What I see in the chart is increasing sales reducing inventory. The blow out Q4 results are reflective of the idea that the company has a limited ability to increase production capacity and continues to produce improved product lines. Where is the analysis of new model turnover. The really interesting "proof" is the quote from the annual report. My take on that quote means that shareholders should not worry about the company missing out on sales opportunities due to production capacity. Of course he could be right but there seem to be many warrants missing in his line of argument.
Sort by:
Latest | Highest ratedWhere is Garmin Leading Us? [View article]
Garmin: Clearly Something's Not Right [View article]
Garmin: Clearly Something's Not Right [View article]