Garmin Ltd. (GRMN) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:01.533 www.garmin.com. 00:00:01.533 -- 00:00:07.160 An archive of the webcast and related transcript will also be available on our website. 00:00:07.160 -- 00:00:10.865 This earnings call includes projections and other forward-looking statements regarding 00:00:10.865 -- 00:00:16.232 Garmin Limited and its business. Any statements regarding our future financial position, 00:00:16.232 -- 00:00:21.579 revenues, segment growth rates, earnings, gross margins, operating margins, future dividends 00:00:21.579 -- 00:00:26.044 or share repurchases, market shares, product introductions, foreign currency, tariff 00:00:26.044 -- 00:00:29.720 impacts, Future demand for our products and plans and objectives are forward-looking 00:00:29.720 -- 00:00:33.768 statements. The forward-looking events and circumstances discussed in this earnings call 00:00:33.768 -- 00:00:38.997 may not occur and actual results could differ materially as a result of risk factors 00:00:38.997 -- 00:00:43.445 affecting Garmin. Information concerning these risk factors is contained in our Form 00:00:43.445 -- 00:00:47.973 10-Q and in our Form 10-K filed with the Securities and Exchange Commission. 00:00:47.973 -- 00:00:52.418 Presenting on behalf of Garmin Limited this morning are Cliff Pimble, President and Chief 00:00:52.418 -- 00:00:56.542 Executive Officer, and Doug Besson, Chief Financial Officer and Treasurer. 00:00:56.542 -- 00:01:00.286 At this time, I would like to turn the call over to Cliff Pimble. 00:01:00.286 -- 00:01:03.049 Thank you, Terry, and good morning, everyone. 00:01:03.049 -- 00:01:07.494 As announced earlier today, Garmin delivered another quarter of outstanding financial 00:01:07.494 -- 00:01:12.579 results with strong growth in consolidated revenue, ope...