Garmin’s (GRMN) Latest Launch to Aid Fitness Segment Growth

Garmin GRMN recently unveiled the ultimate GPS bike computer Edge 1040 Solar to expand its fitness offerings, which in turn, will strengthen the fitness segment.

Garmin’s fitness segment has been performing poorly so far in 2022 due to declining sales of cycling products, reflecting the normalization of demand from the pandemic-induced demand hike. Notably, the segment generated sales of $220.9 million in the first quarter of 2022, down 28{60e1a6c813211a787c81fd0a868cef0db7af494f0dcfbe9e2612dee1666f43fa} from the year-ago quarter’s level.

GRMN expects its fitness segment to perform moderately in the second half of this year as a result of post-pandemic normalization and benefits from product releases.

Apart from softness in the fitness segment, Garmin is facing the negative impacts of coronavirus-induced supply-chain constraints, high freight costs, increased operating expenses, unfavorable forex and the ongoing Russia-Ukraine war.

Shares of Garmin have been down 24.4{60e1a6c813211a787c81fd0a868cef0db7af494f0dcfbe9e2612dee1666f43fa} in the year-to-date period, lagging the Computer and Technology sector’s decline of 24.2{60e1a6c813211a787c81fd0a868cef0db7af494f0dcfbe9e2612dee1666f43fa}

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Experts reflect on paramedic’s gym death

Missouri police believe that a paramedic died from asphyxiation after being found dead in the early morning of May 24 under a piece of gym equipment.

Emergency service officials have issued a warning after the incident.

“Working out and maintaining a good fitness level is important in fire and EMS, because we do have a physically demanding job,” Dr. Asa Margolis, DO, said. “It can be absolutely, physically demanding. Maintaining good health and fitness is important for injury prevention and longevity”

“Using a spotter, especially on exercises such as squats and bench press is mandatory when lifting heavy,” said Kayla Schmit, human performance specialist assigned to the Frederick County (Maryland) Department of Fire and Rescue.

“Using a spotter, especially on exercises such as squats and bench press is mandatory when lifting heavy,” said Kayla Schmit, human performance specialist assigned to the Frederick County (Maryland) Department of Fire and Rescue. (Photo/Getty Images)

Dr. Margolis, the medical director of the Johns Hopkins Lifeline Critical Care Transport Program; associate medical director, Howard Department of Fire and EMS; associate emergency medicine professor at The Johns Hopkins University School

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Judge Deals Setback To Philips In Fitness Tracker IP Suit

By Jasmin Jackson (June 10, 2022, 8:34 PM EDT) — A California federal judge has invalidated one patent asserted by electronics giant Philips in a suit against rival Garmin International over fitness tracking technology and agreed with Garmin that another patent in the suit wasn’t infringed.

US District Judge Andre Birotte Jr. determined Wednesday in an order partially granting summary judgment to Garmin International Inc. that two claims in a wearable sensor patent held by Philips North America LLC — US Patent No. 9,801,542 — were already described in prior art.

Judge Birotte also held that Garmin’s products hadn’t infringed the sole claim asserted in Philips’ other patent — US Patent…

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