Financial reporting

Garmin thrives thanks to home fitness and cycling boom

2020-07-30T09:51:00

Garmin

Garmin’s fitness division saw revenues for the second quarter soar by 17 percent to $294.6 million, as the group benefited from the popularity of home fitness during lockdowns, with advanced wearables and Tacx indoor bike trainers doing well. With the easing of restrictions in May, cycling products proved very popular. ...

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