Logitech Outlook: Steady Sales Growth with Buybacks Planned

Logitech International (LOGI) reaffirms its fiscal 2025 outlook, expecting net sales to rise by over 5%. The company announces a $2 billion share buyback strategy over three years, providing a stable investment framework.

Date: 06-03-2025

AI Rating: 6

Financial Outlook Overview

Logitech International (LOGI) has confirmed its financial outlook for fiscal year 2025, projecting net sales between $4.54 billion and $4.57 billion, indicating year-over-year sales growth between 5.4% and 6.4% in US dollars. This outlook also includes an adjusted non-GAAP operating income expectation of $755 million to $770 million. This aligns well with analyst expectations, who anticipate revenues of $4.58 billion.

Fiscal Year 2026 Outlook

For fiscal year 2026, net sales are estimated to be between $4.53 billion and $4.71 billion, suggesting a potential decline of 1% to growth of 3% in US dollars. The anticipated non-GAAP operating income falls within the range of $720 million to $780 million, slightly below analyst estimates of $4.78 billion.

Long-term Growth Projections

Logitech aims to achieve net sales growth of 7% to 10% in the long term, supported by a target non-GAAP gross margin exceeding 40% and non-GAAP operating margin between 15% and 18%. This long-term model suggests a commitment to profitability and operational efficiency.

This analysis shows that Logitech's expectations for fiscal year 2025 appear to meet or exceed expectations, while the outlook for 2026 shows potential challenges. The announced share buyback program may positively influence investor sentiment, as it reflects confidence in stock value and financial management.

Stocks: LOGI