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0 6.11246943766462E-05 -0.00415647921760378 -0.000977995110024429 0.00458435207823961 0.00183374083129591 0.00103911980440108 -0.00110024449877737
Stock impact report

Garmin (GRMN) Q1 Earnings & Sales Beat Estimates, Rise Y/Y [Yahoo! Finance]

Garmin Ltd. (GRMN) 
Last garmin ltd. earnings: 4/29 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: garmin.com/en-us/company/investors
Company Research Source: Yahoo! Finance
Net sales were $1.38 billion, which surpassed the Zacks Consensus Estimate of $1.24 billion. The figure increased 20% from the year-ago quarter. Year-over-year growth in the top line was attributed to strength in the Fitness and Auto OEM segments. The growing Outdoor and Marine segments contributed well. Shares of Garmin have gained 13% year to date, outperforming the industry's rally of 7.2%. Garmin Ltd. Price, Consensus and EPS Surprise Garmin Ltd. price-consensus-eps-surprise-chart | Garmin Ltd. Quote Segmental Details Outdoor (26.5% of net sales): The segment generated sales of $366.2 million in the reported quarter, increasing 11% year over year due to strength in the wearables category. Fitness (24.8%): The segment generated sales of $342.9 million, which increased 40% from the year-ago quarter, owing to solid demand for the company's advanced wearables. Aviation (15.7%): The segment generated sales of $216.9 million, increasing 2% on a year-over-year basis. Thi Show less Read more
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