GMRN’s Fitness segment outperformed with a 28% revenue gain to $428,404,000 from $334,863,000 for the second quarter, flowing down to a 98% jump in operating income to $107,610,000 over $54,458,000. Wearables drove the top line, while the Edge 1050 premium cycling computer launched during the quarter. Meanwhile, Outdoor slipped 2% to $439,872,000 from $448,114,000 on a decline in adventure watches. The quarter saw the Approach Z30 smart ... Log in to view full article.
