Question · Q3 2025
Noah Zetskin asked whether the raised guidance for the Marine segment was due to idiosyncratic factors or an improving end market. He also requested updated thoughts on tariffs.
Answer
President and CEO Cliff Pemble stated that the Marine segment's performance reflects a stabilized, if not improving, end market, particularly in aftermarket, coupled with resilient consumer interest and market share gains across categories like chart plotters, trolling motors, audio, and cartography. Regarding tariffs, he noted the situation has been mostly stable, with short-term adjustments already made, and the company is now focused on longer-term optimizations for an efficient supply chain.
Ask follow-up questions
Fintool can predict
GRMN's earnings beat/miss a week before the call