LATEST NEWS: CORPORATE

Garmin® shareholders approve quarterly dividend through March 2020 and Garmin announces record dates and payment dates for June 2019 dividend installment

June 7, 2019
Earnings, Corporate
At Garmin Ltd.’s annual shareholders’ meeting held today, June 7, approval was received from the shareholders in accordance with Swiss corporate law for a cash dividend in the amount of $2.28 per share (subject to adjustment in the event that the Swiss Franc weakens more…

Garmin reports first quarter revenue and profit growth

May 1, 2019
Earnings, Featured Releases, Corporate
Garmin Ltd. (Nasdaq: GRMN) today announced results for the first quarter ended March 30, 2019. Highlights for the first quarter 2019 include:
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Garmin® named one of America’s Top 5 Best Employers in Forbes 2019 rankings

April 25, 2019
Featured Releases, Corporate
Garmin Ltd. (NASDAQ:GRMN) today announced that Forbes recognized Garmin as one of America’s Best Employers in 2019 for the third consecutive year. Garmin ranked No. 5 in the large employers category, up from No. 37 in the prior year. The list of honorees was…

Garmin ® completes acquisition of Tacx

April 2, 2019
Featured Releases, Sports & Fitness, Corporate
Garmin Ltd. (NASDAQ: GRMN) today announced that it has completed the acquisition of Tacx Onroerend en Roerend Goed B.V (“Tacx”), a privately-held Dutch company that designs and manufactures indoor bike trainers, tools and accessories, as well as indoor training software…

Garmin® Ltd. schedules its first quarter 2019 earnings call

March 29, 2019
Corporate
Garmin Ltd. (Nasdaq: GRMN) invites shareholders and investors to listen to its first quarter 2019 earnings conference call that will be broadcast over the Internet on Wednesday, May 1, 2019 at 10:30 a.m. ET, with executives of Garmin. The call will be held in conjunction…

Garmin reports fiscal year 2018 revenue and strong operating income growth; proposes dividend increase

February 20, 2019
Corporate
Garmin Ltd. (Nasdaq: GRMN – News) today announced results for the fourth quarter and fiscal year ended December 29, 2018. Highlights for the fourth quarter 2018 include: Total revenue of $932 million, a 4% increase, with aviation, marine, outdoor and fitness collectively increasing 13% over the…

Garmin ® signs purchase agreement to acquire Tacx, the leading manufacturer of indoor bike trainers

February 12, 2019
Featured Releases, Sports & Fitness, Corporate
Garmin Ltd. (NASDAQ: GRMN), today announced that one of its affiliates has signed a definitive agreement to acquire all of the outstanding shares of Tacx Onroerend en Roerend Goed B.V (“Tacx”), a privately-held Dutch company that designs and manufacturers indoor bike trainers, tools and accessories…

Garmin Ltd. schedules its fourth quarter 2018 earnings call

January 14, 2019
Corporate
Garmin Ltd. (Nasdaq: GRMN) invites shareholders and investors to listen to its fourth quarter 2018 earnings conference call that will be broadcast over the Internet on Wednesday, February 20, 2019 at 10:30 a.m. ET, with executives of Garmin. The call will be held in conjunction with the company's…

Garmin® confirms December 31 dividend payment

December 3, 2018
Earnings, Corporate
SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--The Garmin Ltd. (NASDAQ: GRMN) board of directors has established December 31, 2018 as the payment date for the next dividend installment of $0.53 per share with a record date of December 14, 2018. At the 2018 annual shareholders’…

Garmin reports third quarter revenue and earnings growth; updates EPS guidance for 2018

October 31, 2018
Earnings, Corporate
SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq: GRMN – News) today announced results for the third quarter ended September 29, 2018. Highlights for the third quarter 2018 include: