Logitech Delivers Highest Retail Sales Growth in Six Years; Profit Hits Nine-Year High
(WorldNews Switzerland)

Logitech Delivers Highest Retail Sales Growth in Six Years; Profit Hits Nine-Year High FY 2017 Retail Sales Grow 14%; Non-GAAP Operating Income Grows 33% NEWARK, Calif. - Apr. 25, 2017 and LAUSANNE, Switzerland, Apr. 26, 2017 - Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the fourth quarter and full year of Fiscal Year 2017. Q4 closed a strong fiscal year with sales for the quarter reaching $496 million. Q4 retail sales grew 17 percent in constant currency, GAAP operating income more than doubled to $22 million and non-GAAP operating income grew 61 percent to $36 million. For the full Fiscal Year 2017, ended March 31, 2017: Retail sales grew 14...