Garmin Ltd. (GRMN) Q1 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.576 Hello, everyone. Thank you for joining us and welcome to the Garmin Limited first quarter 00:00:04.576 -- 00:00:09.861 2026 earnings call. After today's prepared remarks, we will host a question 00:00:09.861 -- 00:00:14.586 and answer session. If you would like to ask a question, please press star one to raise 00:00:14.586 -- 00:00:18.911 your hand. To withdraw your question, press star one again. 00:00:18.911 -- 00:00:23.276 I will now hand the conference over to Terry Sec, Director of Investor Relations. 00:00:23.276 -- 00:00:25.259 Terry, please go ahead. 00:00:25.259 -- 00:00:29.446 Good morning. We'd like to welcome you to Garmin Limited's first quarter 2026 earnings 00:00:29.446 -- 00:00:33.272 call. Please note that the earnings press release and related slides are available at 00:00:33.272 -- 00:00:38.139 Garmin's investor relations site on the internet at www.garmin.com. 00:00:38.139 -- 00:00:43.788 An archive of the webcast and related transcript will also be available on our website. 00:00:43.788 -- 00:00:48.436 This earnings call includes projections and other forward-looking statements regarding 00:00:48.436 -- 00:00:53.445 Garmin Limited and its business. Any statements regarding our future financial position, 00:00:53.445 -- 00:00:58.094 revenues, segment growth rates, earnings, gross margins, operating margins, future dividends 00:00:58.094 -- 00:01:02.862 or share purchases, market shares, product introductions, foreign currency, tariff impacts, 00:01:02.862 -- 00:01:07.210 future demand for our products and plans, and objectives are forward-looking statements. 00:01:07.210 -- 00:01:11.054 The forward-looking events and circumstances discussed in this earnings call may not 00:01:11.054 -- 00:01:15.778 occur and act...