Overview
Switzerland computer peripherals maker's preliminary FY26 sales rose 6%, meeting analyst expectations
Adjusted EPS for FY26 rose 19% and beat analyst expectations
Adjusted operating income for FY26 beat analyst expectations
Outlook
Logitech sees Q1 FY27 sales of $1.19 bln to $1.215 bln
Company expects Q1 FY27 non-GAAP operating income of $195 mln to $215 mln
Logitech projects Q1 FY27 sales growth of 4%-6% in US dollars, 2%-4% in constant currency
Result Drivers
GAMING SEGMENT - Co said accelerated growth in Gaming contributed to Q4 and FY26 performance
AMERICAS GROWTH - Co reported a solid return to growth in the Americas region in Q4
COST DISCIPLINE - Co attributed operating margin improvement to cost discipline and agility
Company press release: ID:nBw91bJR7a
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Sales
Meet
$4.84 bln
$4.84 bln (14 Analysts)
FY Adjusted EPS
Beat
$5.78
$5.41 (14 Analysts)
FY EPS
$4.80
FY Adjusted Operating income
Beat
$911 mln
$837.47 mln (12 Analysts)
FY Operating income
$775 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the computer hardware peer group is "buy"
Wall Street's median 12-month price target for Logitech international SA is CHF93.00, about 16% above its May 5 closing price of CHF80.14
The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 16 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)