SharkNinja, Inc. raised its fiscal 2026 net sales growth forecast to 16-17% from 11.5-12.5% previously, citing strong performance across its product portfolio. In the second quarter of fiscal 2026, net sales increased 22.2% year over year to $1.77 billion, with all four major categories contributing to growth. Cooking and Beverage Appliances led incremental sales, rising 36.5% to $499 million, while Beauty and Home Environment Appliances grew fastest at 65.3% to $285.8 million. Established categories also performed well: Food Preparation Appliances sales rose 13.3% to $458.6 million, and Cleaning Appliances, the largest category, advanced 4.1% to $522 million. Management noted that roughly 20 of its 25 annual product launches target existing categories, which have typically delivered mid- to high-single-digit growth over the past three years. The company's shares have gained 44.2% over the past three months, and it trades at a forward price-to-sales ratio of 3.05, below the industry average of 3.34.
SharkNinja, Inc.Raises fiscal 2026 outlook on strong category growth, with Q2 sales up 22.2% across all categories.
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