GRMN’s fitness segment sales increased 40% to $413,201,000 from $294,642,000 in the second quarter driven by cycling and wearables, and the launch of the new Forerunner 945 LTE GPS running smartwatch. Operating income for the segment jumped 62% to $116,966,000 from $71,981,000. Outdoor segment revenues were up 57% to $323,405,000 from $206,200,000 led by adventure watches, but with broad-based gains across all categories. Garmin released the new Descent Mk2S smartwatch that has ... Log in to view full article.