GRMN
NYSE · Consumer products
Garmin Ltd
$285.57
-0.83 (-0.29%)
GRMN News5 articles
Oura's $2.1B IPO: A Liquidity Event, Not a Growth Fundraiser
Oura's $2.1B IPO is a liquidity event for early investors, with only $6.2M for company use. Revenue grows 74%, but dilution and valuation risks loom.
Garmin Launches Fenix 9 Series Amid Outdoor Segment Headwinds
Garmin introduces the fēnix 9 series with premium pricing to counter a 2% dip in Outdoor segment revenue, while maintaining strong gross margins.
Garmin Shares Surge 17% on Q2 Margin Expansion and Upgraded Outlook
Garmin shares soared 17% after Q2 operating margin surged to 30.4%, prompting a valuation rerating. The company raised its 2026 EPS outlook to $10, well above consensus.
West Marine to Close 59 Stores, Executive Bonuses Draw Scrutiny
West Marine is closing 59 stores in 23 states amid Chapter 11 bankruptcy, having paid $1.075 million in executive bonuses just before filing. The company owes over $65 million to top vendors.
Garmin's fēnix 8 Pro Clinches Top MWC 2026 Award Amid Strong Fitness Growth
Garmin Ltd. secured the 'Best Connected Consumer Device' award at Mobile World Congress for its fēnix 8 Pro smartwatch. The recognition comes after the company reported a 42% jump in fitness segment revenue and issued an optimistic 2026 sales outlook.