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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 unveils the Forerunner 570 and Forerunner 970, its newest GPS running and triathlon smartwatches for performance-driven athletes
Prnewswire· 2025-05-15 13:30
Advanced smartwatches add new training tools, recovery insights and connected features—all on Garmin's brightest smartwatch display yetOLATHE, Kan., May 15, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced the Forerunner® 570 and Forerunner 970, its latest GPS running and triathlon smartwatches with advanced training tools, recovery insights, personalized workouts and more to help athletes reach their next PR. Featuring Garmin's brightest AMOLED displays yet, the new Forerunners add a built-in speak ...