04.119.2016 - Logitech Delivers Best Annual Retail Sales Growth in Five Years

Dateline City: NEWARK, Calif. & LAUSANNE, Switzerland FY 2016 Retail Sales Grow 9 Percent in Constant Currency and Profitability Beats Expectations; FY 2017 Outlook Confirmed NEWARK, Calif. & LAUSANNE, Switzerland--(BUSINESS WIRE)--Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced financial results for the fourth quarter and full year of Fiscal Year 2016. Q4 closed a strong fiscal year with sales for the quarter reaching $431 million. Q4 retail sales (total sales excluding OEM and Lifesize) grew 6 percent in constant currency, GAAP operating income was $10 million and non-GAAP operating income was $22 million. For the full Fiscal Year 2016, ended March 31, 2016: Language: English Contact: Logitech InternationalJoe GreenhalghVice President, Investor Relations - USA510-713-4430orKrista ToddVice President, External Communications - USA510-713-5834orBen StarkieCorporate Communications - Europe+41-(0) 79-292-3499 Ticker Slug: Ticker: LOGN Exchange: SWX Ticker: LOGI Exchange: NASDAQ read more - View Press Release - Visit Logitech, Inc.