Garmin Fitness Soars, Outdoor Lags in Q2
GRMN’s Fitness segment revenues increased 25% to $756,823,000 from $605,425,000 in the second quarter, driven by broad-based demand for wearables, sending operating income up 40% to $277,039,000 from $197,630,000. New Forerunner 70 and 170 GPS-enabled running smartwatches got a callout, ... Log in to view full article.