Logitech reports broad declines as pre-pandemic buying cycles return
One minute you're a peripheral maker chugging along nicely, the next the world can't seem to get enough of Logitech's kit
"This solid first quarter highlights steady progress on many important metrics," said CFO Charles Boynton in a statement."We delivered another quarter of reduced inventory and operating expenses." Logitech reckons it is"making steady progress" in the hunt for a successor to Bracken, who after 10 years running the company left to run VF Corp, maker of Vans sneakers and The North Face line of outdoor clothing.
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