Garmin Outdoor, Fitness Jump Double Digits in Q1
Outdoor segment sales jumped 24% to $144,258,000 from $115,875,000 in the first quarter driven by strong sales of adventure wearables. Gross margin improved to 65%, driving 27% higher operating profit of $43,822,000, up from $34,451,000. The Fitness segment also turned in a solid performance, ... Log in to view full article.
