Garmin Ltd. And Subsidiaries |
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Net Sales, Gross Profit and Operating Income by Segment (Unaudited) |
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(In thousands) |
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Auto |
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Fitness |
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Outdoor |
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Aviation |
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Marine |
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Total
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Consumer
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Auto
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Total |
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| 13-Weeks Ended December 26, 2020 |
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| Net sales |
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$ |
470,811 |
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$ |
411,935 |
|
|
$ |
156,969 |
|
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$ |
171,579 |
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$ |
140,111 |
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$ |
78,552 |
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$ |
61,559 |
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$ |
1,351,405 |
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| Gross profit |
|
|
250,603 |
|
|
|
270,627 |
|
|
|
114,237 |
|
|
|
96,347 |
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|
|
59,169 |
|
|
|
41,516 |
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|
|
17,653 |
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|
|
790,983 |
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| Operating income |
|
|
128,809 |
|
|
|
179,028 |
|
|
|
33,718 |
|
|
|
41,530 |
|
|
|
(11,819 |
) |
|
|
15,836 |
|
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|
(27,655 |
) |
|
|
371,266 |
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| 13-Weeks Ended December 28, 2019 |
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| Net sales |
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$ |
372,520 |
|
|
$ |
294,819 |
|
|
$ |
193,143 |
|
|
$ |
115,779 |
|
|
$ |
125,972 |
|
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$ |
88,868 |
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$ |
37,104 |
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$ |
1,102,233 |
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| Gross profit |
|
|
179,799 |
|
|
|
194,601 |
|
|
|
137,537 |
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|
|
68,935 |
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|
58,584 |
|
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|
41,945 |
|
|
|
16,639 |
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|
|
639,456 |
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| Operating income |
|
|
73,490 |
|
|
|
115,701 |
|
|
|
62,778 |
|
|
|
21,663 |
|
|
|
2,891 |
|
|
|
14,788 |
|
|
|
(11,897 |
) |
|
|
276,523 |
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| 52-Weeks Ended December 26, 2020 |
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| Net sales |
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$ |
1,317,498 |
|
|
$ |
1,128,081 |
|
|
$ |
622,820 |
|
|
$ |
657,848 |
|
|
$ |
460,326 |
|
|
$ |
275,493 |
|
|
$ |
184,833 |
|
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$ |
4,186,573 |
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| Gross profit |
|
|
697,539 |
|
|
|
739,777 |
|
|
|
453,008 |
|
|
|
384,450 |
|
|
|
206,562 |
|
|
|
139,864 |
|
|
|
66,698 |
|
|
|
2,481,336 |
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| Operating income |
|
|
318,884 |
|
|
|
441,085 |
|
|
|
137,203 |
|
|
|
175,724 |
|
|
|
(18,656 |
) |
|
|
41,464 |
|
|
|
(60,120 |
) |
|
|
1,054,240 |
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| 52-Weeks Ended December 28, 2019 |
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| Net sales |
|
$ |
1,047,527 |
|
|
$ |
917,567 |
|
|
$ |
735,458 |
|
|
$ |
508,850 |
|
|
$ |
548,103 |
|
|
$ |
365,511 |
|
|
$ |
182,592 |
|
|
$ |
3,757,505 |
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| Gross profit |
|
|
532,604 |
|
|
|
598,443 |
|
|
|
543,385 |
|
|
|
302,949 |
|
|
|
256,595 |
|
|
|
172,218 |
|
|
|
84,377 |
|
|
|
2,233,976 |
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| Operating income |
|
|
191,858 |
|
|
|
334,041 |
|
|
|
252,943 |
|
|
|
109,876 |
|
|
|
56,868 |
|
|
|
63,299 |
|
|
|
(6,431 |
) |
|
|
945,586 |
|
| Garmin Ltd. And Subsidiaries |
|||||||||||||||||||||||
| Net Sales by Geography (Unaudited) |
|||||||||||||||||||||||
| (In thousands) |
|||||||||||||||||||||||
|
|
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|
|
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|
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|
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|
|
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|
|
|
|
|
|
|
|
|
|
|
13-Weeks Ended |
|
|
52-Weeks Ended |
||||||||||||||||||
|
|
|
December 26, |
|
|
December 28, |
|
|
YoY |
|
|
December 26, |
|
|
December 28, |
|
|
YoY |
||||||
|
|
|
2020 |
|
|
2019 |
|
|
Change |
|
|
2020 |
|
|
2019 |
|
|
Change |
||||||
| Net sales |
|
$ |
1,351,405 |
|
|
$ |
1,102,233 |
|
|
23% |
|
|
$ |
4,186,573 |
|
|
$ |
3,757,505 |
|
|
11% |
||
| Americas |
|
|
595,720 |
|
|
|
528,362 |
|
|
13% |
|
|
|
1,968,080 |
|
|
|
1,817,770 |
|
|
8% |
||
| EMEA |
|
|
536,822 |
|
|
|
407,908 |
|
|
32% |
|
|
|
1,579,749 |
|
|
|
1,350,533 |
|
|
17% |
||
| APAC |
|
|
218,863 |
|
|
|
165,963 |
|
|
32% |
|
|
|
638,744 |
|
|
|
589,202 |
|
|
8% |
||
|
|
|
|
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|
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|
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|
|
|
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|
|
|
|
|
|
|
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|
|
| EMEA - Europe, Middle East and Africa |
|||||||||||||||||||||||
| APAC - Asia Pacific and Australian Continent |
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