Garmin's Q1 Earnings Surpass Expectations, Revenues Rise Y/Y
Garmin Ltd. (GRMN) reported strong first-quarter 2026 results, with pro forma earnings and net sales surpassing Zacks Consensus Estimates. The company saw a 29% year-over-year increase in earnings per share and a 14% rise in net sales, driven by robust performance in its Fitness, Aviation, and Marine segments. Despite a decline in the Outdoor segment, Garmin maintained its full-year 2026 revenue and EPS guidance.
https://www.theglobeandmail.com/investing/markets/stocks/ANET/pressreleases/1593949/garmins-q1-earnings-surpass-expectations-revenues-rise-yy/