SHARKNINJA INC
SN
Consumer Discretionary
1
exclusion reason
1 theme
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
SharkNinja recalled approximately 1.84 million Ninja Foodi OP300 Series pressure cookers in May 2025 after the CPSC documented 106 burn injury reports, including over 50 cases of second- or third-degree burns to consumers' faces and bodies, with 26 lawsuits filed. The defect allowed the pressure-cooking lid to be opened during use, causing hot contents to escape. The affected products were sold at Walmart, Costco, Sam's Club, Amazon, and Target from January 2019 through March 2025 at approximately $200 each, meaning the company sold a product with a known catastrophic burn hazard for over six years before issuing a recall. The scale of injuries and duration of sales represent a significant consumer safety failure.
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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.
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