Garmin (GRMN) Q2 2025 Earnings Call Transcript
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Garmin (NYSE:GRMN) delivered record financial performance in Q2 2025, led by broad-based double-digit growth across all segments and regions. The company highlighted exceptional growth in the fitness segment, underscored by robust demand for advanced wearables and the launch of multiple new product lines. Global expansion continued, particularly in EMEA where year-over-year revenue growth reached 25%, supported by favorable foreign exchange rates. Management emphasized the strategic acquisition of MyLabs, which brings integrated timing and race management technology into Garmin Ltd.'s ecosystem. Full-year 2025 financial guidance was raised for both revenue and pro forma EPS following the strong first half, accompanied by increases in segment-level revenue growth outlooks for fitness (25%), aviation (7%), marine (5%), and auto OEM (10%).
Source Fool.com
