- February 14, 2026
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The COVID-19 pandemic kneecapped many businesses in certain industries — think restaurants and hospitality — while unexpectedly boosting others. Among the latter are companies that make musical instruments and accessories, which became hot commodities for people stuck at home with time to take up new hobbies. Legendary guitar maker Fender Musical Instruments Corp., for example, saw its sales rise from $600 million in 2019 to more than $700 million in 2020, according to CNBC, and it anticipates a record-breaking year for sales in 2021.