Garmin is trading 20.3% up at $354.72 following a standout Q2 earnings beat and a substantial full-year guidance raise.
- Revenue grew 11% to $2.02 billion with EPS of $2.80 beating forecasts, driven by 25% growth in the Fitness segment and record gross margins of approximately 62%.
- Management significantly lifted 2026 outlook to approximately $8.05 billion in revenue and $10.00 EPS, signaling strong long-term confidence.