Why Garmin Left Its Growth Outlook Unchanged
Garmin (NASDAQ: GRMN) stock has been a winner for investors, not only through the pandemic but over the longer term as well. The navigation-device maker has demonstrated a knack for growing sales and profit margins through a wide range of selling conditions -- primarily thanks to a steady drumbeat of hit product releases in areas as diverse as smartwatches and aviation GPS.
The company kept the good times rolling into early 2021 with a first-quarter report that showed robust growth in most of its categories -- including automotive. Let's look at the biggest takeaways from that financial update, which CEO Clifton Pemble and his team discussed in a conference call with analysts.
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Source Fool.com
