Garmin’s post-tariff strategy could include pricier watches and cutbacks

Garmin held its Q1 2025 earnings call this week, and like most other tech brands, it had to address the looming specter of tariffs while boasting about its record-setting profits. And its future plans are illuminating, both for Garmin fans and tech nerds in general. Garmin earned $1.54 billion last quarter, an 11% boost driven mainly by its “Outdoor” and “Auto” segments, with a “record” $330 million operating income. And yet its stocks dipped by about 10% due to this earnings report. Investors seem spooked by Garmin’s tariff outlook, even as the CEO, Cliff Pemble, assured that Garmin isn’t worried…