Logitech posts Q2 FY2027 beat, returns $406 M, but warns of Q3 sales decline
+1 new source since this summary was written
Logitech International reported second‑quarter FY2027 net sales of $1.22 billion, up 3 % in U.S. dollars and 2 % in constant currency. GAAP earnings per share were $1.25, while non‑GAAP EPS reached $1.51. The company returned $406 million to shareholders and forecast Q3 net sales to fall 5 % to flat year‑over‑year, citing a semiconductor supplier incident that could shave $70‑$80 million from sales.
Why it matters
The Q3 sales outlook signals a near‑term revenue dip and potential margin pressure, which may weigh on the stock despite the Q2 beat. The $406 million cash return shows continued shareholder support but may be offset by the expected decline in earnings.
Key facts
- 1Q2 net sales were $1.22 billion, up 3 % in U.S. dollars and 2 % in constant currency. stocktitan.net
- 2GAAP EPS was $1.25, up 9 % year‑over‑year. stocktitan.net
- 3Non‑GAAP EPS was $1.51. stocktitan.net
- 4GAAP gross margin was 44.9 % (up 150 basis points). stocktitan.net
- 5Non‑GAAP gross margin was 45.2 % (up 140 basis points). stocktitan.net
- 6The company returned $406 million to shareholders through dividend and share repurchases. stocktitan.net
Summary written by AlphAI AI Desk from 11 of 11 sources. Not investment advice. Figures are as stated by the linked sources.