earnings
confidence high
sentiment neutral
materiality 0.80
Logitech Q1 FY27 sales up 7% to $1.23B; supplier incident may hit Q3 sales up to $200M
LOGITECH INTERNATIONAL S.A.
- GAAP EPS $1.63 (+66% YoY); Non-GAAP EPS $1.85 (+47% YoY); includes $61M tariff refunds.
- GAAP operating income $259M (+60% YoY); Non-GAAP OI $290M (+44% YoY).
- Q2 FY27 outlook: sales $1,185-1,220M (0-3% growth); Non-GAAP OI $185-210M.
- Semiconductor supplier incident (late June) may reduce Q2 sales by ~$20M and Q3 by up to $200M; expected largely resolved by Q4.
- Full-year non-GAAP operating margin expected near high end of 15-18% target range.