Garmin Ltd. and Subsidiaries | ||||||||||||||||||||||||
Net Sales, Gross Profit and Operating Income by Segment (Unaudited) | ||||||||||||||||||||||||
(In thousands) | ||||||||||||||||||||||||
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|
|
| Fitness |
|
| Outdoor |
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| Aviation |
|
| Marine |
|
| Auto
|
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| Total |
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13-Weeks Ended September 28, 2024 |
| |||||||||||||||||||||||
Net sales |
| $ | 463,887 |
|
| $ | 526,551 |
|
| $ | 204,631 |
|
| $ | 222,244 |
|
| $ | 168,709 |
|
| $ | 1,586,022 |
|
Gross profit |
|
| 283,325 |
|
|
| 358,693 |
|
|
| 154,138 |
|
|
| 122,433 |
|
|
| 33,010 |
|
|
| 951,599 |
|
Operating income (loss) |
|
| 147,768 |
|
|
| 208,866 |
|
|
| 44,278 |
|
|
| 37,839 |
|
|
| (1,276) |
|
|
| 437,475 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
13-Weeks Ended September 30, 2023 |
| |||||||||||||||||||||||
Net sales |
| $ | 352,976 |
|
| $ | 433,997 |
|
| $ | 198,160 |
|
| $ | 182,248 |
|
| $ | 110,150 |
|
| $ | 1,277,531 |
|
Gross profit |
|
| 190,685 |
|
|
| 270,774 |
|
|
| 148,364 |
|
|
| 95,186 |
|
|
| 23,560 |
|
|
| 728,569 |
|
| Operating income (loss) |
|
| 74,614 |
|
|
| 136,401 |
|
|
| 49,269 |
|
|
| 23,850 |
|
|
| (13,765) |
|
|
| 270,369 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 39-Weeks Ended September 28, 2024 |
| |||||||||||||||||||||||
| Net sales |
| $ | 1,235,182 |
|
| $ | 1,332,617 |
|
| $ | 639,739 |
|
| $ | 821,933 |
|
| $ | 444,871 |
|
| $ | 4,474,342 |
|
| Gross profit |
|
| 723,375 |
|
|
| 885,646 |
|
|
| 478,131 |
|
|
| 449,472 |
|
|
| 80,006 |
|
|
| 2,616,630 |
|
| Operating income (loss) |
|
| 323,511 |
|
|
| 451,408 |
|
|
| 146,899 |
|
|
| 185,422 |
|
|
| (29,327) |
|
|
| 1,077,913 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 39-Weeks Ended September 30, 2023 |
| |||||||||||||||||||||||
| Net sales |
| $ | 932,561 |
|
| $ | 1,210,773 |
|
| $ | 629,195 |
|
| $ | 677,026 |
|
| $ | 296,196 |
|
| $ | 3,745,751 |
|
| Gross profit |
|
| 484,759 |
|
|
| 755,800 |
|
|
| 463,774 |
|
|
| 365,162 |
|
|
| 71,311 |
|
|
| 2,140,806 |
|
| Operating income (loss) |
|
| 139,651 |
|
|
| 351,399 |
|
|
| 169,730 |
|
|
| 142,135 |
|
|
| (51,209) |
|
|
| 751,706 |
|
|
Garmin announces third quarter 2024 results
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