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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]
Meet quatix 8: the most advanced purpose-built smartwatch for mariners from Garmin
Prnewswire· 2025-06-25 11:01
Core Insights - Garmin has launched the quatix® 8, a nautical smartwatch designed for mariners, featuring a built-in speaker and microphone for helm control and phone calls while on the water [1][6] - The smartwatch is available in two sizes, 47mm and 51mm, both equipped with a 1.4-inch AMOLED display and a durable design that includes a scratch-resistant sapphire lens and titanium bezel [1][4] - The quatix 8 boasts impressive battery life, lasting up to 16 days for the 47mm model and 29 days for the 51mm model [1] Product Features - The quatix 8 is designed to withstand tough conditions, meeting U.S. military standards for thermal and shock resistance, and includes an ambient light sensor for visibility in sunlight [4] - It is dive-rated up to 40 meters and features leakproof metal buttons and a sensor guard for protection during underwater activities [5] - The smartwatch allows users to navigate water, control Garmin chartplotter functions, and make calls via Bluetooth when paired with a compatible smartphone [6][10] Pricing and Availability - The quatix 8 is available now, with a suggested retail price of $1,199.99 for the 47mm model and $1,299.99 for the 51mm model [8] 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 [9]