Press Releases

Apr 25, 2017 Logitech Delivers Highest Retail Sales Growth in Six Years; Profit Hits Nine-Year High
FY 2017 Retail Sales Grow 14%; Non-GAAP Operating Income Grows 33% Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced financial results for the fourth quarter and full year of Fiscal Year 2017. Q4 closed a strong fiscal year with sales for the quarter reaching $496 million . Q4 retail sales grew 17 percent in constant currency, GAAP operating income more than doubled to $22 million and non-GAAP operating income grew 61 percent to $36 million . For the full Fiscal Year 2017, ended March 31, 2017: Retail sales grew 14 percent in constant currency, the highest annual retail sales growth in six years. Retail sales grew 13 percent in USD; also a six-year high. Sales were $2.21 billion , up 9 percent in USD compared to the prior year, which still included OEM sales, the business the Company exited in Q3 of the prior fiscal year. GAAP operating income grew 53 percent to $197 million - the highest in nine years - compared to $129 million a year ago. GAAP earnings per share (EPS)...
Apr 24, 2017 Logitech’s 2014 Share Buyback Program Expires; Company to Enter New Program
Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced that, as of April 24, 2017 , the Company’s three-year share buyback program, initiated in April 2014 , expired. During the three years of the 2014 share buyback program, the Company repurchased 9,112,417 of its shares. Details of Logitech's share repurchase history can be found on the Company's website at http://ir.logitech.com . In March 2017, the Company’s Board of Directors approved a new 2017 share buyback program, which authorizes the Company to use up to $250 million to repurchase its shares. The new program, communicated at Logitech’s Analyst and Investor Day last month, is expected to begin in May 2017, following approval from the Swiss Takeover Board. About Logitech Logitech designs products that have an everyday place in people's lives, connecting them to the digital experiences they care about. More than 35 years ago, Logitech started connecting people through computers, and now it’s a multi-brand company...
Apr 24, 2017 Logitech Partners with TED to Inspire Better Presenters with the Spotlight Presentation Academy
Worldwide Search is Underway for 15 Aspiring Storytellers Who Want to Improve their Skills and get Coached by the Best Today Logitech (SIX:LOGN) (NASDAQ:LOGI) announced the launch of the exclusive Spotlight Presentation Academy, a one-day bootcamp created with TED dedicated to giving 15 aspiring storytellers the confidence to crush every presentation. Armed with TED’s preferred remote, the Logitech® Spotlight™ Presentation Remote, attendees can sharpen their presentation skills, work with Logitech’s latest presentation tool, and even try their hand at presenting a mock TED Talk on the stage at TED’s New York headquarters. Tweet now : Want to present like never before? Today, @Logitech and @TED launched #SpotlightAcademy. Submit your app: Logitech.com/SpotlightAcademy “Public speaking is a well known fear for many of us — in fact, people are often more afraid of public speaking than they are of heights or even death!” said Bracken Darrell, CEO of Logitech. “But public speaking can be...

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April 26, 2017 Q4 Fiscal Year 2017 Financial Results