Core Insights - Garmin matched earnings estimates for Q3 with adjusted earnings of $1.99 per share, but sales were slightly below expectations at $1.77 billion compared to the anticipated $1.78 billion [2][4] - The company's earnings in the same quarter last year were also $1.99 per share, but sales were lower at $1.59 billion, indicating stable earnings year-over-year but growth in sales [2][4] - Following the earnings report, Garmin's stock fell over 3% in premarket trading, dropping to $240 [2][4] Financial Performance - Adjusted earnings per share for Q3 were $1.99, matching analyst expectations [2] - Sales for the September quarter were reported at $1.77 billion, slightly below the forecast of $1.78 billion [2] - Year-over-year comparison shows that sales increased from $1.59 billion in the previous year to $1.77 billion this year [2] Market Position - Garmin is recognized on the IBD Tech Leaders list, indicating its strong position within the technology sector [3] - The company has seen an upgrade in its IBD SmartSelect Composite Rating, rising to 96 from 94, reflecting improved market performance [4][5] - Garmin's stock has shown rising relative strength, although it remains shy of key benchmarks [5]

EXHIBIT 99.1 Garmin announces third quarter 2025 results Company reports record third quarter revenue and operating income, and raises full year EPS guidance Schaffhausen, Switzerland / October 29, 2025 / PR Newswire – Garmin ® Ltd. (NYSE: GRMN), today announced results for the third quarter ended September 27, 2025. Highlights for third quarter 2025 include: | information) | | 13-Weeks Ended | | | 39-Weeks Ended | | | --- | --- | --- | --- | --- | --- | --- | | | September 27, | September 28, | YoY | Septe ...

Core Insights - Garmin (GRMN) is set to report its third-quarter 2025 results on October 29, with earnings estimated at $1.98 per share, reflecting a year-over-year decrease of 0.5% [1][10] - The Zacks Consensus Estimate for Garmin's revenues in the third quarter of 2025 is $1.79 billion, indicating a year-over-year growth of 12.8% [2][10] - Garmin has exceeded the Zacks Consensus Estimate in three of the last four quarters, with an average surprise of 17.21% [1] Revenue Segments - The Fitness segment is expected to generate revenues of $585 million, representing a year-over-year growth of 26.1%, driven by strong demand for advanced wearables and new wellness products [5][4] - The Outdoor segment's revenues are estimated at $559.9 million, showing a growth of 6.3% year-over-year, supported by strong momentum in wearables and new product launches [7][6] - The Marine segment is projected to achieve revenues of $229.6 million, up 3.3% from the previous year, bolstered by new product launches and the acquisition of Lumishore [9][8] - The Aviation segment's revenues are expected to reach $213.5 million, indicating a year-over-year growth of 4.3%, driven by increased demand in private air travel and new product features [11][10] - The Auto OEM segment is estimated to generate revenues of $178.7 million, reflecting a 5.9% year-over-year growth, attributed to increased shipments to BMW [12] Growth Drivers - Garmin's expanding product portfolio and collaborations, such as the integration with Google Maps, are anticipated to drive top-line growth across various segments [3][4] - Recent product launches, including the Venu 4 smartwatch and various advanced wearables, are expected to enhance revenue performance in the Fitness and Outdoor segments [6][4]

Core Viewpoint - Garmin (GRMN) is expected to report quarterly earnings of $1.98 per share, reflecting a slight decline of 0.5% year-over-year, while revenues are forecasted to increase by 12.8% to $1.79 billion [1] Earnings Estimates - There have been no revisions in the consensus EPS estimate for the quarter over the last 30 days, indicating stability in analysts' forecasts [1][2] Key Metrics Projections - Analysts project 'Net Sales- Marine' to be $239.52 million, a year-over-year increase of 7.8% [4] - 'Net Sales- Aviation' is estimated at $219.19 million, reflecting a 7.1% increase from the previous year [4] - 'Net Sales- Fitness' is expected to reach $593.93 million, showing a significant growth of 28% year-over-year [4] - 'Net Sales- Outdoor' is forecasted at $565.76 million, indicating a 7.5% increase [5] - 'Net Sales- Auto OEM' is estimated at $171.22 million, a modest increase of 1.5% [5] Operating Income Projections - 'Operating income (loss)- Outdoor' is projected to be $202.47 million, down from $208.87 million in the previous year [5] - 'Operating income (loss)- Fitness' is expected to reach $165.69 million, up from $147.77 million year-over-year [6] - 'Operating income (loss)- Marine' is forecasted at $46.17 million, an increase from $37.84 million in the prior year [6] Gross Profit Estimates - 'Gross profit- Fitness' is projected to be $352.82 million, compared to $283.33 million in the same quarter last year [7] - 'Gross profit- Marine' is estimated at $132.91 million, up from $122.43 million year-over-year [7] - 'Gross profit- Aviation' is expected to reach $164.32 million, an increase from $154.14 million in the previous year [7] - 'Gross profit- Outdoor' is projected at $366.21 million, compared to $358.69 million last year [8] Stock Performance - Garmin shares have increased by 5.7% over the past month, outperforming the S&P 500 composite, which rose by 1.3% [8]

Core Insights - Garmin's stock closed at $250.17, reflecting a daily increase of +1.06%, outperforming the S&P 500's gain of 0.58% [1] - The stock has risen by 4.7% over the past month, contrasting with a 0.5% decline in the Computer and Technology sector [1] Earnings Expectations - Garmin's upcoming earnings report is scheduled for October 29, 2025, with expected earnings of $1.98 per share, indicating a year-over-year decline of 0.5% [2] - Revenue is projected at $1.79 billion, representing a 12.84% increase from the same quarter last year [2] Fiscal Year Projections - For the entire fiscal year, earnings are estimated at $8.09 per share and revenue at $7.15 billion, reflecting increases of +9.47% and +13.62% respectively from the prior year [3] Analyst Estimates - Recent changes in analyst estimates for Garmin indicate positive sentiment regarding the company's business operations and profit generation capabilities [4] - The Zacks Rank system, which evaluates these estimate changes, currently ranks Garmin at 2 (Buy) [6] Valuation Metrics - Garmin's Forward P/E ratio stands at 30.61, which is higher than the industry average of 23.19 [7] - The company has a PEG ratio of 2.74, compared to the industry average PEG ratio of 2.03 [7] Industry Context - The Electronics - Miscellaneous Products industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 40, placing it in the top 17% of over 250 industries [8]

Core Points - Garmin has partnered with Truemed to enable qualified U.S. customers to use pre-tax HSA/FSA funds for purchasing eligible smartwatches and cycling products, potentially saving up to 30% on select items [1][3][4] Group 1: Partnership Details - The collaboration allows customers to use pre-tax dollars for Garmin products, enhancing their purchasing power [3][4] - Eligible products include various Garmin smartwatches and fitness trackers, as well as Tacx cycling trainers and Edge cycling computers [1][2] Group 2: Financial Accessibility - The initiative aims to improve financial accessibility for health-related purchases, encouraging users to prioritize their health and fitness goals [3][4] - HSA/FSA accounts represent a significant funding source, with an estimated $140 billion available for qualified Americans to address chronic health conditions [9] Group 3: Process for Reimbursement - Customers can complete a health assessment to determine eligibility for reimbursement, receiving a Letter of Medical Necessity (LMN) within 1-2 days [8] - The reimbursement claims process typically takes 2-4 weeks after submission [8]

Core Insights - Garmin has launched two new aviator smartwatches, the D2 Air X15 and D2 Mach 2, featuring advanced aviation, health, and fitness functionalities designed for pilots [1][2][3] Product Features - The D2 Air X15 includes a bright AMOLED touchscreen, built-in LED flashlight, and PlaneSync compatibility, allowing pilots to access aircraft status information remotely [5][10] - The D2 Mach 2 offers advanced aviation maps, weather alerts, and a robust design suitable for 24/7 wear, with a battery life of up to 26 days [7][10] - Both models support voice commands for various functions, including starting flight activities and accessing aviation-specific commands [8][10] Pricing and Availability - The D2 Air X15 is priced at $649.99, while the D2 Mach 2 is available in two sizes: 47mm for $1,349.99 and 51mm for $1,499.99 [13]

After reaching an important support level, Garmin (GRMN) could be a good stock pick from a technical perspective. GRMN surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.The 20-day simple moving average is a popular trading tool. It provides a look back at a stock's price over a 20-day period, and is beneficial to short-term traders since it smooths out price fluctuations and provides more trend reversal signals than longer-term moving averages.The 20-day moving average ...

LAS VEGAS--(BUSINESS WIRE)--The Cessna Citation M2 Gen2 with Garmin Autothrottles recently received certification from the Federal Aviation Administration (FAA), bringing greater control and precision to pilots. The integration of Garmin's Autothrottle system in the M2 Gen2 further supports the most delivered light-entry jet's capabilities by optimizing engine power, simplifying flight management and increasing overall operating efficiency. The Cessna Citation M2 Gen2 is designed and produced b. ...

With a market cap of $49.4 billion, Garmin Ltd. (GRMN) is a leading global designer, manufacturer, and marketer of GPS-based navigation and communication devices. The company operates across five segments: Outdoor, Fitness, Marine, Auto, and Aviation, offering a wide range of innovative products and solutions for consumers, businesses, and the aviation industry. The Schaffhausen, Switzerland-based company is expected to announce its Q3 2025 results before the market opens on Wednesday, Oct. 29. Ahead of t ...