SharkNinja reported strong third-quarter results, with net sales growing over 14% year-over-year and adjusted EBITDA increasing nearly 21%, demonstrating resilience in a challenging market environment.
- Achieved double-digit net sales growth for the tenth consecutive quarter, driven entirely by organic growth.
- Expanded adjusted gross margins to surpass 50%, marking a year-over-year increase of over 90 basis points.
- Notable acceleration in international sales growth, reaching almost 26% year-over-year in Q3.
- Strengthened relationships with retail partners and significant traction in direct-to-consumer channels, including a major website redesign.
- Welcomed celebrity ambassadors Kevin Hart and Tom Brady to enhance brand engagement and marketing initiatives.
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