GRMN’s Fitness segment sales were up 26% to $352,976,000 from $279,875,000 in Q3, driven by growth across all categories, led by strong demand for wearables. Gross margin was up 120 basis points to 54.0%, and operating income tallied $74,614,000, an 83% improvement from the prior year. Segment launches in the quarter included the Venu 3 smartwatch and it expanded its ECG App ... Log in to view full article.
