Garmin (GRMN) disputes a bullish story in Friday's DigiTimes that claimed holiday sales were...

|About: Garmin Ltd. (GRMN)|By:, SA News Editor

Garmin (GRMN) disputes a bullish story in Friday's DigiTimes that claimed holiday sales were outdoing expectations. "Black Friday sales from our customers were what we expected... However, the December sales environment is weaker, which we attribute to our retail customers’ desire to exit the year with lower levels of inventory." Shares -1.4%.