Garmin Posts Double-Digit Sales Gain in Outdoor, Fitness Units
Fitness division sales growth was up 17% in the fourth quarter to $94.8 million, but fell slightly short of company expectations due to an inability to ship the Forerunner 910XT in time for the Holiday selling season. Garmin is currently filling back orders on the product. Annual fitness division operating income rose 9% to $102.1 ... Log in to view full article.