07:59 AM EDT, 08/08/2024 (MT Newswires) -- SharkNinja ( SN ) reported Q2 adjusted earnings Thursday of $0.71 per diluted share, up from $0.47 a year earlier.

Analysts polled by Capital IQ expected $0.62.

Net sales for the quarter ended June 30 were $1.25 billion, up from $950.3 million a year earlier.

Analysts polled by Capital IQ expected $1.09 billion.

The company said it now expects 2024 adjusted diluted EPS of $4.05 and $4.21, up from its previous outlook of $3.66 to $3.82. Analysts polled by Capital IQ are expecting $3.86.

Sales for the year are now expected to increase 20% to 22%, up from 10% to 12% previously.

Shares were up 7.5% in recent Thursday premarket activity.

Price: 78.48, Change: +5.49, Percent Change: +7.52