Garmin Ltd

GRMN: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$441.00	Nqnrcbf	Ctwlxdm

Garmin Earnings: Marine Slowdown While Fitness Shines; Shares Remain Attractive

Julie Bhusal Sharma

Aug 3, 2023

Garmin reported solid second-quarter results, with revenue in line with our model and earnings per share more uplifted than we expected. Management increased full-year guidance for revenue to $5.05 billion due to strong sales this quarter.

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