Garmin Sustains Strong Gains in Recreation Segments
Strong gains on the top and bottom lines for its fitness and outdoor segments helped propel Garmin to net income of $313,417,000 against $227,866,000 for the 13 weeks ended Sep. 26 on a 19% increase in sales to $1,109,194,000 from $934,383,000. The recreation segments considerably outperformed those numbers with fitness achieving a 75% gain in operating income to ... Log in to view full article.
