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Garmin named official running watch sponsor of Under Armour's Mission Run professional running teams

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Garmin has announced a partnership as the official running watch sponsor for Under Armour's Mission Run professional teams, which include elite athletes and coaches. The Forerunner 955 GPS smartwatch will be utilized to track performance metrics and monitor health stats. Key figures involved include coach Stephen Haas and notable athletes such as Sharon Lokedi. The smartwatch boasts up to 15 days of battery life, advanced performance tracking features, and will be complemented by the Garmin Clipboard Coaching app for comprehensive training analytics.

Positive
  • Garmin's partnership with Under Armour enhances brand visibility among elite athletes.
  • The Forerunner 955 offers advanced features that will likely attract more customers.
  • The collaboration may lead to increased sales and market share in the athletic wearables sector.
Negative
  • None.

Athletes will use Garmin's flagship Forerunner 955 GPS running smartwatch to track performance metrics, receive training guidance and monitor health and wellness stats around the clock

OLATHE, Kan., Dec. 1, 2022 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced an agreement to become the official running watch sponsor of Under Armour's Mission Run professional running teams: Dark Sky Distance, Baltimore Distance and Baltimore 800m.

"Under Armour's Mission Run teams are full of talented athletes and we are excited to welcome them to the Garmin family," said Susan Lyman, Garmin vice president of global consumer marketing. "Whether training or racing, our state-of-the-art running smartwatches are trusted by runners of all levels and are packed with features that will help prepare these elite athletes and coaches for competition."

Under Armour's Mission Run professional running teams are comprised of 34 professional, world-class athletes and coaches, including head coach Stephen Haas, New York City Marathon winner Sharon Lokedi, US Road 5K champion Weini Kelati and indoor 4x800m world record holder Charlene Lipsey.

"We are excited to use Garmin's industry-leading technologies to advance our training further," said Stephen Hass, Under Armour Mission Run Dark Sky Distance head coach. "By utilizing more precise data science and analytics, we're learning how to optimize volume, conditioning, and recovery to ensure our athletes perform at the highest levels possible."

Under Armour's Mission Run athletes and coaches will use Garmin's newest running smartwatch, the Forerunner® 955, to train for competition. The lightweight GPS smartwatch features up to 15 days of battery life in smartwatch mode. It tracks advanced performance metrics, real-time stamina during a workout and more while also providing a daily morning report, training readiness score, heart rate variability (HRV) status and advanced wellness features. The teams will also use the Garmin Clipboard™ Coaching app – a free, all-in-one solution where coaches can review and compare their team's stats, track performance trends and more from a compatible smart device.

Engineered on the inside for life on the outside, Garmin products have revolutionized life for runners, cyclists, swimmers and athletes of all levels and abilities. Committed to developing technology that helps people stay active and elevate performance, Garmin believes every day is an opportunity to innovate and a chance to beat yesterday. For more information, visit Garmin's virtual Newsroom, email our press team, connect with @garminrunning on social media, or follow our adventures at garmin.com/blog.

About Garmin International, Inc. Garmin International, Inc. is a subsidiary of Garmin Ltd. (NYSE: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin and Forerunner are registered trademarks and Garmin Clipboard is a trademark of Garmin Ltd. or its subsidiaries.

All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.

Notice on Forward-Looking Statements:
This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 25, 2021, filed by Garmin with the Securities and Exchange Commission (Commission file number 0001-411180). A copy of such Form 10-K is available at http://www.garmin.com/aboutGarmin/invRelations/finReports.html. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Stephanie Schultz
913-397-8200
media.relations@garmin.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/garmin-named-official-running-watch-sponsor-of-under-armours-mission-run-professional-running-teams-301691001.html

SOURCE Garmin Ltd.

FAQ

What smartwatch will Under Armour's Mission Run teams use?

The teams will use Garmin's Forerunner 955 GPS running smartwatch.

When was the Garmin and Under Armour agreement announced?

The agreement was announced on December 1, 2022.

What are the features of Garmin's Forerunner 955 smartwatch?

The Forerunner 955 features up to 15 days of battery life, advanced performance metrics, and health monitoring capabilities.

Who are some athletes involved in Under Armour's Mission Run teams?

Notable athletes include Sharon Lokedi and Weini Kelati.

How might the partnership affect Garmin's stock (GRMN)?

The partnership could positively influence Garmin's stock by increasing brand visibility and sales in the athletic market.

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