Harley-Davidson third quarter profit falls on slowed sales
[MILWAUKEE] Harley-Davidson Inc on Tuesday posted a lower quarterly net profit as global new motorcycles sales fell more than one per cent.
The Milwaukee-based motorcycle maker reported a net income of US$140.3 million, down about 6.5 per cent from US$150.1 million from a year earlier. Diluted earnings per share were 69 US cents per share in the third quarter the same a year earlier.
Analysts had expected earnings per share for the quarter of 78 US cents per share.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
FAA probes union claims Boeing retaliated against two engineers in 2022
Tesla profits tumble but shares rise on new vehicle plan
Tesla to cut more than 6,000 jobs across Texas, California
French air traffic controller strike threatens flight chaos
Tesla to accelerate launch of cheaper cars after sales miss
Heathrow faces further strike action in May from ground staff