Logitech Q4 sales plunge 22% as economic downturn worries weigh

FILE PHOTO: Logitech keyboards and mouse are seen in the computer shop in Zenica, Bosnia and Herzegovina October 20, 2020. REUTERS/Dado Ruvic/File Photo

(Reuters) - Logitech International posted a 22% drop in fourth-quarter sales on Tuesday, as growing worries of an economic downturn continue to hinder the computer peripherals maker from maintaining the growth experienced during the pandemic.

The Swiss company said its sales for the three months to March-end fell to $960 million, compared with $1.23 billion in the year-ago period.