The results for the first half reflected slight weakness for the company, with motorcycles and related products revenues down ~7% year-over-year, on a 4.7% decline in wholesale motorcycle shipments. However, the iconic motorcycle maker stuck to its year-end shipment guidance of 276,000-281,000 motorcycles, up 2-4% year-over-year. This also meant that the company expected to ship 7-10% more motorcycles to dealers and distributors this year in the next two quarters, compared to a year ago period. ...
Harley-Davidson Earnings Preview: Turnaround In The Latter Half Of The Year?
Forbes - 19 Oct 2015 21:53
The results for the first half reflected slight weakness for the company, with motorcycles and related products revenues down ~7% year-over-year, on a 4.7% decline in wholesale motorcycle shipments. However, the iconic motorcycle maker stuck to its year-end shipment guidance of 276,000-281,000 motorcycles, up 2-4% year-over-year. This also meant that the company expected to ship 7-10% more motorcycles to dealers and distributors this year in the next two quarters, compared to a year ago period. ...
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