Latest news with #LogitechInternational
Yahoo
04-08-2025
- Business
- Yahoo
Logitech International First Quarter 2026 Earnings: Beats Expectations
Logitech International (VTX:LOGN) First Quarter 2026 Results Key Financial Results Revenue: US$1.15b (up 5.5% from 1Q 2025). Net income: US$146.0m (up 2.9% from 1Q 2025). Profit margin: 13% (in line with 1Q 2025). EPS: US$0.99 (up from US$0.93 in 1Q 2025). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period Logitech International Revenues and Earnings Beat Expectations Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 24%. Looking ahead, revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Tech industry in Europe. Performance of the market in Switzerland. The company's share price is broadly unchanged from a week ago. Balance Sheet Analysis While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Logitech International's balance sheet and an in-depth analysis of the company's financial position. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
31-07-2025
- Business
- Yahoo
Logitech says production shift out China to reduce tariff impact going well
ZURICH (Reuters) -Logitech International is making good progress on shifting its production lines out of China to reduce the impact of U.S. tariffs on its computer peripherals, Chief Executive Hanneke Faber said on Wednesday The changes were announced in April to lessen the impact of U.S. duties on Chinese imports, which currently amount to 20% and 30% on the mice and keyboards Logitech makes in the country. "We said in April we were at 40% of products bound for the U.S coming from China and by the end of the year we will be at 10%," Faber told Reuters after Logitech reported its Q1 2026 earnings. "We are a little bit better than 30% now, we are well on track," she added. The shift in production lines to Malaysia, Thailand, Vietnam and Taiwan was not leading to any material cost increases, she said. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
31-07-2025
- Business
- Yahoo
Logitech says production shift out China to reduce tariff impact going well
ZURICH (Reuters) -Logitech International is making good progress on shifting its production lines out of China to reduce the impact of U.S. tariffs on its computer peripherals, Chief Executive Hanneke Faber said on Wednesday The changes were announced in April to lessen the impact of U.S. duties on Chinese imports, which currently amount to 20% and 30% on the mice and keyboards Logitech makes in the country. "We said in April we were at 40% of products bound for the U.S coming from China and by the end of the year we will be at 10%," Faber told Reuters after Logitech reported its Q1 2026 earnings. "We are a little bit better than 30% now, we are well on track," she added. The shift in production lines to Malaysia, Thailand, Vietnam and Taiwan was not leading to any material cost increases, she said. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
31-07-2025
- Business
- Yahoo
Logitech beats quarterly estimates, boosted by business demand
By John Revill ZURICH (Reuters) -Logitech International reported better than expected quarterly results on Tuesday, benefiting from increased demand for its computer peripherals from businesses. The Swiss-U.S. company said its non-GAAP operating income rose to $202 million in the three months to the end of June, beating the $167.2 million forecast by analysts in a consensus gathered by Visible Alpha. First-quarter sales increased to $1.15 billion, exceeding expectations of $1.11 billion. Logitech has been experiencing increasing demand for its computer mice, keyboards, audiovisual equipment for meeting rooms and webcams from business users re-equipping their offices. It sells around two-fifths of its products to businesses, schools and hospitals and also has a direct-to-consumer business. "Our growth was driven by our strategic priorities and strong demand. We executed well across all regions - with notably strong performance in Asia Pacific," said CEO Hanneke Faber. Logitech in its shareholder letter posted on Tuesday noted a 120-basis-point drop in first-quarter non-GAAP gross margin year-over-year, attributed to tariffs imposed by the Trump administration as well as elevated promotional costs and other factors. However, it said price hikes in North America and ongoing cost-cutting measures partially mitigated those impacts. Logitech in April said it would raise prices in the United States by around 10% to offset the tariffs. The company has also been investing in shifting production out of China to reduce the impact of increased U.S. import duties. Around 40% of its products that go to the United States are currently produced in China, a figure Logitech is aiming to reduce to 10% by the end of the 2025 calendar year. That will involve switching production lines to Vietnam, Taiwan, Thailand, Malaysia and Mexico, where Logitech has arrangements with contract manufacturers. Logitech said it expects its sales to grow by 3% to 7% in its second quarter to between $1.15 billion and $1.19 billion. It expects non-GAAP operating income in the range of $180 million to $200 million. The company in April withdrew its guidance for its 2026 financial year, which runs to the end of March, citing uncertainty caused by the global trade war. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
30-07-2025
- Business
- Reuters
Logitech says production shift out China to reduce tariff impact going well
ZURICH, July 30 (Reuters) - Logitech International (LOGN.S), opens new tab is making good progress on shifting its production lines out of China to reduce the impact of U.S. tariffs on its computer peripherals, Chief Executive Hanneke Faber said on Wednesday The changes were announced in April to lessen the impact of U.S. duties on Chinese imports, which currently amount to 20% and 30% on the mice and keyboards Logitech makes in the country. "We said in April we were at 40% of products bound for the U.S coming from China and by the end of the year we will be at 10%," Faber told Reuters after Logitech reported its Q1 2026 earnings. "We are a little bit better than 30% now, we are well on track," she added. The shift in production lines to Malaysia, Thailand, Vietnam and Taiwan was not leading to any material cost increases, she said.
