Financial reporting

Garmin’s Q2 revenues hurt by another double-digit drop for fitness

By Bob McGee 2022-07-28T07:47:00

Garmin

Garmin experienced a double-digit decline in revenues from its fitness segment for a second consecutive quarter. That decrease was the primary contributor to an overall 6 percent sales decline to $1.24 billion from nearly $1.33 billion for the period ended June 25. Overall, double-digit sales improvement for its outdoor and ...

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