SharkNinja Raises Outlook After Strong Q1 Despite Tariff Pressure
SharkNinja, the appliance maker, reported first-quarter revenue of $1.41 billion, beating estimates, and raised its full-year net sales growth forecast to 11.5%–12.5%. The company's performance comes despite ongoing tariff pressures affecting the industry. The revised outlook reflects confidence in sustained demand for its home appliances.
Key facts
- SharkNinja posted $1.41 billion in first-quarter revenue.
- The company beat Q1 estimates.
- Full-year net sales growth forecast raised to 11.5%–12.5%.
- Tariff pressure continues to affect the appliance industry.
- The revised outlook indicates strong demand.
Entities
Institutions
- SharkNinja
Sources
- Quartz —