Garmin reports at 7 AM ET with investors watching fitness wearables and aviation gear amid consumer spending headwinds.
Garmin :
GRMN
GRMN
Stock Data
$309.98
$0.33 (0.11%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
TECHNOLOGY
Industry
SCIENTIFIC & TECHNICAL INSTRUMENTS
Garmin Ltd. is a global leader in GPS navigation and wearable technology, catering to fitness enthusiasts, outdoor adventurers, mariners, and pilots. The company offers a wide array of products including smartwatches, fitness trackers, adventure watches, marine chartplotters, fishfinders, aircraft avionics, and automotive devices. Garmin is known for its Garmin Connect platform, allowing users to track and analyze their activities, and Connect IQ for custom app development. With a commitment to innovation, Garmin serves customers through a network of retailers, dealers, and online, headquartered in Schaffhausen, Switzerland since 1989.
Latest Activity
Garmin's fitness business surged 25% to fuel a 22.5% EPS beat and its fifth consecutive quarter of topping expectations, prompting the company to raise full-year guidance to $10 in pro forma earnings per share. The expansion of its advanced wearables portfolio, bolstered by acquisitions of TrainingPeaks and TrainHeroic, is now visibly moving the needle across the broader organization.
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