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Garmin Ltd - GRMN STOCK NEWS

Welcome to our dedicated news page for Garmin (Ticker: GRMN), a resource for investors and traders seeking the latest updates and insights on Garmin.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Garmin's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Garmin's position in the market.

Rhea-AI Summary
Garmin (GRMN) announces its first quarter 2024 earnings conference call scheduled for May 1, 2024, at 10:30 a.m. EDT. Shareholders and investors are invited to join the live webcast to hear executives discuss the company's financial performance.
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End-of-Day
0.39%
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Rhea-AI Summary
Garmin celebrates Justin Hamner's victory in the 2024 Bassmaster Classic with LiveScope technology. Hamner secured a wire-to-wire win using Garmin electronics, including ECHOMAP Ultra 2 chartplotters and LiveScope Plus. Four of the top six finishers at the event were Garmin pro anglers, showcasing the brand's dominance in the fishing electronics market.
Rhea-AI Impact
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0.49%
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Rhea-AI Summary
Garmin (GRMN) announces an upcoming FAA Supplemental Type Certification for the Cessna Citation CJ2, introducing an all-Garmin integrated solution for the light jet. The retrofit includes advanced avionics solutions like TXi flight displays, GTN Xi navigators, GFC 600 digital autopilot, and more, aimed at modernizing the aircraft and enhancing safety features. The program offers new technologies focused on reducing pilot workload and providing safety benefits through automation.
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0.32%
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Rhea-AI Summary
Garmin (GRMN) has been honored with the Supplier of the Year award by the Independent Boat Builders, Inc. (IBBI) for its exceptional service and support. The award recognizes Garmin's dedication to providing top-notch products and support to the boat builder owners. This is the third time Garmin has received this prestigious award, highlighting its consistent commitment to innovation and customer service in the marine industry.
Rhea-AI Impact
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End-of-Day
1.69%
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Garmin (GRMN) introduces the GWX 8000 StormOptix Weather Radar with Auto Mode for aircraft, expanding display options to GTN Xi navigators and TXi flight displays. The system reduces pilot workload, offers advanced weather depiction, and enhances safety with features like turbulence detection, hail and lightning prediction, and lightweight design.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.69%
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Rhea-AI Summary
Garmin releases its 2023 inReach SOS Report, highlighting global trends in SOS incidents. Key takeaways include varied responses, popular activities triggering SOS, and the importance of inReach devices for emergency situations.
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0.04%
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Rhea-AI Summary
Garmin Ltd. reports record revenue, proposes dividend increase, and announces share repurchase program. The company achieved consolidated revenue of $1.48 billion in Q4 2023, with a 13% increase compared to the prior year. Operating income grew by 27% to $340 million. For the fiscal year 2023, revenue reached $5.23 billion, an 8% increase over the previous year. GAAP EPS was $2.82, representing an 84% growth, and pro forma EPS stood at $1.72, a 27% increase.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.82%
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Garmin introduces Forerunner 165 Series smartwatches with personalized training plans, advanced fitness metrics, and wellness insights. The devices offer features like AMOLED display, adaptive training plans, wrist-based running power, music storage, and Garmin Pay contactless payments.
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0.45%
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Garmin introduces IFR-capable flight control system with Stability Augmentation for helicopters, enhancing safety and reducing pilot workload.
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0.45%
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Rhea-AI Summary
Garmin (GRMN) secures the No. 2 spot on Forbes' 2024 list of America's Best Large Employers, showcasing a strong commitment to employee well-being and creating best-in-class workplaces. With a global workforce of over 19,000 in 35 countries, Garmin's dedication to innovation and excellence is evident through various accolades and recognitions.
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Garmin Ltd

NYSE:GRMN

GRMN Rankings

GRMN Stock Data

28.38B
308.32M
19.82%
54.78%
1.16%
Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing
Manufacturing
Link
Switzerland
Schaffhausen

About GRMN

where do we start? how about kansas city? that’s our home. that’s where garmin put a stake in the ground in 1989. we’ve grown substantially over the years, offering diverse products and global reach in 5 diverse markets. but some things won’t ever change: our entrepreneurial spirit and a culture where everyone’s opinion matters. that’s because we believe it’s possible to light the tech world on fire and still be on a first name basis. big ideas, small egos what we do best is make products that let our customers do what they love. to do that, we focus on practical innovation, never losing sight of the benefits our products bring to our customers. sure, we love bells and whistles. what leading technology company doesn't? but we make sure ours have purpose. it’s not about the things we make. it’s about the things we make possible. we’re global, seriously. yeah, we’re based in kansas city, but we are truly a global company. with offices throughout europe, asia, middle east, south america a