Stock Pulse
Garmin reported record 2024 revenue of $6.3 billion, a 20% increase [9]. The company launched new products including the Varia Vue cycling headlight with a built-in camera [1] and the vívoactive 6 smartwatch with enhanced features [6]. Garmin also announced its own marathon series, expanding its presence in the fitness market [2], and increased its dividend to $0.90 per share [4]. While a comparison with Daikin Industries highlighted Garmin's lower value metrics [3], positive analyst revisions and strong growth projections suggest a positive outlook [8]. Garmin's fēnix smartwatches were used in a spaceflight mission, potentially boosting brand image [5]. Older news regarding the negative impact of Trump-era tariffs [7] and clarification of director Jonathan Burrell's ownership stake [10], [11] are less relevant to the current outlook.