Key PicksLifetime Brands (LCUT - Free Report) is a leading designer, marketer and distributor of kitchenware, cutlery & cutting boards, bakeware & cookware, pantryware & spices, tabletop and bath accessories. It currently sports a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for Lifetime Brands’ current financial-year sales and earnings indicates growth of 156.8% and 4.4%, respectively, from the year-ago reported numbers. LCUT delivered a trailing four-quarter earnings surprise of 271.1%, on average.

Alliance Laundry Holdings Inc. (ALH - Free Report) is a provider of commercial laundry systems. It currently carries a Zacks Rank #2 (Buy).

The Zacks Consensus Estimate for Alliance Laundry’s current financial-year earnings and sales suggests growth of 29.4% and 6.5%, respectively, from the year-ago actuals. ALH delivered a trailing four-quarter average earnings surprise of 19.7%.

The RealReal, Inc. (REAL - Free Report) operates an online marketplace for consigned luxury goods. It offers resale product categories, including women's, men's, kids', jewelry and watches, as well as home and art products. The company also holds a Zacks Rank #2 at present.

The Zacks Consensus Estimate for RealReal’s current financial-year earnings and sales indicates growth of 158.3% and 14.3%, respectively, from the year-ago actuals. REAL delivered a trailing four-quarter average negative earnings surprise of 37.5%.

Smith & Nephew PLC (LSE:SN) share prices weakened around 3% after the company announced that chief financial officer John Rogers will leave the company at the end of September.

The medical technology group's shares fell as low as 3.5% in early London trading to around 1,072p against Tuesday’s 1,110.5p close.

Rogers will remain CFO until 30 September 2026 but has stepped down from the board with immediate effect. Smith+Nephew said it has begun a search for his successor.

Pierre Palassian, senior vice president of finance and group controller, will serve as interim CFO until a permanent replacement is appointed.

Palassian has more than 20 years of experience in finance leadership roles and has previously led finance functions across Smith+Nephew’s Global Operations, R&D, Advanced Wound Management, Sports Medicine, International Markets and Emerging Markets businesses.

He joined the company in 2017 following senior roles at AbbVie and Abbott Laboratories (NYSE:ABT).

Chief executive Deepak Nath thanked Rogers for his contributions over the past 3 years, including work on the company’s 12-Point Plan, financial performance and development of its RISE strategy.

Smith+Nephew said Rogers will continue to receive his normal salary, benefits and pension contributions until his departure, with no severance payment.

Outstanding awards under the company’s Annual Incentive Plan, Performance Share Plan and Restricted Share Plan will lapse on 30 September in line with the relevant plan rules.

Roger is leaving the company for an external role in the US.

Plus, defense contractor L3Harris Technologies ousts its CEO following an investigation.

Key Takeaways SharkNinja's Q2 sales rose 22.2%, while adjusted earnings jumped 29.9% and topped estimates.SN raised 2026 sales growth guidance to 16-17% and adjusted earnings guidance to $6.45-$6.55.International growth and gains across Cooking, Beverage, Beauty and Home Environment broaden SN's growth.
SharkNinja, Inc. (SN - Free Report) shares gained 14.7% in the past week, extending a year-to-date advance of 68.5%. The move puts more pressure on operating results to justify a valuation already near the high end of its recent range.

The case for further upside rests on faster sales growth, higher 2026 expectations and broad contributions from product categories and international markets. The counterweight is valuation after the recent price surge.

SN's Q2 Strength Supports the RallySecond-quarter net sales increased 22.2% year over year to $1.77 billion. Adjusted earnings rose 29.9% to $1.26 per share and topped the Zacks Consensus Estimate of $1.10. The quarter marked SharkNinja’s 13th consecutive quarter of double-digit net sales growth.

Management raised its 2026 net sales outlook to growth of 16-17% from 11.5-12.5%. It also lifted adjusted earnings guidance to $6.45-$6.55 per share from $6.00-$6.10, giving the rally support from higher full-year expectations rather than price momentum alone.

SharkNinja's Global Growth Broadens the StoryInternational net sales climbed 36.6% to $624 million in the second quarter, outpacing Domestic growth of 15.5% to $1.14 billion. The U.K. advanced 18.7% to $255 million, while Europe and Latin America also contributed.

SharkNinja completed distributor-to-direct transitions in Italy and Spain and finished rolling out its upgraded direct-to-consumer platform across major international markets. With category penetration across EMEA estimated at less than 10%, established products still have room to reach more markets.

SN's Innovation Engine Adds More Growth PathsCooking and Beverage Appliances sales rose 36.5% to $499 million, while Beauty and Home Environment Appliances surged 65.3% to $285.8 million. Those gains show that growth is not confined to a single product franchise.

The Ninja Crispi Microwave lifted SharkNinja’s sub-category count to 40. Roughly 20 of the 25 products launched annually go into existing categories, while franchises such as Ninja CREAMi continue to expand through new products, features and price points. That mix gives SN multiple ways to sustain category growth.

SN's Premium Valuation Raises the BarSN trades at 27.7X forward 12-month earnings, above its three-year median of 19.2X and versus 15.2X for its industry and 16.5X for its sector. Its three-year range of 12.8X to 29.3X also places the current multiple near the upper end.

Image Source: Zacks Investment Research

Helen of Troy Limited (HELE - Free Report) offers consumer products across beauty, wellness, home and outdoor categories, making it a relevant operating comparison. Newell Brands Inc. (NWL - Free Report) , whose portfolio includes Oster and FoodSaver, provides another household-products reference point. For SN, the premium multiple means further gains increasingly require continued earnings delivery.

SN's Rank and Style Scores Favor GrowthThe bottom line is that SharkNinja’s recent advance has operating support, but the valuation leaves less room for execution misses. Investors weighing more upside have to balance accelerating growth and raised guidance against a multiple that already prices in substantial progress.

SN currently carries a Zacks Rank #2 (Buy), alongside a Growth Score of A, Momentum Score of C, Value Score of F and VGM Score of B. The top-tier Rank and Growth Score favor the growth case, while the VGM Score is supportive across combined styles. The Value Score underscores the valuation concern, and the Momentum Score is less favorable than an A or B. That mix keeps the growth profile attractive without removing the need for valuation discipline. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Key Takeaways SharkNinja lifted 2026 sales growth guidance to 16-17% and adjusted earnings to $6.45-$6.55 per share.International sales rose 36.6% in Q2, led by expansion across the U.K., Europe and Latin America.SN expects a $247.1 million tariff refund benefit but plans to reinvest part of the proceeds in growth. SharkNinja, Inc. (SN - Free Report) materially raised its 2026 outlook after second-quarter net sales and adjusted earnings exceeded the Zacks Consensus Estimate. The higher targets reflect broad category growth and faster international expansion. The key issue is whether that momentum can sustain the higher earnings trajectory while tariffs and heavier operating investment continue to pressure margins.

SN's Guidance Raise Resets 2026 ExpectationsManagement now expects 2026 net sales growth of 16-17%, up from its prior 11.5-12.5% range. Adjusted earnings are projected at $6.45-$6.55 per share, compared with the previous $6-$6.10 outlook.

Adjusted EBITDA guidance also increased to $1.36-$1.37 billion from $1.29-$1.30 billion. The revision followed second-quarter net sales growth of 22.2% to $1.77 billion and adjusted earnings growth of 29.9% to $1.26 per share, which topped the Zacks Consensus Estimate of $1.10.

Image Source: Zacks Investment Research

SharkNinja's International Growth Leads the UpsideInternational net sales increased 36.6% year over year to $624 million in the second quarter, well ahead of Domestic growth of 15.5% to $1.14 billion. Expansion across the United Kingdom, Europe and Latin America supported the gap.

Management estimates SharkNinja remains less than 10% penetrated across categories in EMEA. The company has also completed distributor-to-direct transitions in Italy and Spain, finished rolling out its upgraded direct-to-consumer platform across major international markets and expanded TikTok Shop to seven countries by quarter-end.

SN's Tariff Refund Adds a Complex Earnings TailwindAbout $247.1 million of tariff refund claims have been accepted by U.S. Customs and Border Protection, and SharkNinja expects to recognize the benefit as a reduction of cost of sales in the third quarter of 2026. The refund creates a sizable accounting benefit, but it does not fully explain the guidance raise.

Approximately 15 cents of the increase in adjusted earnings guidance and about $30 million of the higher adjusted EBITDA outlook reflect the expected refund benefit. Management plans to reinvest part of the proceeds in retail activation, media, technology and artificial intelligence while continuing to absorb ongoing tariff and input-cost pressures.

SharkNinja's Spending Could Temper Margin GainsResearch and development expense rose 22.3% year over year in the second quarter, sales and marketing increased 23.4% and general and administrative expense climbed 40.8%. Adjusted EBITDA still grew 18.6%, but its margin declined about 50 basis points to 15%.

Those figures keep operating leverage in focus because revenue must continue to outpace selected investment areas. Newell Brands Inc. (NWL - Free Report) is a relevant consumer-products comparison through kitchen-appliance brands such as Oster and household offerings including FoodSaver. Helen of Troy Limited (HELE - Free Report) also operates across branded home, outdoor, beauty and wellness products, providing another reference point for consumer spending and margin execution.

SN's Rank and Scores Back the Earnings MomentumThe bottom line is that SharkNinja's higher outlook is supported by faster international growth and broad operating momentum, while tariffs and elevated spending remain meaningful offsets. The earnings trajectory has improved, but sustained execution matters as the stock trades at a premium valuation.

Image Source: Zacks Investment Research

SN currently carries a Zacks Rank #2 (Buy), along with a Growth Score of A and VGM Score of B. That combination is favorable for investors emphasizing growth within top Zacks Rank stocks. The Value Score of F reflects weaker value characteristics, while the Momentum Score of C is less supportive than an A or B, keeping the overall setup positive but selective rather than one-sided. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.

The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.

Zacks Premium includes access to the Zacks Style Scores as well.

What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.

Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.

The Style Scores are broken down into four categories:

Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.

Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.

Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.

VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.

#1 (Strong Buy) stocks have produced an unmatched +23.94% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.

With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.

That's where the Style Scores come in.

To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.

As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.

Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: SharkNinja, Inc. (SN - Free Report) SharkNinja, Inc. is a global product design and technology company focused on small household appliances sold under the Shark and Ninja brands. The company develops cleaning, cooking and beverage, food preparation, and beauty and home environment appliances. It distributes products through large retailers, online marketplaces, direct-to-consumer channels and distributors across North America, Europe and select international markets. Headquartered in Needham, MA, SharkNinja was incorporated in the Cayman Islands on May 17, 2023, as a wholly-owned subsidiary of JS Global Lifestyle Company Limited to facilitate its separation and public listing. The company began trading on the NYSE on July 31, 2023.

SN is a #2 (Buy) on the Zacks Rank, with a VGM Score of B.

Momentum investors should take note of this Consumer Discretionary stock. SN has a Momentum Style Score of B, and shares are up 25.2% over the past four weeks.

For fiscal 2026, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.14 to $6.26 per share. SN boasts an average earnings surprise of +11.4%.

With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, SN should be on investors' short list.

Have you been paying attention to shares of SharkNinja, Inc. (SN - Free Report) ? Shares have been on the move with the stock up 25.2% over the past month. The stock hit a new 52-week high of $191.22 in the previous session. SharkNinja, Inc. has gained 67.7% since the start of the year compared to the -7.4% gain for the Zacks Consumer Discretionary sector and the 15.6% return for the Zacks Consumer Products - Discretionary industry.

What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on August 5, 2026, SharkNinja, Inc. reported EPS of $1.26 versus consensus estimate of $1.1.

For the current fiscal year, SharkNinja, Inc. is expected to post earnings of $6.26 per share on $7.48 in revenues. This represents a 18.56% change in EPS on a 16.83% change in revenues. For the next fiscal year, the company is expected to earn $7.22 per share on $8.36 in revenues. This represents a year-over-year change of 15.42% and 11.8%, respectively.

Valuation MetricsThough SharkNinja, Inc. has recently hit a 52-week high, what is next for SharkNinja, Inc.? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.

On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). The individual style scores for Value, Growth, Momentum and the combined VGM Score run from A through F. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.

SharkNinja, Inc. has a Value Score of F. The stock's Growth and Momentum Scores are A and B, respectively, giving the company a VGM Score of B.

In terms of its value breakdown, the stock currently trades at 30X current fiscal year EPS estimates, which is a premium to the peer industry average of 15.8X. On a trailing cash flow basis, the stock currently trades at 30.9X versus its peer group's average of 8X. Additionally, the stock has a PEG ratio of 2.09. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.

Zacks RankWe also need to consider the stock's Zacks Rank, as this is even more important than the company's VGM Score. Fortunately, SharkNinja, Inc. currently has a Zacks Rank of #2 (Buy) thanks to favorable earnings estimate revisions from covering analysts.

Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if SharkNinja, Inc. meets the list of requirements. Thus, it seems as though SharkNinja, Inc. shares could have potential in the weeks and months to come.

How Does SN Stack Up to the Competition?Shares of SN have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is Lifetime Brands, Inc. (LCUT - Free Report) . LCUT has a Zacks Rank of #1 (Strong Buy) and a Value Score of A, a Growth Score of C, and a Momentum Score of D.

Earnings were strong last quarter. Lifetime Brands, Inc. beat our consensus estimate by 690.00%, and for the current fiscal year, LCUT is expected to post earnings of $1.39 per share on revenue of $673.81 million.

Shares of Lifetime Brands, Inc. have gained 16.6% over the past month, and currently trade at a forward P/E of 6.93X and a P/CF of 2.89X.

The Consumer Products - Discretionary industry is in the top 38% of all the industries we have in our universe, so it looks like there are some nice tailwinds for SN and LCUT, even beyond their own solid fundamental situation.

Investors interested in stocks from the Consumer Products - Discretionary sector have probably already heard of Lifetime Brands (LCUT) and SharkNinja, Inc. (SN). But which of these two stocks presents investors with the better value opportunity right now?

Chief Executive Officer Mark Barrocas disposed of ~579,000 ordinary shares of SharkNinja, Inc. (SN +3.11%) through a series of transactions executed on August 5, 2026 and August 6, 2026 according to a recent SEC Form 4 filing.

Transaction summaryMetricValueTransaction value~$103.4 millionShares sold578,700Post-transaction shares (directly held)1,617,959Post-transaction value~$300.16 millionTransaction value based on SEC Form 4 weighted average sale price ($178.59); post-transaction value based on August 7, 2026 market close ($185.52).

Key questionsWhat was the primary driver of this liquidation event?
This was a cashless exercise and sale where Mark Barrocas exercised 200,000 restricted stock units (RSUs) and immediately liquidated the resulting shares, with 500,000 total shares sold at market prices and 78,700 shares withheld by the company for tax withholding.What is the executive's remaining equity exposure?
The CEO retains direct ownership of ~1.6 million shares and ~300,000 RSUs, representing a 1.0% ownership interest in the $25.5 billion consumer technology company.How has the stock performed relative to the transaction date?
SharkNinja shares have delivered a 61% return for the one-year period ending August 5, 2026, and were priced at $179.93 as of the August 6, 2026 market close.What is the current scale of the company's financial operations?
The Needham-based firm reported trailing twelve-month revenue of $6.9 billion and net income of $695.2 million, employing 4,143 full-time workers in the furnishings and appliances industry.Company OverviewMetricValueShare Price (as of market close 2026-08-06)$179.93Market Capitalization$25.5 billionRevenue (TTM)$6.9 billionNet Income (TTM)$695.2 millionCompany SnapshotSharkNinja designs and manufactures a diversified portfolio of consumer appliances, including cordless and robotic vacuums, floor care products, fans, coolers, cooking appliances, and beverage solutions, generating revenue across multiple product categories in the consumer discretionary market.The company operates a product-driven business model centered on innovation and technology development, distributing its appliances through retail channels and direct-to-consumer platforms across the United States, China, and international markets.SharkNinja targets residential consumers seeking premium home appliances and kitchen solutions, with a primary focus on the North American market while expanding its presence in emerging geographies including China.SharkNinja is a leading product design and technology company with a $25.5 billion market cap and a net profit margin of 10.1%. The company has demonstrated strong momentum, with a one-year stock price appreciation of 61.04%, reflecting investor confidence in its diversified appliance portfolio and innovation-driven strategy.

SharkNinja's competitive positioning is anchored by its brand strength, product design capabilities, and established distribution networks across multiple consumer appliance categories.

What this transaction means for investorsThe Aug. 5 and Aug. 6 sale of SharkNinja stock for a weighted average price of $178.59 was a substantial 26% reduction of CEO Mark Barrocas’ holdings. It was executed at a time when shares were soaring, eventually reaching a 52-week high of $187.63 on Aug. 7.

It makes sense Barrocas would capitalize on the share price increase to dispose of shares. He retained a sizable equity stake of 1.6 million directly-held shares post-transaction, and an additional 300,000 RSUs. This helps to ensure his continued alignment with shareholder interests.

SharkNinja shares are up thanks to a stellar second quarter earnings report. The company delivered a strong 22% year-over-year increase in sales to $1.8 billion. The excellent performance led to SharkNinja management raising 2026 full-year guidance to sales growth between 16% to 17% over 2025. The previous forecast called for an 11.5% to 12.5% increase.

Robert Izquierdo has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends SharkNinja. The Motley Fool has a disclosure policy.

Key Takeaways SharkNinja posted Q2 earnings and revenue above estimates, fueled by broad-based category growth.SN grew across all four operating segments in Q2, led by Beauty and Home Environment Appliances.SN lifted its 2026 sales, adjusted EPS and adjusted EBITDA outlook after stronger execution. SharkNinja, Inc. (SN - Free Report) delivered another strong quarterly performance, supported by broad-based category growth, accelerating international demand and continued product innovation. The company reported adjusted earnings of $1.26 per share, increasing 29.9% year over year and surpassing the Zacks Consensus Estimate of $1.10 by 14.5%.

Net sales increased 22.2% year over year to $1,765.5 million or 21.6% on a constant-currency basis, exceeding the consensus estimate of $1,639 million by 7.7%. Management noted that the company delivered its 13th consecutive quarter of double-digit net sales growth, with revenues expanding at its fastest pace since the fourth quarter of 2024.

Management attributed the performance to SharkNinja's three-pillar growth strategy focused on expanding existing product categories, entering adjacent categories and accelerating international expansion. Strong execution across these initiatives, coupled with improving profitability, prompted management to raise its 2026 outlook across net sales, adjusted earnings and adjusted EBITDA. Investors responded positively to the results, sending SN shares up by approximately 8.3% in yesterday's trading session.

SharkNinja Posts Strong Growth Across All Major CategoriesSharkNinja generated growth across each of its four major operating segments during the second quarter. Cleaning Appliances revenues increased 4.1% year over year to $522 million, missing the Zacks Consensus Estimate of $551 million, as growth was driven by continued demand for carpet extractors and cordless vacuums. Cooking and Beverage Appliances remained one of the strongest contributors, with revenues increasing 36.5% to $499 million, surpassing the consensus estimate of $406 million, supported by robust sales of the Ninja Luxe Cafe espresso machine and Ninja Crispi platform.

Food Preparation Appliances revenues rose 13.3% year over year to $458.6 million, which surpassed the consensus estimate of $446 million, benefiting from continued strength in the blending category. Beauty and Home Environment Appliances once again delivered the strongest growth, with revenues surging 65.3% to $285.8 million, which surpassed the consensus estimate of $218 million and was driven by strong consumer demand for skincare products and fan offerings.

Management highlighted multiple innovation-led product launches during the second quarter, including Shark Luxe Home, Shark CarpetForce, Shark PowerDetect Transformer and BlendBOSS. The company further expanded into adjacent categories with the introduction of the Ninja Crispi Microwave, thereby reinforcing its strategy of solving consumer problems through continuous innovation. Management noted that the new microwave generated more than 8 million social media impressions during its first week, reflecting strong early consumer interest.

International Expansion Continues to Fuel SN's GrowthInternational operations remained SharkNinja's fastest-growing business during the second quarter. International net sales increased 36.6% year over year to $624 million, substantially exceeding domestic sales growth of 15.5% year over year to $1.14 billion. Management attributed the strong performance to continued expansion across the United Kingdom, Europe and Latin America, supported by successful rollout of existing product categories into additional international markets.

Management emphasized the growing importance of social commerce. TikTok Shop operations expanded from zero countries a year ago to seven countries by the end of the second quarter. Products such as the Ninja NeverDull Knife System continued to attract younger consumers, while management expects its TikTok Shop presence to more than double before the holiday season.

SN Navigates Tariff Headwinds While Delivering Strong Profit GrowthSN's profitability reflected continued operational strength despite tariff-related cost pressures. Gross profit increased 21.5% year over year to $860.3 million. However, gross margin declined 30 basis points to 48.7%. Adjusted gross profit increased 20.4% to $860.3 million, while adjusted gross margin contracted 70 basis points to 48.7%.

The margin pressure primarily reflected higher U.S. tariff costs, unfavorable foreign exchange movements and increased retailer activations. These headwinds were partially offset by cost optimization initiatives, favorable category and channel mix and lower sourcing service fees following the expiration of the JS Global sourcing agreement in July 2025.

SN Continues Investing in Innovation & Global ExpansionSharkNinja continued investing aggressively to support product innovation and international growth. Research and development expenses increased 22.3% year over year to $109.3 million, primarily reflecting higher personnel expenses, increased prototype development and testing costs.

Sales and marketing expenses increased 23.4% to $441.5 million, driven by higher delivery and distribution expenses, advertising investments, personnel costs supporting product launches and international expansion, as well as higher merchant processing fees. General and administrative expenses rose 40.8% to $130.1 million, mainly due to higher personnel-related costs, including increased share-based compensation, along with higher professional and consulting expenses.

Management discussed its expanding artificial intelligence initiatives, highlighting that AI is accelerating product development, improving consumer insights and enhancing marketing analytics. The company continues to advance multiple AI projects through its "Jailbreak SharkNinja" program, which management believes will strengthen innovation and operating efficiency.

SN Delivers Higher Adjusted EBITDA Despite Margin PressureSharkNinja continued translating strong revenue growth into improved profitability. Adjusted operating income increased 19.6% year over year to $231.5 million, while adjusted operating margin was 13.1% compared with 13.4% in the prior-year quarter.

Adjusted EBITDA increased 18.6% year over year to $264.9 million, while adjusted EBITDA margin was 15% compared with 15.5% in the year-ago period. Adjusted net income increased 29.3% to $178.2 million despite ongoing tariff-related headwinds.

SN Maintains Strong Liquidity PositionSharkNinja ended the second quarter with cash and cash equivalents of $779.8 million and $489.8 million of available borrowing capacity under its revolving credit facility. Total debt, excluding unamortized deferred financing costs, stood at $718.9 million.

Inventories increased 14.1% to $1.14 billion compared with year-end 2025 as the company continued building inventory to support product launches and international expansion. During the second quarter, SharkNinja repurchased 815,233 ordinary shares for $99.7 million under its existing share repurchase authorization.

SharkNinja Raises 2026 Outlook Across Key MetricsManagement raised its 2026 outlook following stronger-than-expected operating performance. The company expects net sales growth of 16-17% compared with its previous outlook of 11.5-12.5%. Adjusted earnings per share are projected between $6.45 and $6.55, reflecting a 22.2% to 24.1% increase year over year and up from the prior guidance of $6-$6.10.  Approximately 15 cents of the increase reflects the expected benefit from tariff refunds.

Adjusted EBITDA is expected to be between $1.36 billion and $1.37 billion, compared with the previous outlook of $1.29-$1.30 billion. Roughly $30 million of the increase reflects the anticipated benefit from tariff refunds.

Management disclosed that approximately $247.1 million of tariff refund claims have been accepted by U.S. Customs and Border Protection. As a result, SharkNinja expects to recognize an approximately $247.1 million benefit as a reduction in cost of sales, together with a corresponding receivable, in the third quarter of fiscal 2026.

Capital expenditures are expected to be between $190 million and $210 million, primarily to support new product launches and technology. Management noted that tariff refund proceeds will also be reinvested into retail activation, media spending and mitigating ongoing tariff and input-cost pressures while maintaining confidence in the company's long-term growth strategy.

SN Stock Past-Three Month performance

Image Source: Zacks Investment Research

Shares of this Zacks Rank #2 (Buy) company have risen 61% over the past three months compared with the industry’s growth of 11.9%.

Eye These Other Top-Ranked PicksNewell Brands Inc. (NWL - Free Report) is a global consumer goods company that designs, manufactures and markets branded products across home, kitchen, writing, baby, outdoor and commercial categories. It currently sports a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for NWL’s current financial-year sales and earnings indicates growth of 1.2% and 12.3%, respectively, from the year-ago reported numbers. The company delivered a trailing four-quarter earnings surprise of 40%, on average.

ACCO Brands Corporation (ACCO - Free Report) is a global consumer and business products company that designs, manufactures and markets office, school, technology and workspace products. It currently carries a Zacks Rank #2.

The Zacks Consensus Estimate for ACCO Brands’ current financial-year earnings and sales suggests growth of 4.8% and 2.8%, respectively, from the year-ago actuals. ACCO delivered a trailing four-quarter average earnings surprise of 35.7%.

Interparfums, Inc. (IPAR - Free Report) designs, manufactures, markets and distributes prestige fragrances and beauty products under licensing agreements with leading luxury fashion brands. It has a Zacks Rank of 2 at present.

The Zacks Consensus Estimate for Interparfums’ current financial-year earnings and sales implies a decline of 7.4% and 0.6%, respectively, from the year-ago actuals. IPAR delivered a trailing four-quarter average earnings surprise of 8.4%.

SharkNinja, Inc. (SN - Free Report) came out with quarterly earnings of $1.26 per share, beating the Zacks Consensus Estimate of $1.1 per share. This compares to earnings of $0.97 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +14.55%. A quarter ago, it was expected that this company would post earnings of $1.01 per share when it actually produced earnings of $1.09, delivering a surprise of +7.92%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

SharkNinja, Inc., which belongs to the Zacks Consumer Products - Discretionary industry, posted revenues of $1.77 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 7.70%. This compares to year-ago revenues of $1.44 billion. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

SharkNinja, Inc. shares have added about 50.3% since the beginning of the year versus the S&P 500's gain of 13%.

What's Next for SharkNinja, Inc.?While SharkNinja, Inc. has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for SharkNinja, Inc. was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.72 on $1.81 billion in revenues for the coming quarter and $6.16 on $7.2 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Consumer Products - Discretionary is currently in the bottom 22% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, Spectrum Brands (SPB - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on August 7.

This holding company is expected to post quarterly earnings of $1.49 per share in its upcoming report, which represents a year-over-year change of +20.2%. The consensus EPS estimate for the quarter has been revised 1.1% higher over the last 30 days to the current level.

Spectrum Brands' revenues are expected to be $732.44 million, up 4.7% from the year-ago quarter.

Raises Fiscal Year 2026 Outlook Across Key Metrics on Strong Operational Performance

NEEDHAM, Mass.--(BUSINESS WIRE)--SharkNinja, Inc. (“SharkNinja” or the “Company”) (NYSE: SN), a global product design and technology company, today announced its financial results for the second quarter ended June 30, 2026.

Highlights for the Second Quarter 2026 as compared to the Second Quarter 2025

Net sales increased 22.2% to $1,765.5 million. Gross margin and Adjusted Gross Margin decreased 30 and 70 basis points, respectively. Net income decreased 7.0% to $129.8 million. Adjusted Net Income increased 29.3% to $178.2 million. Adjusted EBITDA increased 18.6% to $264.9 million, or 15.0% of net sales. Mark Barrocas, Chief Executive Officer, commented: “Q2 was a standout performance for SharkNinja, with net sales growth accelerating to 22.2%, our fastest pace since 2024, powered by broad-based strength across our categories, geographies, and channels. This quarter was a clear demonstration of the size and durability of our core business, an area we believe is often underestimated. Our largest, most established franchises like Cleaning and Blending continue to grow through diversification and relentless innovation, and our International business delivered 36.6% growth, accelerating yet again with strong results across the UK, Europe, and Latin America.

That strength carried through to our bottom line, with Adjusted EBITDA up 18.6% and Adjusted Net Income Per Share up 29.9% year-over-year. Our steadfast commitment to solving consumer problems is resonating across the globe, and we believe the number of problems left to address is endless. We head into the second half of the year with real momentum and increasing confidence in our ability to deliver strong, profitable growth over the long term.”

Three Months Ended June 30, 2026

Net sales increased 22.2% to $1,765.5 million, compared to $1,444.9 million during the same period last year, or 21.6% on a constant currency basis. The increase in net sales resulted from growth in Cooking and Beverage Appliances, Beauty and Home Environment Appliances, Food Preparation Appliances and Cleaning Appliances.

Cleaning Appliances net sales increased by $20.6 million, or 4.1%, to $522.0 million, compared to $501.5 million in the prior year quarter, driven by the carpet extractor and cordless vacuums sub-categories. Cooking and Beverage Appliances net sales increased by $133.3 million, or 36.5%, to $499.0 million, compared to $365.7 million in the prior year quarter, driven by sales of our Ninja Luxe Café espresso machine and the strength of the Ninja Crispi. Food Preparation Appliances net sales increased by $53.8 million, or 13.3%, to $458.6 million, compared to $404.8 million in the prior year quarter, driven by strong growth in our blending sub-category. Beauty and Home Environment Appliances net sales increased by $112.9 million, or 65.3%, to $285.8 million, compared to $172.9 million in the prior year quarter, driven by continued strength of our skincare and fan product portfolios. Geographically, Domestic net sales increased by $153.4 million, or 15.5%, for the three months ended June 30, 2026, compared to the three months ended June 30, 2025. This increase was driven by growth within existing categories and the success of new product categories. International net sales increased by $167.2 million, or 36.6%, for the three months ended June 30, 2026, compared to the three months ended June 30, 2025. This increase was driven by continued success within core categories into new international markets and consistent growth in our key international countries.

Gross profit increased 21.5% to $860.3 million, or 48.7% of net sales, compared to $708.2 million, or 49.0% of net sales, in the prior year quarter. Adjusted Gross Profit increased 20.4% to $860.3 million, or 48.7% of net sales, compared to $714.4 million, or 49.4% of net sales, in the prior year quarter. The decrease in gross margin and Adjusted Gross Margin of 30 and 70 basis points, respectively, was primarily driven by the cost pressures related to tariffs in the U.S. market, unfavorable foreign currency, and increased retailer activations, partially offset by cost optimization efforts, favorable shifts in our categories and channels, and a decline in the amounts owed under a contractual sourcing service fee paid to JS Global for supply chain services, which ended July 31, 2025.

Research and development expenses increased 22.3% to $109.3 million, or 6.2% of net sales, compared to $89.4 million, or 6.2% of net sales, in the prior year quarter. This increase was primarily driven by an increase of $13.2 million in personnel-related expenses reflecting increased headcount to support new product categories and new market expansion, and an increase of $3.5 million in prototypes and testing costs.

Sales and marketing expenses increased 23.4% to $441.5 million, or 25.0% of net sales, compared to $357.7 million, or 24.8% of net sales, in the prior year quarter. This increase was primarily attributable to increases of $26.2 million in delivery and distribution costs, driven by higher volumes, changes in product mix and higher fuel costs, $20.7 million in advertising-related expenses, $19.9 million in personnel-related expenses to support new product launches and expansion into new markets, $8.8 million in credit card processing and merchant fees, and $2.6 million in product sample costs to support marketing and social commerce initiatives.

General and administrative expenses increased 40.8% to $130.1 million, or 7.4% of net sales, compared to $92.4 million, or 6.4% of net sales, in the prior year quarter. This increase was driven by an increase of $30.3 million in personnel-related expenses, primarily due to a $22.6 million increase in share-based compensation, as well as an increase of $5.1 million in professional and consulting fees.

Operating income increased 6.4% to $179.4 million, or 10.1% of net sales, compared to $168.6 million, or 11.6% of net sales, during the prior year quarter. Adjusted Operating Income increased 19.6% to $231.5 million, or 13.1% of net sales, compared to $193.5 million, or 13.4% of net sales, in the prior year quarter.

Net income decreased 7.0% to $129.8 million, or 7.4% of net sales, compared to $139.6 million, or 9.7% of net sales, in the prior year quarter. Net income per diluted share decreased 6.1% to $0.92, compared to $0.98 in the prior year quarter.

Adjusted Net Income increased 29.3% to $178.2 million, or 10.1% of net sales, compared to $137.8 million, or 9.5% of net sales, in the prior year quarter. Adjusted Net Income per diluted share increased 29.9% to $1.26, compared to $0.97 in the prior year quarter.

Adjusted EBITDA increased 18.6% to $264.9 million, or 15.0% of net sales, compared to $223.4 million, or 15.5% of net sales, in the prior year quarter.

Balance Sheet and Cash Flow Highlights

As of June 30, 2026, the Company had cash and cash equivalents of $779.8 million and available capacity under its revolving credit facility of $489.8 million. Total debt, excluding unamortized deferred financing costs, was $718.9 million.

Inventories as of June 30, 2026 increased 14.1% to $1,143.6 million, compared to $1,002.2 million as of December 31, 2025.

During the three and six months ended June 30, 2026, the Company repurchased 815,233 and 1,008,368 ordinary shares, respectively, under its $750.0 million share repurchase program authorized by the Board of Directors on February 11, 2026 (the “Repurchase Program”) at an aggregate cost of $99.7 million and $119.7 million, respectively, at an average price of $122.29 and $118.71 per share, respectively.

Fiscal 2026 Outlook

For fiscal year 2026, SharkNinja expects:

Net sales to increase 16.0% to 17.0% compared to the prior year (above the prior expectation of 11.5% to 12.5%). Adjusted Net Income per diluted share between $6.45 and $6.55, reflecting a 22.2% to 24.1% increase compared to the prior year (above the prior expectation of between $6.00 and $6.10, reflecting a 13.6% to 15.5% increase). Of the $0.45 increase, approximately $0.15 is associated with the expected net tariff refund benefit. Adjusted EBITDA between $1,357 million and $1,369 million, reflecting a 19.5% to 20.5% increase compared to the prior year (above the prior expectation of between $1,290 million and $1,300 million, reflecting a 13.5% to 14.5% increase). Of the $67 million to $69 million increase, approximately $30 million is associated with the expected net tariff refund benefit. A GAAP effective tax rate of approximately 22.0% to 23.0%. Diluted weighted average shares outstanding of approximately 142.5 million. Capital expenditures in the range of $190 million to $210 million primarily to support investments in new product launches and technology. The Company’s updated outlook reflects stronger underlying operating performance complemented by the expected net benefit from tariff refunds. In Q3 2026, SharkNinja submitted refund claims of approximately $247.1 million through the U.S. Customs and Border Protection (“CBP”) refund process, and the CBP accepted those claims. As a result, the Company expects to recognize a benefit of approximately $247.1 million as a reduction of cost of sales, with a corresponding receivable, in the third quarter of 2026. The underlying duties subject to refund are expected to be split approximately evenly between amounts previously expensed in fiscal 2025 and in the first half of 2026. We have treated the refunds consistently with the period in which the underlying tariff costs were recognized. Refunds associated with tariffs expensed in 2025 will benefit our GAAP results and cash flow, but will be excluded from Adjusted Net Income, Adjusted EBITDA, and Adjusted Net Income per diluted share in our Fiscal 2026 Outlook. Refunds associated with tariffs incurred in 2026 will be reflected in these same Adjusted metrics as part of our revised full year outlook, consistent with the treatment of the original expense, and inclusive of the Company’s current intention to reinvest back into the business to support long-term growth. Areas of reinvestment may include retail activation, media, technology and AI capabilities, and mitigation of ongoing updated tariff and input-cost pressures. The Company’s updated outlook also reflects current tariff levels, including minimum rates of 10% for Indonesia, Malaysia, and Cambodia, and 12.5% for China, Vietnam, and Thailand, assumed to persist for the remainder of 2026.

Conference Call Details

A conference call to discuss the second quarter 2026 financial results is scheduled for today, August 5, 2026, at 8:30 a.m. Eastern Time. A live audio webcast of the conference call will be available online at ir.sharkninja.com. Investors and analysts interested in participating in the live call are invited to dial 1-833-461-5787 or 1-585-542-9983 and enter confirmation code 253944025. The webcast will be archived and available for replay.

About SharkNinja

SharkNinja is a global product design and technology company, with a diversified portfolio of 5-star rated lifestyle solutions that positively impact people’s lives in homes around the world. Powered by two trusted, global brands, Shark and Ninja, the company has a proven track record of bringing disruptive innovation to market and developing one consumer product after another has allowed SharkNinja to enter multiple product categories, driving significant growth and market share gains. Headquartered in Needham, Massachusetts with more than 4,100 associates, the company’s products are sold at key retailers, online and offline, and through distributors around the world. For more information, please visit sharkninja.com and follow @SharkNinja.

Forward-looking statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect our current views with respect to, among other things, future events and our future business, financial condition, results of operations and prospects and fiscal 2026 outlook. These statements are often, but not always, made through the use of words or phrases such as “may,” “should,” “could,” “predict,” “potential,” “believe,” “will likely result,” “expect,” “continue,” “will,” “anticipate,” “seek,” “estimate,” “intend,” “plan,” “projection,” “would” and “outlook,” or the negative version of those words or phrases or other comparable words or phrases of a future or forward-looking nature. These forward-looking statements are not statements of historical fact, and are based on current expectations, estimates and projections about our industry as well as certain assumptions made by management, many of which, by their nature, are inherently uncertain and beyond our control. These forward-looking statements are subject to a number of known and unknown risks, uncertainties and assumptions, which you should consider and read carefully, including but not limited to risks related to: our ability to maintain and strengthen our brands to generate and maintain ongoing demand for our products; our ability to commercialize a continuing stream of new products and line extensions; our ability to manage our future growth effectively; the level of consumer spending on our products; our ability to penetrate and expand into new markets; our ability to maintain product safety, quality and performance; highly competitive markets; our reliance on suppliers; our ability to timely and effectively obtain shipments of products from our suppliers and deliver products to our retailers, consumers and distributors; our ability to maintain existing consumers and attract new consumers; our ability to expand our DTC sales channel; our significant international operations; our ability to accurately forecast demand and manage product inventory; inflation, changes in the cost or availability of raw materials, energy, transportation and other necessary supplies and services; our reliance on our retailers and distributors; use of social media and influencers; financial difficulties; operational risks; our products being counterfeited or imitated in the market; payment-related risks; the failure of any bank in which we deposit our funds; seasonal and quarterly variations; conflicts with our retailers; our ability to generate anticipated cost savings, successfully implement our strategies or efficiently manage our supply chain and manufacturing processes; potential acquisitions of or investments in other companies; our ability to meet demand and store inventory; our dependence on highly skilled personnel; intellectual property, information technology and data privacy; our legal, tax, and regulatory environment, including significant changes to U.S. trade policies that restrict imports or increase import tariffs; our indebtedness; changes in credit markets and decisions made by credit providers; currency exchange rate fluctuations; our dependence on cash generated from our operations to support our growth; future financing activities; our critical accounting policies; our goodwill, other intangible assets or fixed assets; divestitures and product category exits; our status as a holding company; the separation and distribution from JS Global; the active trading market for our ordinary shares; substantial shares of our ordinary shares; our limited history as a stand-alone public company; the requirements of being a public company; our internal control over financial reporting; our transition to a U.S. domestic reporting company; our significant shareholder Mr. Wang; the limited experience of our management team in managing a U.S. public company; risks related to our Memorandum and Articles of Association; risks under the laws of the Cayman Islands; claims for indemnification; and dividends on our ordinary shares.

This list of factors should not be construed as exhaustive and should be read in conjunction with those described in our Annual Report on Form 10-K filed with the SEC under “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and other filings we make with the SEC. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for us to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, the future events and trends discussed in this press release, and our future levels of activity and performance, may not occur and actual results could differ materially and adversely from those described or implied in the forward-looking statements. As a result, you should not regard any of these forward-looking statements as a representation or warranty by us or any other person or place undue reliance on any such forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made, and we do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law. In addition, statements that contain “we believe” and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based on information available to us as of the date of this press release. While we believe that this information provides a reasonable basis for these statements, this information may be limited or incomplete. These statements are inherently uncertain, and investors are cautioned not to unduly rely on these statements. We qualify all of our forward-looking statements by the cautionary statements contained in this press release.

SHARKNINJA, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands, except share and per share data)

(unaudited)

    As of

  June 30, 2026

December 31, 2025

Assets

  Current assets:

  Cash and cash equivalents

  $

779,832

$

777,289

Accounts receivable, net

  1,582,067

1,667,143

Inventories

  1,143,597

1,002,205

Prepaid expenses and other current assets

  257,388

164,628

Total current assets

  3,762,884

3,611,265

Property and equipment, net

  251,255

232,226

Operating lease right-of-use assets

  193,213

142,487

Intangible assets, net

  446,891

451,137

Goodwill

  834,781

834,781

Deferred tax assets

  33,905

10,706

Other assets, noncurrent

  69,227

66,832

Total assets

  $

5,592,156

$

5,349,434

Liabilities and Shareholders’ Equity

  Current liabilities:

  Accounts payable

  $

760,812

$

679,534

Accrued expenses and other current liabilities

  979,219

1,016,645

Tax payable

  29,876

38,092

Debt, current

  39,344

39,344

Total current liabilities

  1,809,251

1,773,615

Debt, noncurrent

  677,123

696,795

Operating lease liabilities, noncurrent

  196,549

140,981

Deferred tax liabilities

  13,153

16,252

Other liabilities, noncurrent

  52,709

45,580

Total liabilities

  2,748,785

2,673,223

Shareholders’ equity:

  Ordinary shares, $0.0001 par value per share, 1,000,000,000 shares authorized; 141,925,758 shares issued and 140,917,390 shares outstanding as of June 30, 2026; 141,158,026 shares issued and outstanding as of December 31, 2025

  14

14

Additional paid-in capital

  1,082,451

1,045,504

Treasury shares, at cost; 1,008,368 shares and 0 shares as of June 30, 2026 and December 31, 2025, respectively

  (119,705

)

—

Retained earnings

  1,861,676

1,610,398

Accumulated other comprehensive income (loss)

  18,935

20,295

Total shareholders’ equity

  2,843,371

2,676,211

Total liabilities and shareholders’ equity

  $

5,592,156

$

5,349,434

SHARKNINJA, INC.

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

(in thousands, except share and per share data)

(unaudited)

    Three Months Ended June 30,

Six Months Ended June 30,

  2026

2025

2026

2025

Net sales(1)(2)

  $

1,765,476

$

1,444,876

$

3,178,282

$

2,667,514

Cost of sales

  905,139

736,709

1,622,977

1,356,121

Gross profit

  860,337

708,167

1,555,305

1,311,393

Operating expenses:

  Research and development

  109,334

89,409

208,217

177,012

Sales and marketing

  441,510

357,720

756,848

633,457

General and administrative

  130,113

92,391

246,335

187,331

Total operating expenses

  680,957

539,520

1,211,400

997,800

Operating income

  179,380

168,647

343,905

313,593

Interest expense, net

  (7,890

)

(13,765

)

(14,497

)

(26,394

)

Other (expense) income, net

  (7,797

)

26,003

(18,133

)

39,219

Income before income taxes

  163,693

180,885

311,275

326,418

Provision for income taxes

  33,877

41,287

59,997

68,985

Net income

  $

129,816

$

139,598

$

251,278

$

257,433

Net income per share, basic

  $

0.92

$

0.99

$

1.78

$

1.83

Net income per share, diluted

  $

0.92

$

0.98

$

1.77

$

1.81

Weighted-average number of shares used in computing net income per share, basic

  141,384,805

141,044,315

141,390,616

140,834,338

Weighted-average number of shares used in computing net income per share, diluted

  141,507,017

141,871,399

142,056,803

142,031,280

(1) Net sales in our product categories were as follows:

  Three Months Ended June 30,

Six Months Ended June 30,

($ in thousands)

  2026

2025

2026

2025

Cleaning Appliances

  $

522,046

$

501,479

$

1,038,596

$

942,903

Cooking and Beverage Appliances

  499,033

365,718

913,623

711,655

Food Preparation Appliances

  458,614

404,787

746,145

702,179

Beauty and Home Environment Appliances

  285,783

172,892

479,918

310,777

Total net sales

  $

1,765,476

$

1,444,876

$

3,178,282

$

2,667,514

(2) Net sales by region, based on the billing address of customers, were as follows:

  Three Months Ended June 30,

Six Months Ended June 30,

($ in thousands)

  2026

2025

2026

2025

Domestic(a)

  $

1,141,897

$

988,453

$

2,057,888

$

1,833,541

International(b)

  623,579

456,423

1,120,394

833,973

Total net sales

  $

1,765,476

$

1,444,876

$

3,178,282

$

2,667,514

SHARKNINJA, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(in thousands)

(unaudited)

      Six Months Ended June 30,

  2026

2025

Cash flows from operating activities:

  Net income

  $

251,278

$

257,433

Adjustments to reconcile net income to net cash provided by (used in) operating activities:

  Depreciation and amortization

  78,439

67,017

Share-based compensation

  77,523

22,478

Provision for credit losses

  572

3,382

Provision for excess and obsolete inventory

  (5,213

)

7,364

Non-cash lease expense

  11,055

9,918

Deferred income taxes, net

  (26,298

)

(21,324

)

Other

  2,804

2,074

Changes in operating assets and liabilities:

  Accounts receivable

  73,700

(8,837

)

Inventories

  (141,343

)

(124,722

)

Prepaid expenses and other assets

  (92,760

)

(111,098

)

Accounts payable

  88,564

(61,222

)

Tax payable

  (8,216

)

(6,556

)

Operating lease liabilities

  (10,792

)

(5,300

)

Accrued expenses and other liabilities

  (23,814

)

(94,545

)

Net cash provided by (used in) operating activities

  275,499

(63,938

)

Cash flows from investing activities:

  Purchase of property and equipment

  (83,056

)

(60,093

)

Purchase of intangible asset

  (8,266

)

(3,007

)

Capitalized internal-use software development

  —

(1,315

)

Net cash used in investing activities

  (91,322

)

(64,415

)

Cash flows from financing activities:

  Repayment of debt

  (20,250

)

(20,250

)

Payment of employee tax withholdings on vesting of equity awards

  (48,675

)

(49,237

)

Proceeds from shares issued under employee share purchase plan

  8,099

7,425

Repurchase of ordinary shares

  (119,176

)

—

Net cash used in financing activities

  (180,002

)

(62,062

)

Effect of exchange rates changes on cash

  (1,632

)

14,975

Net increase (decrease) in cash and cash equivalents

  2,543

(175,440

)

Cash and cash equivalents at beginning of period

  777,289

363,669

Cash and cash equivalents at end of period

  $

779,832

$

188,229

Non-GAAP Financial Measures

In addition to the measures presented in our condensed consolidated financial statements, we regularly review other financial measures, defined as non-GAAP financial measures by the SEC, to evaluate our business, measure our performance, identify trends, prepare financial forecasts, and make strategic decisions.

The key non-GAAP financial measures we consider are Adjusted Gross Profit, Adjusted Gross Margin, Adjusted Operating Expenses, Adjusted Research and Development Expenses, Adjusted Sales and Marketing Expenses, Adjusted General and Administrative Expenses, Adjusted Operating Income, Adjusted Net Income, Adjusted Net Income Per Share, EBITDA, Adjusted EBITDA, Adjusted EBITDA Margin, and Adjusted Effective Tax Rate. These non-GAAP financial measures are used by both management and our Board, together with comparable GAAP information, in evaluating our current performance and planning our future business activities. These non-GAAP financial measures provide supplemental information regarding our operating performance on a non-GAAP basis that excludes certain gains, losses and charges of a non-cash nature or which occur relatively infrequently and/or which management considers to be unrelated to our core operations, as well as the cost of sales from (i) inventory markups that are being eliminated as a result of the transition of certain product procurement functions from a subsidiary of JS Global to SharkNinja concurrently with the separation and (ii) costs related to the transitional Sourcing Services Agreement with JS Global that was entered into in connection with the separation (collectively, the “Product Procurement Adjustment”). Management believes that tracking and presenting these non-GAAP financial measures provides management and the investment community with valuable insight into our ongoing core operations, our ability to generate cash and the underlying business trends that are affecting our performance. We believe that these non-GAAP measures, when used in conjunction with our GAAP financial information, also allow investors to better evaluate our financial performance in comparison to other periods and to other companies in our industry and to better understand and interpret the results of the ongoing business following the separation and distribution. These non-GAAP financial measures should not be viewed as a substitute for our financial results calculated in accordance with GAAP and you are cautioned that other companies may define these non-GAAP financial measures differently.

SharkNinja does not provide a reconciliation of forward-looking Adjusted Net Income and Adjusted EBITDA to GAAP net income because such reconciliations are not available without unreasonable efforts. This is due to the inherent difficulty in forecasting with reasonable certainty certain amounts that are necessary for such reconciliations, including, in particular, the realized and unrealized foreign currency gains or losses reported within other expense. For the same reasons, we are unable to forecast with reasonable certainty all deductions and additions needed in order to provide forward-looking GAAP net income at this time. The amount of these deductions and additions may be material, and, therefore, could result in forward-looking GAAP net income being materially different or less than forward-looking Adjusted Net Income and Adjusted EBITDA. See “Forward-looking statements” above.

We define Adjusted Gross Profit as gross profit as adjusted to exclude (i) certain items that we do not consider indicative of our ongoing operating performance following the separation, including the cost of sales from the Product Procurement Adjustment and (ii) the impact of a voluntary product recall. We define Adjusted Gross Margin as Adjusted Gross Profit divided by net sales. We believe that Adjusted Gross Profit and Adjusted Gross Margin are appropriate measures of our operating performance because each eliminates certain other adjustments that do not relate to the ongoing performance of our business.

The following table reconciles Adjusted Gross Profit and Adjusted Gross Margin to the most comparable GAAP measure, gross profit and gross margin, respectively, for the periods presented:

  Three Months Ended June 30,

Six Months Ended June 30,

($ in thousands, except %)

  2026

2025

2026

2025

Net sales

  $

1,765,476

$

1,444,876

$

3,178,282

$

2,667,514

Cost of sales

  (905,139

)

(736,709

)

(1,622,977

)

(1,356,121

)

Gross profit

  860,337

708,167

1,555,305

1,311,393

Gross margin

  48.7

%

49.0

%

48.9

%

49.2

%

Product Procurement Adjustment(1)

  —

5,279

—

11,820

Product recall(2)

  —

929

579

4,532

Adjusted Gross Profit

  $

860,337

$

714,375

$

1,555,884

$

1,327,745

Adjusted Gross Margin

  48.7

%

49.4

%

49.0

%

49.8

%

We define Adjusted Operating Expenses as operating expenses excluding (i) share-based compensation, (ii) certain litigation costs, (iii) amortization of certain acquired intangible assets, (iv) certain items that we do not consider indicative of our ongoing operating performance following the separation, including cost of sales from our Product Procurement Adjustment, and (v) the impact of a voluntary product recall.

The following table reconciles Adjusted Operating Expenses to the most comparable GAAP measure, operating expenses, for the periods presented:

  Three Months Ended June 30,

Six Months Ended June 30,

($ in thousands)

  2026

2025

2026

2025

Operating expenses

  $

680,957

$

539,520

$

1,211,400

$

997,800

Share-based compensation(1)

  (47,214

)

(10,928

)

(77,523

)

(22,478

)

Litigation costs(2)

  —

—

—

(827

)

Amortization of acquired intangible assets(3)

  (4,897

)

(4,897

)

(9,794

)

(9,794

)

Product recall(4)

  —

(2,865

)

(543

)

(3,549

)

Adjusted Operating Expenses

  $

628,846

$

520,830

$

1,123,540

$

961,152

(1)

  Represents non-cash expense related to awards issued from the SharkNinja equity incentive plan.

(2)

  Represents litigation costs incurred and related settlements for certain patent infringement claims, false advertising claims, and any related settlement costs and recoveries, which were recorded in general and administrative expenses.

(3)

  Represents amortization of acquired intangible assets that we do not consider normal recurring operating expenses, as the intangible assets relate to JS Global’s acquisition of our business. We exclude amortization charges for these acquisition-related intangible assets for purposes of calculating Adjusted Operating Expenses, although revenue is generated, in part, by these intangible assets, to eliminate the impact of these non-cash charges that are significantly impacted by the timing and valuation of JS Global’s acquisition of our business, as well as the inherent subjective nature of purchase price allocations.

(4)

  Adjusted for operating expenses impact from a voluntary product recall that was recognized during the six months ended June 30, 2026 and the three and six months ended June 30, 2025.

We define Adjusted Research and Development Expenses as research and development expenses excluding (i) share-based compensation and (ii) amortization of certain acquired intangible assets.

The following table reconciles Adjusted Research and Development Expenses to the most comparable GAAP measure, research and development expenses, for the periods presented:

  Three Months Ended June 30,

Six Months Ended June 30,

($ in thousands)

  2026

2025

2026

2025

Research and development

  $

109,334

$

89,409

$

208,217

$

177,012

Share-based compensation(1)

  (7,590

)

(1,867

)

(11,956

)

(4,776

)

Amortization of acquired intangible assets(2)

  (922

)

(922

)

(1,845

)

(1,845

)

Adjusted Research and Development Expenses

  $

100,822

$

86,620

$

194,416

$

170,391

We define Adjusted Sales and Marketing Expenses as sales and marketing expenses excluding (i) share-based compensation, (ii) amortization of certain acquired intangible assets and (iii) the impact of a voluntary product recall.

The following table reconciles Adjusted Sales and Marketing Expenses to the most comparable GAAP measure, sales and marketing expenses, for the periods presented:

  Three Months Ended June 30,

Six Months Ended June 30,

($ in thousands)

  2026

2025

2026

2025

Sales and marketing

  $

441,510

$

357,720

$

756,848

$

633,457

Share-based compensation(1)

  (12,597

)

(4,634

)

(19,268

)

(7,172

)

Amortization of acquired intangible assets(2)

  (3,975

)

(3,975

)

(7,949

)

(7,949

)

Product recall(3)

  —

(1,678

)

(482

)

(1,678

)

Adjusted Sales and Marketing Expenses

  $

424,938

$

347,433

$

729,149

$

616,658

We define Adjusted General and Administrative Expenses as general and administrative expenses excluding (i) share-based compensation, (ii) certain litigation costs and (iii) the impact of a voluntary product recall.

The following table reconciles Adjusted General and Administrative Expenses to the most comparable GAAP measure, general and administrative expenses, for the periods presented:

  Three Months Ended June 30,

Six Months Ended June 30,

($ in thousands)

  2026

2025

2026

2025

General and administrative

  $

130,113

$

92,391

$

246,335

$

187,331

Share-based compensation(1)

  (27,027

)

(4,427

)

(46,299

)

(10,530

)

Litigation costs(2)

  —

—

—

(827

)

Product recall(3)

  —

(1,187

)

(61

)

(1,871

)

Adjusted General and Administrative Expenses

  $

103,086

$

86,777

$

199,975

$

174,103

We define Adjusted Operating Income as operating income excluding (i) share-based compensation, (ii) certain litigation costs, (iii) amortization of certain acquired intangible assets, (iv) certain items that we do not consider indicative of our ongoing operating performance following the separation, including cost of sales from our Product Procurement Adjustment, and (v) the impact of a voluntary product recall.

The following table reconciles Adjusted Operating Income to the most comparable GAAP measure, operating income, for the periods presented:

  Three Months Ended June 30,

Six Months Ended June 30,

($ in thousands)

  2026

2025

2026

2025

Operating income

  $

179,380

$

168,647

$

343,905

$

313,593

Share-based compensation(1)

  47,214

10,928

77,523

22,478

Litigation costs(2)

  —

—

—

827

Amortization of acquired intangible assets(3)

  4,897

4,897

9,794

9,794

Product Procurement Adjustment(4)

  —

5,279

—

11,820

Product recall(5)

  —

3,794

1,122

8,081

Adjusted Operating Income

  $

231,491

$

193,545

$

432,344

$

366,593

(1)

  Represents non-cash expense related to awards issued from the SharkNinja equity incentive plan.

(2)

  Represents litigation costs incurred and related settlements for certain patent infringement claims, false advertising claims, and any related settlement costs and recoveries, which were recorded in general and administrative expenses.

(3)

  Represents amortization of acquired intangible assets that we do not consider normal recurring operating expenses, as the intangible assets relate to JS Global’s acquisition of our business. We exclude amortization charges for these acquisition-related intangible assets for purposes of calculating Adjusted Operating Income, although revenue is generated, in part, by these intangible assets, to eliminate the impact of these non-cash charges that are significantly impacted by the timing and valuation of JS Global’s acquisition of our business, as well as the inherent subjective nature of purchase price allocations.

(4)

  Represents cost of sales incurred related to the Product Procurement Adjustment. As a result of the separation, we purchase 100% of our inventory from one of our subsidiaries, SNHK, and no longer purchase inventory from a purchasing office wholly owned by JS Global. Thus, the markup on all inventory purchased subsequent to the separation is completely eliminated in consolidation. In connection with the separation, we paid JS Global a sourcing service fee to provide value-added sourcing services on a transitional basis under a Sourcing Services Agreement, which ended on July 31, 2025.

(5)

  Adjusted for operating income impact from a voluntary product recall that was recognized during the six months ended June 30, 2026 and the three and six months ended June 30, 2025.

We define Adjusted Net Income as net income excluding (i) share-based compensation, (ii) certain litigation costs, (iii) foreign currency gains and losses, net, (iv) amortization of certain acquired intangible assets, (v) certain items that we do not consider indicative of our ongoing operating performance following the separation, including cost of sales from our Product Procurement Adjustment, (vi) the impact of a voluntary product recall, and (vii) the tax impact of the adjusted items.

Adjusted Net Income Per Share is defined as Adjusted Net Income divided by the diluted weighted average number of ordinary shares.

The following table reconciles Adjusted Net Income and Adjusted Net Income Per Share to the most comparable GAAP measures, net income and net income per share, diluted, respectively, for the periods presented:

  Three Months Ended June 30,

Six Months Ended June 30,

($ in thousands, except share and per share amounts)

  2026

2025

2026

2025

Net income

  $

129,816

$

139,598

$

251,278

$

257,433

Share-based compensation(1)

  47,214

10,928

77,523

22,478

Litigation costs(2)

  —

—

—

827

Foreign currency losses (gains), net(3)

  6,100

(26,362

)

17,389

(39,313

)

Amortization of acquired intangible assets(4)

  4,897

4,897

9,794

9,794

Product Procurement Adjustment(5)

  —

5,279

—

11,820

Product recall(6)

  —

3,794

1,122

8,081

Tax impact of adjusting items(7)

  (9,779

)

(291

)

(24,059

)

(9,501

)

Adjusted Net Income

  $

178,248

$

137,843

$

333,047

$

261,619

Net income per share, diluted

  $

0.92

$

0.98

$

1.77

$

1.81

Adjusted Net Income Per Share

  $

1.26

$

0.97

$

2.34

$

1.84

Diluted weighted-average number of shares used in computing net income per share and Adjusted Net Income Per Share

  141,507,017

141,871,399

142,056,803

142,031,280

(1)

  Represents non-cash expense related to awards issued from the SharkNinja equity incentive plan.

(2)

  Represents litigation costs incurred and related settlements for certain patent infringement claims, false advertising claims, and any related settlement costs and recoveries, which were recorded in general and administrative expenses.

(3)

  Represents foreign currency transaction gains and losses recognized from the remeasurement of transactions that were not denominated in the local functional currency, including gains and losses related to foreign currency derivatives not designated as hedging instruments.

(4)

  Represents amortization of acquired intangible assets that we do not consider normal recurring operating expenses, as the intangible assets relate to JS Global’s acquisition of our business. We exclude amortization charges for these acquisition-related intangible assets for purposes of calculating Adjusted Net Income, although revenue is generated, in part, by these intangible assets, to eliminate the impact of these non-cash charges that are significantly impacted by the timing and valuation of JS Global’s acquisition of our business, as well as the inherent subjective nature of purchase price allocations.

(5)

  Represents cost of sales incurred related to the Product Procurement Adjustment. As a result of the separation, we purchase 100% of our inventory from one of our subsidiaries, SNHK, and no longer purchase inventory from a purchasing office wholly owned by JS Global. Thus, the markup on all inventory purchased subsequent to the separation is completely eliminated in consolidation. In connection with the separation, we paid JS Global a sourcing service fee to provide value-added sourcing services on a transitional basis under a Sourcing Services Agreement, which ended on July 31, 2025.

(6)

  Adjusted for net income impact from a voluntary product recall that was recognized during the six months ended June 30, 2026 and the three and six months ended June 30, 2025.

(7)

  Represents the income tax effects of the adjustments included in the reconciliation of net income to Adjusted Net Income determined using the tax rate of 22.4% for the three and six months ended June 30, 2026 and 23.3% for the three and six months ended June 30, 2025, respectively, which approximates our effective tax rate, excluding certain share-based compensation costs and separation and distribution-related costs that are not tax deductible.

We define EBITDA as net income excluding: (i) interest expense, net, (ii) provision for income taxes and (iii) depreciation and amortization. We define Adjusted EBITDA as EBITDA excluding (i) share-based compensation cost, (ii) certain litigation costs, (iii) foreign currency gains and losses, net, (iv) certain items that we do not consider indicative of our ongoing operating performance following the separation, including cost of sales from our Product Procurement Adjustment, and (v) the impact of a voluntary product recall. We define Adjusted EBITDA Margin as Adjusted EBITDA divided by net sales. We believe EBITDA, Adjusted EBITDA and Adjusted EBITDA Margin are appropriate measures because they facilitate a comparison of our operating performance on a consistent basis from period to period that, when viewed in combination with our results according to GAAP, we believe provide a more complete understanding of the factors and trends affecting our business than GAAP measures alone.

The following table reconciles EBITDA, Adjusted EBITDA and Adjusted EBITDA Margin to the most comparable GAAP measure, net income, for the periods presented:

  Three Months Ended June 30,

Six Months Ended June 30,

($ in thousands, except %)

  2026

2025

2026

2025

Net income

  $

129,816

$

139,598

$

251,278

$

257,433

Interest expense, net

  7,890

13,765

14,497

26,394

Provision for income taxes

  33,877

41,287

59,997

68,985

Depreciation and amortization

  39,992

35,071

78,439

67,017

EBITDA

  211,575

229,721

404,211

419,829

Share-based compensation(1)

  47,214

10,928

77,523

22,478

Litigation costs(2)

  —

—

—

827

Foreign currency losses (gains), net(3)

  6,100

(26,362

)

17,389

(39,313

)

Product Procurement Adjustment(4)

  —

5,279

—

11,820

Product recall(5)

  —

3,794

1,122

8,081

Adjusted EBITDA

  $

264,889

$

223,360

$

500,245

$

423,722

Net sales

  $

1,765,476

$

1,444,876

$

3,178,282

$

2,667,514

Adjusted EBITDA Margin

  15.0

%

15.5

%

15.7

%

15.9

%

(1)

  Represents non-cash expense related to awards issued from the SharkNinja equity incentive plan.

(2)

  Represents litigation costs incurred and related settlements for certain patent infringement claims, false advertising claims, and any related settlement costs and recoveries, which were recorded in general and administrative expenses.

(3)

  Represents foreign currency transaction gains and losses recognized from the remeasurement of transactions that were not denominated in the local functional currency, including gains and losses related to foreign currency derivatives not designated as hedging instruments.

(4)

  Represents cost of sales incurred related to the Product Procurement Adjustment. As a result of the separation, we purchase 100% of our inventory from one of our subsidiaries, SNHK, and no longer purchase inventory from a purchasing office wholly owned by JS Global. Thus, the markup on all inventory purchased subsequent to the separation is completely eliminated in consolidation. In connection with the separation, we paid JS Global a sourcing service fee to provide value-added sourcing services on a transitional basis under a Sourcing Services Agreement, which ended on July 31, 2025.

(5)

  Adjusted for the Adjusted EBITDA impact from a voluntary product recall that was recognized during the six months ended June 30, 2026 and the three and six months ended June 30, 2025.

We define Adjusted Effective Tax Rate as our effective tax rate adjusted to remove the tax impact of (i) share-based compensation and (ii) other non-GAAP adjustments.

  Three Months Ended June 30,

Six Months Ended June 30,

(in percentages)

  2026

2025

2026

2025

Effective tax rate

  20.7

%

22.8

%

19.3

%

21.1

%

Impact of share-based compensation(1)

  (1.4

)

0.4

0.9

2.1

Tax impact of other non-GAAP adjustments(2)

  0.4

—

—

(0.1

)

Adjusted Effective Tax Rate

  19.7

%

23.2

%

20.2

%

23.1

%

We refer to growth rates in net sales on a constant currency basis so that results can be viewed without the impact of fluctuations in foreign currency exchange rates. These amounts are calculated by translating current year results at prior year average exchange rates. We believe elimination of the foreign currency translation impact provides useful information in understanding and evaluating trends in our operating results.

Key Takeaways SharkNinja's model setup points to a likely Q2 earnings beat, with an Earnings ESP of 2.65%.Q2 revenues are estimated at $1.64 billion, while EPS is projected to rise 13.4% to $1.10.New products, international growth and digital commerce may offset tariffs and uneven appliance demand. With SharkNinja, Inc. (SN - Free Report) set to report its second-quarter 2026 earnings results on Aug. 5, before the market opens, investors are asking an important question: Can the company extend its impressive earnings-beat streak, or will a challenging consumer environment weigh on its performance?

The Zacks Consensus Estimate for second-quarter revenues stands at $1,639 million, indicating a 13.5% increase from the prior-year reported figure. On the earnings front, the consensus estimate has risen by a penny to $1.10 per share over the past 30 days, implying a year-over-year increase of 13.4%.

SharkNinja has a trailing four-quarter earnings surprise of 13.8%, on average. In the last reported quarter, this Needham, MA-based company surpassed the Zacks Consensus Estimate by 7.9%.

Image Source: Zacks Investment Research

What the Zacks Model Indicates for SN’s Q2 EarningsAs investors prepare for SharkNinja’s second-quarter results, the question looms regarding an earnings beat or miss. Our proven model predicts that an earnings beat is likely for SharkNinja this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here. You can see the complete list of today’s Zacks #1 Rank stocks here.

SharkNinja has a Zacks Rank #2 and an Earnings ESP of +2.65%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Factors Likely to Have Shaped SharkNinja’s Q2 OutcomeSharkNinja’s second-quarter performance is likely to have been supported by sustained demand for its innovation-led product portfolio across both established and newer categories. Management has consistently emphasized that solving consumer problems through differentiated products remains the foundation of its growth strategy. Momentum in products such as Ninja Luxe Café, Ninja Crispi and Shark CryoGlow, along with newer launches across beauty, cleaning and other adjacent categories, is likely to have continued into the quarter, supported by strong consumer engagement and growing brand awareness. The company’s ability to refresh existing categories while expanding into adjacent ones may have helped sustain solid revenue momentum.

The company has continued accelerating its international expansion while strengthening its direct-to-consumer capabilities through enhanced websites and expanding digital commerce initiatives, including TikTok Shop. Management has also highlighted strengthening retailer relationships and increased shelf placements across key international markets. These initiatives, together with growing brand awareness and broader product availability overseas, may have supported continued market-share gains and further diversified the company’s revenue base beyond North America.

Another factor likely to have aided SharkNinja’s performance is disciplined execution and continued investment in innovation, marketing and operational capabilities. The company has been increasingly incorporating artificial intelligence into product development, consumer insights and operational processes to improve efficiency and accelerate innovation. At the same time, its diversified category portfolio, agile sourcing network and omnichannel distribution strategy position it to respond quickly to changing consumer preferences. These strengths, combined with continued investment in brand-building and product launches, are anticipated to have supported continued consumer demand and operational execution during the second quarter.

On the flip side, the quarter may have been affected by ongoing macroeconomic and cost-related pressures. Management has acknowledged that consumer demand across several appliance categories remains uneven and that tariffs, broader geopolitical uncertainty and global economic volatility continue to create a challenging operating environment. While SharkNinja has implemented pricing actions, sourcing initiatives and other mitigation measures to offset these pressures, such headwinds could still have weighed on margins.

SN Stock Price PerformanceShares of SharkNinja have rallied 38.6% over the past three months compared with the industry’s 8.3% rise. SharkNinja has outperformed Whirlpool Corporation (WHR - Free Report) and Lifetime Brands, Inc. (LCUT - Free Report) . While shares of Lifetime Brands have advanced 32.3%, those of Whirlpool have fallen 27.6% in said period.
 

Image Source: Zacks Investment Research

Does SharkNinja Present a Strong Case for Value Investing?SharkNinja’s valuation remains attractive relative to the industry. The stock currently trades at a forward 12-month price-to-sales (P/S) multiple of 2.97, below the industry average of 3.26. However, the multiple stands above SN’s 12-month median of 2.28, suggesting that the stock is discounted against its industry peers but trades at a premium to its recent historical valuation.

This premium positioning is especially notable when compared to peers like Whirlpool (with a forward 12-month P/S ratio of 0.17) and Lifetime Brands (0.29).

Image Source: Zacks Investment Research

Final Words on SharkNinjaSharkNinja appears well positioned heading into its second-quarter earnings release, supported by its innovation-driven product pipeline, expanding international footprint and disciplined execution across operations. While tariffs, macroeconomic uncertainty and softer industry demand could remain near-term headwinds, the company's ability to consistently gain market share and successfully launch new products provides reasons for optimism. With the Zacks model indicating favorable odds of an earnings beat, the stock appears well placed to deliver another solid quarterly performance. Existing investors may consider holding their positions ahead of the results, while prospective investors could keep the stock on their watchlist for a potential entry opportunity, particularly if management reinforces confidence in its long-term growth strategy.

Wall Street analysts expect SharkNinja, Inc. (SN - Free Report) to post quarterly earnings of $1.10 per share in its upcoming report, which indicates a year-over-year increase of 13.4%. Revenues are expected to be $1.64 billion, up 13.5% from the year-ago quarter.

Over the last 30 days, there has been an upward revision of 0.4% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.

Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.

While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.

Given this perspective, it's time to examine the average forecasts of specific SharkNinja, Inc. metrics that are routinely monitored and predicted by Wall Street analysts.

The average prediction of analysts places 'Net Sales- Cleaning Appliances' at $551.26 million. The estimate indicates a year-over-year change of +9.9%.

The combined assessment of analysts suggests that 'Net Sales- Beauty and Home Environment Appliances' will likely reach $218.06 million. The estimate indicates a change of +26.1% from the prior-year quarter.

The consensus among analysts is that 'Net Sales- Food Preparation Appliances' will reach $445.56 million. The estimate indicates a change of +10.1% from the prior-year quarter.

The consensus estimate for 'Net Sales- Cooking and Beverage Appliances' stands at $406.41 million. The estimate indicates a change of +11.1% from the prior-year quarter.

The collective assessment of analysts points to an estimated 'Geographic Revenue- International' of $545.79 million. The estimate indicates a year-over-year change of +19.6%.

View all Key Company Metrics for SharkNinja, Inc. here>>>

SharkNinja, Inc. shares have witnessed a change of +7.8% in the past month, in contrast to the Zacks S&P 500 composite's -0.5% move. With a Zacks Rank #2 (Buy), SN is expected outperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

In the latest trading session, SharkNinja, Inc. (SN - Free Report) closed at $163.33, marking a +2.58% move from the previous day. The stock's change was more than the S&P 500's daily gain of 1.66%. Elsewhere, the Dow gained 1.19%, while the tech-heavy Nasdaq added 2.78%.

The stock of company has risen by 4.86% in the past month, leading the Consumer Discretionary sector's gain of 1.92% and the S&P 500's loss of 1.49%.

The investment community will be paying close attention to the earnings performance of SharkNinja, Inc. in its upcoming release. The company is slated to reveal its earnings on August 5, 2026. The company is expected to report EPS of $1.1, up 13.4% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $1.64 billion, up 13.45% from the prior-year quarter.

For the annual period, the Zacks Consensus Estimates anticipate earnings of $6.16 per share and a revenue of $7.2 billion, signifying shifts of +16.67% and +12.44%, respectively, from the last year.

Investors should also note any recent changes to analyst estimates for SharkNinja, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.53% higher within the past month. Currently, SharkNinja, Inc. is carrying a Zacks Rank of #2 (Buy).

With respect to valuation, SharkNinja, Inc. is currently being traded at a Forward P/E ratio of 25.85. This valuation marks a premium compared to its industry average Forward P/E of 16.38.

Meanwhile, SN's PEG ratio is currently 1.95. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The average PEG ratio for the Consumer Products - Discretionary industry stood at 1.69 at the close of the market yesterday.

The Consumer Products - Discretionary industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 192, finds itself in the bottom 22% echelons of all 250+ industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.

SharkNinja, Inc. (SN - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

The earnings report, which is expected to be released on August 5, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.

Zacks Consensus EstimateThis company is expected to post quarterly earnings of $1.10 per share in its upcoming report, which represents a year-over-year change of +13.4%.

Revenues are expected to be $1.64 billion, up 13.5% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.32% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for SharkNinja, Inc.?For SharkNinja, Inc., the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +2.65%.

On the other hand, the stock currently carries a Zacks Rank of #2.

So, this combination indicates that SharkNinja, Inc. will most likely beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that SharkNinja, Inc. would post earnings of $1.01 per share when it actually produced earnings of $1.09, delivering a surprise of +7.92%.

Over the last four quarters, the company has beaten consensus EPS estimates four times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

SharkNinja, Inc. appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Has SharkNinja, Inc. (SN - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question.

SharkNinja, Inc. is a member of our Consumer Discretionary group, which includes 259 different companies and currently sits at #10 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. SharkNinja, Inc. is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for SN's full-year earnings has moved 0.2% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Our latest available data shows that SN has returned about 36.9% since the start of the calendar year. In comparison, Consumer Discretionary companies have returned an average of -9.6%. As we can see, SharkNinja, Inc. is performing better than its sector in the calendar year.

One other Consumer Discretionary stock that has outperformed the sector so far this year is Snail, Inc. (SNAL - Free Report) . The stock is up 11.4% year-to-date.

Over the past three months, Snail, Inc.'s consensus EPS estimate for the current year has increased 3200%. The stock currently has a Zacks Rank #1 (Strong Buy).

Looking more specifically, SharkNinja, Inc. belongs to the Consumer Products - Discretionary industry, a group that includes 27 individual stocks and currently sits at #189 in the Zacks Industry Rank. This group has gained an average of 9.2% so far this year, so SN is performing better in this area.

Snail, Inc., however, belongs to the Gaming industry. Currently, this 41-stock industry is ranked #183. The industry has moved -16.4% so far this year.

SharkNinja, Inc. and Snail, Inc. could continue their solid performance, so investors interested in Consumer Discretionary stocks should continue to pay close attention to these stocks.

Posted by Defense World Staff on Jul 28th, 2026

Bank of New York Mellon Corp trimmed its stake in shares of SharkNinja, Inc. (NYSE:SN – Free Report) by 4.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 246,177 shares of the company’s stock after selling 12,384 shares during the quarter. Bank of New York Mellon Corp owned about 0.17% of SharkNinja worth $26,070,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Parsifal Capital Management LP acquired a new position in SharkNinja during the 3rd quarter valued at approximately $111,773,000. Munro Partners boosted its holdings in shares of SharkNinja by 2,371.9% during the fourth quarter. Munro Partners now owns 784,586 shares of the company’s stock valued at $87,795,000 after acquiring an additional 752,846 shares during the period. Morgan Stanley boosted its holdings in shares of SharkNinja by 191.3% during the fourth quarter. Morgan Stanley now owns 1,080,326 shares of the company’s stock valued at $120,889,000 after acquiring an additional 709,494 shares during the period. Evercore Wealth Management LLC bought a new position in shares of SharkNinja during the fourth quarter worth about $60,164,000. Finally, Disciplined Growth Investors Inc. MN bought a new position in shares of SharkNinja during the second quarter worth about $46,048,000. 34.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at SharkNinja In other news, CFO Adam Quigley sold 6,923 shares of the stock in a transaction on Friday, May 8th. The stock was sold at an average price of $112.97, for a total transaction of $782,091.31. Following the completion of the sale, the chief financial officer owned 1,750 shares in the company, valued at approximately $197,697.50. This represents a 79.82% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 40.80% of the company’s stock.

SharkNinja Trading Up 3.0% SharkNinja stock opened at $153.04 on Tuesday. SharkNinja, Inc. has a 12-month low of $83.12 and a 12-month high of $156.87. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.38 and a quick ratio of 1.62. The stock has a market capitalization of $21.66 billion, a PE ratio of 30.86, a price-to-earnings-growth ratio of 1.95 and a beta of 1.22. The firm has a 50 day simple moving average of $136.37 and a 200-day simple moving average of $123.01.

SharkNinja (NYSE:SN – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $1.09 EPS for the quarter, topping the consensus estimate of $1.01 by $0.08. SharkNinja had a net margin of 10.70% and a return on equity of 29.07%. The firm had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.38 billion. During the same period in the previous year, the business earned $0.87 earnings per share. SharkNinja’s revenue for the quarter was up 15.6% compared to the same quarter last year. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. As a group, equities research analysts expect that SharkNinja, Inc. will post 5.77 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth Several brokerages recently weighed in on SN. Piper Sandler started coverage on shares of SharkNinja in a research report on Tuesday, June 9th. They issued an “overweight” rating and a $150.00 price objective on the stock. Wall Street Zen cut shares of SharkNinja from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Canaccord Genuity Group raised their price target on shares of SharkNinja from $161.00 to $185.00 and gave the company a “buy” rating in a research note on Monday, July 13th. Bank of America raised their price target on shares of SharkNinja from $145.00 to $165.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Finally, Guggenheim lifted their price target on SharkNinja from $145.00 to $175.00 and gave the company a “buy” rating in a report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, SharkNinja currently has an average rating of “Moderate Buy” and an average target price of $164.80.

Get Our Latest Report on SN

About SharkNinja (Free Report)

SharkNinja (NYSE: SN) is a leading designer, marketer and distributor of innovative small home appliances under the Shark® and Ninja® brands. The company’s product portfolio spans floorcare, cleaning and home environment products, including upright, cordless and robotic vacuum cleaners, steam mops and air purifiers. In the kitchen category, SharkNinja offers a broad range of cooking and food preparation solutions, such as countertop ovens, air fryers, multicookers, blenders and coffee makers. Its products are positioned to deliver user-friendly performance, innovative features and durable design for everyday household tasks.

Founded in 1998 as Euro-Pro Operating LLC, the company initially focused on the European market before expanding its presence in North America.

Further Reading Five stocks we like better than SharkNinja AirJoule’s Kubota Deal Is a Major Validation—But the Hard Part Comes Next Dividend Stocks May Be the Quiet Rotation Trade Investors Are Missing Now Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There? Verizon May Be an AI Infrastructure Stock Hiding in Plain Sight

Receive News & Ratings for SharkNinja Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SharkNinja and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEGoldman Sachs ActiveBeta International Equity ETF $GSIE Position Lowered by Bank of New York Mellon Corp

NEXT HEADLINE »Bank of New York Mellon Corp Buys 31,970 Shares of Procore Technologies, Inc. $PCOR

In the latest close session, SharkNinja, Inc. (SN - Free Report) was down 1.1% at $152.83. The stock trailed the S&P 500, which registered a daily loss of 0.19%. Meanwhile, the Dow lost 0.59%, and the Nasdaq, a tech-heavy index, lost 0.05%.

The company's shares have seen an increase of 9.72% over the last month, surpassing the Consumer Discretionary sector's gain of 1.02% and the S&P 500's gain of 0.55%.

Market participants will be closely following the financial results of SharkNinja, Inc. in its upcoming release. The company plans to announce its earnings on August 5, 2026. It is anticipated that the company will report an EPS of $1.09, marking a 12.37% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $1.64 billion, showing a 13.45% escalation compared to the year-ago quarter.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $6.14 per share and a revenue of $7.2 billion, representing changes of +16.29% and +12.44%, respectively, from the prior year.

Investors should also take note of any recent adjustments to analyst estimates for SharkNinja, Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate has moved 0.36% higher within the past month. At present, SharkNinja, Inc. boasts a Zacks Rank of #2 (Buy).

Looking at valuation, SharkNinja, Inc. is presently trading at a Forward P/E ratio of 25.19. For comparison, its industry has an average Forward P/E of 16.13, which means SharkNinja, Inc. is trading at a premium to the group.

Also, we should mention that SN has a PEG ratio of 1.94. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Consumer Products - Discretionary industry was having an average PEG ratio of 1.6.

The Consumer Products - Discretionary industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 163, which puts it in the bottom 34% of all 250+ industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.