- Logitech (LOGI, Financial) reaffirms FY 2025 financial outlook but withdraws FY 2026 guidance.
- Projected FY 2025 net sales between $4.54 billion and $4.57 billion, with a growth of 5.4% to 6.4% in USD.
- Non-GAAP operating income anticipated between $755 million and $770 million for FY 2025.
Logitech International (NASDAQ: LOGI) has confirmed its financial outlook for fiscal year 2025, expecting net sales between $4.54 billion and $4.57 billion. This projection represents a year-over-year sales growth of 5.4% to 6.4% in US dollars and between 6.2% and 7.1% in constant currency terms.
The company also anticipates non-GAAP operating income in the range of $755 million to $770 million for FY 2025. However, Logitech has withdrawn its financial guidance for fiscal year 2026 due to ongoing uncertainties in the tariff environment, which have raised concerns about potential cost structures and margin pressures.
These developments are significant as they highlight the potential impact of the global trade climate on Logitech's operations. The company utilizes non-GAAP measures and constant currency calculations to provide clearer comparisons of performance across different periods. Logitech's decision to maintain its FY 2025 targets while withdrawing longer-term projections indicates confidence in its near-term strategy but reflects caution in navigating the evolving tariff landscape.
