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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]
Bring your cycling climbs inside with the Tacx Alpine from Garmin
Prnewswire· 2025-06-24 11:02
Core Insights - Garmin has launched the Tacx® Alpine, a gradient simulator designed to enhance indoor cycling by replicating climbs and providing a more immersive riding experience [1][3] - The Tacx Alpine can simulate grades from up to 25% to down to -10%, allowing for a more natural movement during indoor rides [1][8] - The product is compatible with Tacx NEO 2T and 3M smart trainers, enhancing the overall cycling experience [1][3] Product Features - The Tacx Alpine features a dynamic fork mount that allows for virtual, real-time steering by simply rotating the handlebars [8] - It includes a built-in motion base for smoother and more responsive movements, contributing to a quiet and comfortable ride [8] - Users can manually adjust the grade using a built-in control panel or receive real-time automatic grade changes when paired with compatible apps [8] Market Positioning - The Tacx Alpine is priced at $1,099.99 and is positioned as a premium training tool for cyclists seeking an ultimate indoor cycling experience [5] - The product is designed to integrate seamlessly with the Tacx Training App, enabling users to complete training plans, participate in virtual GroupRides, and experience immersive videos from scenic routes [8] Company Overview - Garmin International, Inc. is a subsidiary of Garmin Ltd., which is incorporated in Switzerland and has principal subsidiaries in the United States, Taiwan, and the United Kingdom [7] - The company is committed to developing technology that enhances performance for athletes across various disciplines, including cycling [6]