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I Had Not Heard That Garmin Had Been Embezzled To The Tune Of $1.2 Million!

by Anura Guruge


Click to access “Kansas City Star” coverage.


Click to access “Kansas City Business Journal” coverage.


Yikes. I had NOT heard of this and I, in addition to owning a fair amount of Garmin, am an actual Garmin shareholder (and I own a respectable amount of shares (enough to write multiple option contracts)). I only came across it when I was researching the new Actigraph partnership.

Garmin is a BILLION dollar company so this is not that huge, but it is significant. They probably have to sell 6,000 Garmin Fenix 5s to make a $1.2 million profit.

Rather embarrassing.

Just factor this in the next time you try to contact Garmin support.


Related posts:
Search ‘Garmin’.


by Anura Guruge

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About Anura Guruge

See 'The Blogger' on my https://nhlifefree.com/ blog.

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