Garmin Glides Through a Tough Quarter

Garmin Glides Through a Tough Quarter

Investors were bracing for some tough operating results from Garmin (NASDAQ: GRMN) for the second-quarter period that captures the most intense economic effects of the pandemic to date. In fact, Garmin's growth wins suggest it could boost sales in some big categories in 2020 while generating lots of cash. Sales in the marine, outdoor, and aviation divisions all slowed, too, but weren't as heavily affected by COVID-19 challenges as investors had feared.