GRMN’s fast-growing fitness wearable business jumped again in the second quarter, with a 24% top line gain to $225,095,000 from $181,022,000 and 40% higher operating income at $52,548,000 up from $37,487,000. Segment gross margin narrowed 30 basis points to 56.2%. Sales were driven by advanced wearables and cycling, including the launch of the new Edge GPS computer and Varia rearview ... Log in to view full article.