The pandemic reinforced some new consumer trends and accelerated innovation in many businesses, and Garmin (NASDAQ: GRMN) is taking advantage.
Its business rebounded quickly from a second-quarter sales slump amid the pandemic. That recovery came swiftly as interest in outdoor activities and exercise emerged as popular trends. Garmin also introduced products that took advantage of trends like the growing popularity of boating and recreational vehicles (RVs).
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Source Fool.com