(RTTNews) – Logitech Worldwide (LOGI) confirmed its monetary outlook for fiscal 12 months 2025 and offered its outlook for fiscal 12 months 2026. The corporate plans to focus on share buybacks of $2 billion over the following three years, with the board approving a $600 million enhance to the present program efficient finish of March 2025.
Logitech nonetheless expects web gross sales for fiscal 12 months 2025 to be between $4.54 billion and $4.57 billion, representing year-over-year gross sales development of 5.4% and 6.4% in US {dollars}, and 6.2% to 7.1% in fixed forex. Analysts count on the corporate to report revenues of $4.58 billion for fiscal 12 months 2025. Analysts’ estimates sometimes exclude particular objects.
The corporate additionally confirmed its outlook for fiscal 12 months 2025 non-GAAP working earnings at between $755 million and $770 million.
Logitech introduced its outlook for fiscal 12 months 2026, with web gross sales between $4.53 billion and $4.71 billion, representing year-over-year gross sales development of -1% to three% in US {dollars}, and 1% to five% in fixed forex, and non-GAAP working earnings between $720 million and $780 million. Analysts count on the corporate to report revenues of $4.78 billion for fiscal 12 months 2026.
Logitech introduced an up to date long-term mannequin that targets web gross sales development of between 7% and 10%, non-GAAP gross margin of 40% and above, and non-GAAP working margin of between 15% and 18%.
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