Garmin Ltd
GRMN: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ^z< | LOCK|z%<v | LOCK|@BTvP& |
Garmin Earnings: Fitness Demand Drives Another Good Quarter and Supports 2026 Guidance Raise
Garmin reported a healthy second quarter, with revenue up 11% year over year to $2.02 billion. Pro forma EPS was $2.81, representing a solid 29% increase. Encouragingly, a strong performance in the first half of 2026, particularly in the fitness segment, helped raise the full-year outlook.
