Garmin's operating income drops in Q4, targets $5 billion for FY23

Garmin

Positive currency effects of more than $44.5 million helped Garmin report a 2.5 percent increase in Q4 net income to $293.3 million from $286.1 million. Operating income decreased 15 percent to $267.2 million for the period ended Dec. 31, but gross margin improved to 57.0 percent from 55.5 percent. Total ...

REGISTER NOW a Free Account today to continue reading this article.

Sign-in if you already subscribe to The Outdoor industry Compass.

barrier_image_OIC

Subscribe today for just €9 a week!

Get access to what the top decision makers are reading in the outdoor industry.

  • Insights you won’t find anywhere else about outdoor brands and retailers and the outdoor market
  • Weekly Email Briefings - the must-read for all decision-makers in the industry
  • Get inspiration to drive your business forward
  • Get unlimited access to oicompass.com and secure access to all news, insights and analysis
  • Guest chronicles, interviews, insights from industry experts and leaders that are shaping the future of the industry

 

Or sign-up for a trial month for just 9,90€. To continue reading this article REGISTER NOW.