SharkNinja, Inc. (SN) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

All right. Good morning, and welcome to another session of the Goldman Sachs 32nd Annual Global Retailing Conference. My name is Brooke Roach, and I cover the soft lines and brand sector here at GS Research. I'm thrilled to introduce our next session with Shark Ninja. Here on stage with me is Mark Brokus, CEO, and Adam Quigley, interim CFO. Welcome, Mark, and welcome, Adam. Thanks for having us. Mark, maybe we can kick it off with question about the business. You've delivered incredibly strong growth since your public listing a few years ago. As you look across each of those core growth pillars, what gives you confidence in this strategy continuing to deliver sustainable growth ahead? Yeah, look, I mean, we haven't just delivered great growth since our public offering, but really over the last 17 years, I mean, we've delivered great growth. I mean, we have a compounded annual growth rate of 21% a year during that period of time over the last 17 years. When you think about kind of the three pillars of growth for us that we talk about, which is gaining share in the existing categories that we're in, expanding into new and adjacent categories and international expansion, I'll start with international growth. Let's start with our products are resonating with consumers globally. I think that was always the big question as I went back six, seven years ago when we started expanding outside of North America. How do our products translate to a German consumer, a Mexican consumer, a consumer in the Middle East? And consumers are really engaging with Shark and Ninja products globally. I mean, it's the same products that we make. 90% of the products that we make every year are sold globally or sold in 25 different countries around the world. I mean, the only difference is the pl...