---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-000934"
form_type: "8-K"
ticker: "LOGI"
cik: "0001032975"
company_name: "LOGITECH INTERNATIONAL S.A."
filed_at: "2023-01-12T23:59:59+00:00"
generated_at: "2026-06-20T15:48:34.072284+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Logitech warns Q3 sales down 22-23%, slashes FY2023 guidance on macro headwinds

## Summary
- Preliminary Q3 net sales $1.26-1.27B (-22-23% YoY); GAAP operating income $171-176M (-33-35%).
- Non-GAAP operating income $198-203M (-33-34%); operating margin ~15.7-16.0%.
- Full-year FY2023 outlook cut: constant-currency sales growth now -15% to -13% (prior -8% to -4%).
- Full-year non-GAAP operating income expected $550-600M, down from prior $650-750M.
- CEO cites slowdown in enterprise sales, China COVID supply uncertainty as headwinds.

## SEC filing metadata
- accession: 0001628280-23-000934
- form_type: 8-K
- ticker: LOGI
- cik: 0001032975
- company_name: LOGITECH INTERNATIONAL S.A.
- filed_at: 2023-01-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1032975/000162828023000934/0001628280-23-000934-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1032975/000162828023000934/logi-20230111.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-000934
- JSON: https://secwatch.observer/filing/0001628280-23-000934.json
- Plain text: https://secwatch.observer/filing/0001628280-23-000934.txt

## Key facts
- Earnings Releases
  LOGITECH INTERNATIONAL S.A. updated its quarter ended December 31, 2022 guidance (lowered).
  - Period: quarter ended December 31, 2022
  - Guidance: lowered
  - Result: preliminary results
  source text: announced preliminary unaudited financial results ranges for the third quarter of Fiscal Year 2023 ended on December 31, 2022. • Preliminary third quarter net sales are between $1.26 billion and $1.27 billion, down between 22 and 23 percent in US dollars and 17 and 18 percent in constant currency, compared to Q3 of the prior fiscal year. • Preliminary GAAP operating
  evidence_url: https://www.sec.gov/Archives/edgar/data/1032975/000162828023000934/0001628280-23-000934-index.htm
- Earnings Releases
  LOGITECH INTERNATIONAL S.A. updated its quarter ended December 31, 2022 guidance (lowered).
  - Period: quarter ended December 31, 2022
  - Guidance: lowered
  - Result: preliminary results
  source text: Logitech adjusted its Fiscal Year 2023 outlook to between negative 15 percent and negative 13 percent sales growth in constant currency, and between $550 million and $600 million in non-GAAP operating income.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1032975/000162828023000934/0001628280-23-000934-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.