Garmin Fitness Rebounds, but Outdoor Struggles
GRMN’s fitness segment saw Q1 sales rise 11% to $244,721,000 over $220,896,000 on strong demand in advanced wearables, while operating income returned to the eight figures at $10,578,000 after last year’s drop to $580,000. The Forerunner 265 and Forerunner 965 running smartwatches debuted in the quarter. The Outdoor ... Log in to view full article.