Garmin Profits Up (despite SatNav chaos)
It may be a bit hard to fathom since TomTom saw losses based on lower margins that Garmin saw profit increase on what? Higher margins! “Garmin Ltd.‘s (GRMN) third-quarter profit rose 26% as improved margins more than offset a moderate decline in revenue.”
The stock is up 64% this year.
- WSJ
by Adena Schutzberg on 11/04 at 07:48 AM |
Comments |
