News Releases: Corporate

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  • 7/31/13 6:00 am CDT
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq: GRMN) today announced results for the fiscal quarter ended June 29, 2013. Highlights in the quarter include: Total revenue of $697 million in second quarter 2013 with traditional segments of outdoor, fitness, aviation and marine delivering 51% of total revenues and growing 8% over the year ago quarter Operating margin of 24% with 64% of operating profit frommore...
  • 7/8/13 11:14 am CDT
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq: GRMN) invites shareholders and investors to listen to its second quarter 2013 earnings conference call that will be broadcast over the Internet on Wednesday, July 31, 2013 at 10:30 a.m. ET, with executives of Garmin. The call will be held in conjunction with the company's earnings release, which will be distributed prior to market open on July 31, 2013. What: Garmin Ltd. Secondmore...
  • 6/7/13 1:29 pm CDT
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--At Garmin Ltd.’s (NASDAQ: GRMN) annual shareholders’ meeting held today, approval was received from the shareholders in accordance with Swiss corporate law for a cash dividend in the amount of $1.80 per share (subject to possible adjustment based on the total amount of the dividend in Swiss Francs as approved at the annual meeting), payable in four equal installments. The board has determined that the June dividendmore...
  • 5/1/13 6:00 am CDT
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq: GRMN) today announced results for the fiscal quarter ended March 30, 2013. First Quarter 2013 Financial Summary: Total revenue of $532 million, down 4% from $557 million in first quarter 2012 Automotive/Mobile segment revenue decreased 10% to $253 million Outdoor segment revenue decreased 1% to $76 millionmore...
  • 4/5/13 2:51 pm CDT
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq: GRMN) invites shareholders and investors to listen to its first quarter 2013 earnings conference call that will be broadcast over the Internet on Wednesday, May 1, 2013 at 10:30 a.m. ET, with executives of Garmin. The call will be held in conjunction with the company's earnings release, which will be distributed prior to market open on May 1, 2013. What: Garmin Ltd. First Quartermore...
  • 3/14/13 1:42 pm CDT
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (NASDAQ: GRMN) announced today that it has adopted a Rule 10b5-1 plan (the “Plan”) in connection with the $300 million share repurchase authorization that was approved by the company’s board of directors on February 15, 2013. A plan under Rule 10b5-1 allows a company to repurchase its shares at times when it otherwise might be prevented from doing so under insider trading laws or becausemore...
  • 2/20/13 6:00 am CST
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq:GRMN) today announced fourth quarter and full year results for the period ended December 29, 2012. Fourth Quarter 2012 Financial Summary: Total revenue of $769 million, down 16% from $910 million in fourth quarter 2011: Automotive/Mobile segment revenue decreased 25% to $437 million Outdoor segment revenuemore...
  • 12/17/12 6:00 am CST
    Corporate

    Company veteran, Clifton Pemble, named Chief Executive Officer

    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq: GRMN) today announced that effective January 1, 2013 the board of directors has appointed Clifton Pemble to the position of president and CEO, succeeding co-founder, Dr. Min Kao. Pemble, who joined Garmin in 1989 as one of the company’s first engineers, has been serving as president and chief operating officer since October 2007, and has been a member of the Garmin Ltd. board of directors sincemore...
  • 12/6/12 11:33 am CST
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today announced that it will become a component in the S&P 500 index after the close of trading on Tuesday, December 11. “The S&P 500 index is widely recognized as a bellwether of the American equities market and we are honored to be listed among some of the most recognizable and enduring brands in the world,” said Dr. Min Kaomore...
  • 10/31/12 6:00 am CDT
    Corporate
    SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq: GRMN - news) today announced results for the fiscal quarter ended September 29, 2012. Third Quarter 2012 Financial Summary: Total revenue of $672 million, up 1% from $667 million in third quarter 2011 Automotive/Mobile segment revenue was flat at $384 million Outdoor segment revenue increased 11% to $105more...
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