Garmin: Summary of 2024 results and outlook for 2025
2024 was a very successfulyear for Garmin $GRMN, with revenue growth of 19% and improved operating profitability to 24% (from 20% in 2023). The company particularly benefited from the strengthening of its fitness, outdoor and marine segments, underlining the successful transformation of its portfolio.
Garmin hasn't been mentioned here for a long time. Shares of $GRMN are up just under 30% this year, which is solid for such a company, but the stock price is unfortunately higher at the moment.
Do you have $GRMNstock in your portfolio or do you use a Garmin watch?
Investors, which company's results will you be watching next week?
I'm definitely interested in the results of $O, $NVDA, $VICI, $WBD, and recently Garmin $GRMN caught my eye, so I'd like to see their results as well .
Nvidia will go to 800 or even 1000... :D No I'll watch for sure $HD and I'll be interested in $WMT but I don't expect such a pair that I'd think about buying we'll see..
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Great company, I quite like the business and the fundamentals look very good too. It's just that the valuation is unfortunately high right now.