GRMN’s Fitness segment grew 16% to $694,328,000 in the third quarter, and operating income improved 19% to $230,634,000 from $193,600,000. Advanced wearables once again drove the top line, led by an updated Cirqa series and the recently announced next-gen Edge cycling computer. Meanwhile, Outdoor ticked up 20% to $597,301,000 from $497,598,000, driven by adventure watches. The quarter saw a refreshed Fenix and the all-new Garmin ... Log in to view full article.
