Logitech Smashes Earnings Expectations and Boosts Guidance. The Stock Jumps.
Sales fall 8% from a year earlier to $1.06 billion, but still exceed analysts' estimates.
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Sales fall 8% from a year earlier to $1.06 billion, but still exceed analysts' estimates.
:Logitech International lifted its full-year guidance on Tuesday after the computer keyboard and webcam maker increased profit and slowed the rate of its sales downturn during its second quarter ended Sept. 30.The Swiss-American company, which experienced a strong pandemic as people stocked up on its equipmen
Logitech shares spiked after the PC equipment supplier reported profit soared and it raised its guidance on lower expenses.
Vans and The North Face parent VF Corp. said Monday it appointed former Nike Inc. President Trevor Edwards to its board.
VF Corporation has named Trevor Edwards, the prominent and controversial former Nike president, to its board of directors.