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

News Snapshot:

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...