GRMN’s fitness segment saw Q1 sales improve 40% to $342,892,000 over $244,721,000 with growth across all categories, led by strong demand in advanced wearables, while operating income soared to $68,133,000 from $10,578,000. The Forerunner 165 running smartwatch debuted in the quarter. The Outdoor segment’s revenue increased 11% to $366,193,000 from $328,662,000, also powered by ... Log in to view full article.
