Financial

An excellent quarter for Garmin in Outdoor and Fitness

2020-05-02T07:47:00

Garmin’s fitness division had a stellar performance in the first quarter. Revenues in this segment soared by 24 percent to $180.3 million, as the group benefited from the home fitness boom due to the lockdowns in place in many countries. Sales were driven by advanced wearables and Tacx indoor bike ...

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