Garmin has just released their Q2 results and happily state
We are very pleased with the results we have delivered thus far, giving us the confidence to raise our full year 2019 revenue and EPS guidance.
To actually increase guidance to analysts for sales/profits is normally good for the share price, perhaps someone can explain this one to me.
Year-on-year change for the six months-to-date show FITNESS sales up by 10% and OUTDOOR sales up by 5%. Normally this blog would associate the former with FORERUNNERS and the latter with FENIX watches but Garmin points to wider successes with TACX (as well as ‘running’) and to strong demand for golf products as well as the Instinct.
Meanwhile, Spotify has noted 29% YY growth on their active user base and have also outperformed the upper ends of the earlier investor guidance. But actual PAYING users was a mere 108 million Premium Subscribers globally (!!) which was in line with midpoint expectations.
Last Updated on 20 January 2026 by the5krunner
My favourite kit and nutrition
- Maurten — the race nutrition trusted by elite athletes. Gels and drink mix engineered to be easy on the stomach.
- Garmin 90-degree charging adapter — the small adapter that keeps your charging cable tidy at the stem. Essential for race day.
- Garmin charging puck — the fastest and most reliable way to top up your Garmin before a session.
- Ravemen FR300 — front light that mounts directly under your Garmin or Wahoo head unit. Keeps your bars clean and your beam pointed where it matters.
- Garmin Varia RTL515 — radar rear light that alerts you to vehicles approaching from behind. Pairs with your Edge or Garmin watch.
- Stryd — the footpod that brings running power to your Garmin. The single most useful running upgrade I have made.
- Favero Assioma Pro RS2 — the power meter pedals most serious cyclists end up choosing. Accurate, easy to move between bikes.
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tfk is the founder and author of the5krunner, an independent endurance sports technology publication. With 20 years of hands-on testing of GPS watches and wearables, and competing in triathlons at an international age-group level, tfk provides in-depth expert analysis of fitness technology for serious athletes and endurance sport competitors. ID
