
Garmin just posted one of its strongest quarters in years. The company says it saw “strength in many product categories… including wearables, which were a significant contributor to consolidated growth,” pointing to a surge in demand for its smartwatches and fitness devices.
Garmin’s fitness segment grew 42% year-on-year, driven by what it calls “strong demand for advanced wearables,” with strong interest across its entire range, from entry-level running watches through to high-end multisport watches.