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11h agoGuidance raised at Garmin as aviation and marine demand steadies
After reviewing year-to-date performance, Garmin increased its profit outlook, supported by sustained demand in aviation and marine and improved product mix. Management reported gross-margin expansion despite higher operating expenses, citing cost controls and component availability. New avionics certifications, autopilot upgrades, and service subscriptions helped offset softer trends in fitness and automotive categories. Executives emphasized disciplined inventory and ongoing platform refreshes across wearables, cycling, and chartplotters. Analysts noted the guidance lift underscores pricing power and a stable order book across premium navigation electronics, even as broader technology peers face mixed consumer spending.
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neutral
11h agoGuidance raised at Garmin as aviation and marine demand steadies
After reviewing year-to-date performance, Garmin increased its profit outlook, supported by sustained demand in aviation and marine and improved product mix. Management reported gross-margin expansion despite higher operating expenses, citing cost controls and component availability. New avionics certifications, autopilot upgrades, and service subscriptions helped offset softer trends in fitness and automotive categories. Executives emphasized disciplined inventory and ongoing platform refreshes across wearables, cycling, and chartplotters. Analysts noted the guidance lift underscores pricing power and a stable order book across premium navigation electronics, even as broader technology peers face mixed consumer spending.
Explore:Mutual Fund Categories
neutral
Guidance raised at Garmin as aviation and marine demand steadies
about 11 hours ago
1 min read
91 words
Garmin lifted its annual outlook as aviation and marine strength, margin gains, and new services countered weakness in fitness and automotive segments.
After reviewing year-to-date performance, Garmin increased its profit outlook, supported by sustained demand in aviation and marine and improved product mix. Management reported gross-margin expansion despite higher operating expenses, citing cost controls and component availability. New avionics certifications, autopilot upgrades, and service subscriptions helped offset softer trends in fitness and automotive categories. Executives emphasized disciplined inventory and ongoing platform refreshes across wearables, cycling, and chartplotters. Analysts noted the guidance lift underscores pricing power and a stable order book across premium navigation electronics, even as broader technology peers face mixed consumer spending.
After reviewing year-to-date performance, Garmin increased its profit outlook, supported by sustained demand in aviation and marine and improved product mix. Management reported gross-margin expansion despite higher operating expenses, citing cost controls and component availability. New avionics certifications, autopilot upgrades, and service subscriptions helped offset softer trends in fitness and automotive categories. Executives emphasized disciplined inventory and ongoing platform refreshes across wearables, cycling, and chartplotters. Analysts noted the guidance lift underscores pricing power and a stable order book across premium navigation electronics, even as broader technology peers face mixed consumer spending.
Companies:
Garmin Ltd.
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garmin
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garmin
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Oct 29, 2025 • 17:21 IST






































