"Logitech CEO Foresees Gradual Sales Growth Amid External Challenges"
Originally Published 1 year ago — by CNBC
Logitech CEO Hanneke Faber discussed the company's cautious outlook on sales growth due to external headwinds such as uneven GDP growth, inflation, and smaller corporate IT budgets, despite reporting higher-than-expected sales and an increased full year outlook. The company's stock fell by 11.54% following the report, but Faber remains optimistic about the long-term prospects, particularly in the gaming sector.