Logitech posts best retail sales growth since 2010

Logitech smashes sales targets, claiming largest retail growth since 2010 and a sales figure of $540 million

By: Chris Smith | Business, Financial & Legal News | Posted: Oct 22, 2015 6:27 pm

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As part of Logitech's second quarter Fiscal Year 2016 report they announced some stellar results, claiming to have acheived the best retail sales growth since 2010.

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With Q2 sales being a total of $540 million, Logitech marked a two percent rise compared to last year, matched with a Q2 non-GAAP operating income of $42 million, showing a retail sales performance rise of 12 percent overall.

Logitech president and CEO Bracken P. Darrell is happy with these results, elaborating that his company saw a 9 percent rise in sales though the American market, 7 percent in EMEA and a massive 26 percent in Asia Pacific. In addition to this, Darrell pinpointed that Logitech saw "Gaming, Video Collaboration and Mobile Speakers" all growing by a massive 50 percent each.