Garmin Ltd.
(NYSE:GRMN) stock climbed in Wednesday trading after the company reported stronger-than-expected second-quarter 2026 results, raised its full-year outlook and expanded margins.
The maker of GPS navigation devices and wearable technology reported revenue of $2.02 billion, up 11% from a year earlier and above the analyst consensus estimate of $1.90 billion, according to Benzinga Pro.
Adjusted earnings were $2.81 per share, topping the analyst consensus estimate of $2.25.
Segment Performance Fitness revenue increased 25% year over year to $756.8 million, driven by growth across all product categories, led by strong demand for advanced wearables.
