Garmin Doesn't Disappoint in Q2

·3 min read
Garmin Doesn't Disappoint in Q2

Investors were hoping for good news from Garmin (NASDAQ: GRMN) in its fiscal second-quarter results, and they weren't disappointed. On Wednesday, the navigation device giant reported surging demand across its portfolio, which convinced management to issue a head-turning upgrade for the full-year outlook. Sales accelerated from the prior quarter's 25% growth even as Garmin lapped some of the stronger demand rebounds of the pandemic.

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