Garmin(GRMN)

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Garmin to Report Q2 Earnings: What's in the Cards for the Stock?
ZACKS· 2025-07-25 15:56
Core Insights - Garmin (GRMN) is set to report its second-quarter 2025 results on July 30, with earnings estimated at $1.96 per share, reflecting a 24% year-over-year increase [1][2] - The revenue estimate for the same quarter is $1.74 billion, indicating a year-over-year growth of 15.35% [2][11] Revenue Segments - The Fitness segment is expected to generate revenues of $482.5 million, showing a 12.6% increase year-over-year, driven by strong demand for advanced wearables and new wellness products [5][4] - The Outdoor segment's revenue is projected at $469.1 million, representing a 6.6% year-over-year growth, supported by strong momentum in wearables and new product launches [7][6] - The Marine segment is anticipated to achieve revenues of $340.4 million, up 24.7% from the previous year, bolstered by new product launches and the acquisition of Lumishore [9][8] - The Aviation segment is expected to report revenues of $245.8 million, indicating a 12.6% year-over-year growth, aided by increased demand in private air travel and new product launches [12][10] - The Auto OEM segment is projected to reach $185.5 million in revenues, reflecting a significant 26% year-over-year growth, driven by increased shipments to BMW [12] Growth Drivers - Garmin's expanding product portfolio is a key growth driver for its top-line performance in Q2 2025 [3] - Collaborations with Zwift and Google Maps are likely to enhance product appeal and boost sales across various segments [11]
Garmin (GRMN) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates
ZACKS· 2025-07-25 14:16
In its upcoming report, Garmin (GRMN) is predicted by Wall Street analysts to post quarterly earnings of $1.96 per share, reflecting an increase of 24.1% compared to the same period last year. Revenues are forecasted to be $1.74 billion, representing a year-over-year increase of 15.3%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.7% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this ...
Garmin (GRMN) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2025-07-23 15:07
This maker of personal navigation devices is expected to post quarterly earnings of $1.96 per share in its upcoming report, which represents a year-over-year change of +24.1%. Revenues are expected to be $1.74 billion, up 15.4% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has been revised 0.65% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates ...
Garmin (GRMN) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2025-07-16 23:16
In the latest close session, Garmin (GRMN) was up +2.16% at $220.80. This move outpaced the S&P 500's daily gain of 0.32%. On the other hand, the Dow registered a gain of 0.53%, and the technology-centric Nasdaq increased by 0.26%. The maker of personal navigation devices's stock has climbed by 9.28% in the past month, exceeding the Computer and Technology sector's gain of 7.22% and the S&P 500's gain of 4.51%.Market participants will be closely following the financial results of Garmin in its upcoming rele ...
Garmin unveils new Distance Measuring Equipment (DME) solutions for aircraft
Prnewswire· 2025-07-16 10:59
GDM 4500 and GDM450R can replace aging DME solutions and provide modern Garmin features State-of-the-art products offer cost-effective way to upgrade DME capabilities on many aircraft New solutions allow pilots to receive multiple DME stations with compatible avionics OLATHE, Kan., July 16, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced its new distance measuring equipment (DME) products – the GDM 4500 and GDM 450R. These digital, state-of-the-art, remote-mount DME radios are designed to provide ...
Garmin advances dive safety technology with revolutionary Descent S1 Smart Buoy
Prnewswire· 2025-07-15 11:02
Track, monitor and communicate with those above – and below – the surface for greater situational awareness while exploring the depthsOLATHE, Kan., July 15, 2025 /PRNewswire/ --/July 15, 2025/PR Newswire – Garmin (NYSE: GRMN) today announced the Descent™ S1 Buoy, a revolutionary addition to the Garmin dive lineup that helps strengthen diver communication and enhances peace of mind for divers and crew. Using Garmin's unique SubWave™ sonar networking, the buoy integrates seamlessly with Garmin dive computers ...
How To Deep Clean Your Fitness Tracker (and Why You Should!)
CNET· 2025-07-12 12:00
Product Maintenance - Regular cleaning of smartwatches or fitness trackers is important to prevent skin irritation from accumulated dirt and grime [2] - The video demonstrates cleaning a Garmin Forerunner 965, highlighting its 5ATM waterproof rating, which allows submersion up to 50 meters [4][5] - Different watch bands (silicone, leather, metallic) require different cleaning methods, with leather and metallic bands needing gentle wiping instead of submersion [11][12] - Key areas to clean include where the watch face meets the band, the heart rate monitor, and the charging port [7][12] - Avoid using chemical solvents or abrasive materials on the screen; a microfiber cloth is recommended [14][15] Usage Tips - The presenter wears the watch in the shower, which helps to keep it clean [18] - A thumbtack (or toothpick/safety pin) can be used gently to scrape off gunk from hard-to-reach areas like the charging port [3][4][13] - Cotton swabs are useful for cleaning the areas where the band meets the watch face [3][7] Accessories - Silicone bands are easy to clean due to their waterproof nature [9] - Screen protectors can be used to prevent scratches, especially on watches prone to them [15]
Garmin smartwatches add turn-by-turn directions with Google Maps
Prnewswire· 2025-07-08 11:01
Core Points - Garmin has launched the Google Maps app in the Connect IQ Store, offering free turn-by-turn directions on compatible smartwatches [1][5] - The app enhances user experience by providing notifications for upcoming turns, allowing users to keep their phones in their pockets while navigating [3][4] - Users can track their fitness activities while using the app, syncing data with other health and fitness applications [4] Product Features - The Google Maps app provides on-the-go directions with gentle vibrations on the smartwatch, improving safety for pedestrians [3] - Users can view the next three turns by tapping into the app, enhancing situational awareness [3] - The app is compatible with various Garmin smartwatch models, including Venu, Forerunner, vívoactive, and fenix [1] Market Context - The Connect IQ Store serves as a comprehensive platform for Garmin users to personalize their devices with thousands of available apps and services [6] - The integration of Google Maps into Garmin's ecosystem reflects a growing trend of combining fitness tracking with navigation technology [1][6]
Garmin launches the Force Current kayak trolling motor with unrivaled maneuverability
Prnewswire· 2025-07-08 10:57
Core Viewpoint - Garmin has launched the Force Current, a hands-free kayak trolling motor that enhances the fishing experience by allowing anglers to control their kayak without needing to set down their fishing rod [1][3]. Product Features - The Force Current features a brushless motor designed specifically for kayak fishing, providing full forward and reverse thrust for easy navigation in various environments [1][5]. - It includes two prop options: a high-efficiency prop for extended battery life and a weedless prop for navigating through aquatic vegetation [5]. - The motor delivers 50 pounds of thrust with 24V power and 30 pounds with 12V power, enabling anglers to move efficiently throughout the day [8]. Technology and Innovation - The trolling motor incorporates a wireless throttle and steering control system, allowing for hands-free operation [2][3]. - It offers wireless integration with chartplotters, enabling anglers to create routes and control various functions such as steering and anchor lock [8]. - The product features smart anchor lock technology with multi-band GPS to maintain position in challenging conditions [8]. Market Position and Pricing - Kayak fishing is identified as one of the fastest-growing segments in recreational fishing, prompting Garmin to expand its Force trolling motor lineup [3]. - The Force Current will be available for a suggested retail price of $3,599.99 with foot pedals or $2,999.99 without [5]. Company Background - Garmin is recognized as the world's largest marine electronics manufacturer and has been named Manufacturer of the Year by the National Marine Electronics Association for ten consecutive years [6].
Garmin Ltd. schedules second quarter 2025 earnings call
Prnewswire· 2025-07-02 11:00
Core Points - Garmin Ltd. will hold its second quarter 2025 earnings conference call on July 30, 2025, at 10:30 a.m. EDT [1] - The earnings release will be distributed prior to market open on the same day [1] - Participants can join the call via a live webcast or by phone, with a recommendation to join 10 minutes early [2] Company Overview - Garmin Ltd. is focused on developing technology that enhances the performance and activity levels of individuals, particularly athletes [2] - The company is incorporated in Switzerland, with principal subsidiaries in the United States, Taiwan, and the United Kingdom [2]