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Logitech CEO says global consumer confidence holding up

by October 22, 2024
written by October 22, 2024

ZURICH (Reuters) – Logitech (NASDAQ:LOGI) International expects consumer confidence to remain robust as the computer keyboard and mouse-maker heads into its pre Christmas quarter, Chief Executive Hanneke Faber said on Tuesday.

“We are ready for the holidays, and we think the global consumer will show resilience,” Faber told Reuters after Logitech posted its latest results.

“Markets should be up low single digits,” she added, referring to the October-December period which is traditionally Logitech’s biggest sales period of the year.

Gaming products such as specialised keyboards, headsets and controllers were likely to be the stronger category for Logitech, she added, and would likely grow faster than items designed for work.

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