EarningsFY2025 Adj. EPS outlook was raised on improved operational margin estimates to $8.15.
Market DemandGarmin will continue to benefit by accelerating fitness and smart wearable demand, ongoing new product introductions, new auto OEM deals, strategic integration of its MYLAPS acquisition, major health innovations, and accelerating recurring subscription revenue momentum that will continue to drive revenue and cash flow growth and increasing shareholder value creation.
Product InnovationGarmin continues to drive growth through its impressive cadence of new product introductions, highlighted by the launch of the fēnix 8 Pro with inReach satellite messaging, the Blaze Equine Wellness System for real-time horse health tracking, and the introduction of the Bounce 2 smartwatch for children, featuring LTE location and calling capabilities.