{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-017560","form_type":"8-K","ticker":"GRMN","cik":"0001121788","company_name":"GARMIN LTD","filed_at":"2024-02-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.446114+00:00","generated_at":"2026-06-05T21:41:37.954041+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Garmin reports record FY revenue $5.23B (+8% YoY); Q4 EPS $2.82","bullets":["Q4 revenue $1.48B (+13% YoY); GAAP EPS $2.82, pro forma EPS $1.72 (+27%).","FY 2023 record revenue $5.23B (+8%); GAAP EPS $6.71, pro forma EPS $5.59 (+9%).","Q4 operating income $340M (+27%); gross margin 58.3% vs 57.0% prior year.","Auto OEM Q4 revenue +54%, Fitness +22%; Aviation, Marine, Auto OEM each posted FY record revenue.","Company proposes dividend increase and announces share repurchase program (amounts undisclosed)."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-017560","json":"https://secwatch.observer/filing/0000950170-24-017560.json","markdown":"https://secwatch.observer/filing/0000950170-24-017560.md","text":"https://secwatch.observer/filing/0000950170-24-017560.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1121788/000095017024017560/0000950170-24-017560-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1121788/000095017024017560/grmn-20240221.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T21:41:37.954041+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"65a61910705eeb2caaed055477095d586cb5f23b","claim":"GARMIN LTD reported financial results for the fiscal fourth quarter and fiscal year ended December 30, 2023.","evidence_excerpt":"On February 21, 2024, Garmin Ltd. (“the Company”) issued a press release announcing its financial results for the fiscal fourth quarter and fiscal year ended December 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1121788/000095017024017560/0000950170-24-017560-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal fourth quarter and fiscal year ended December 30, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}