Harley-Davidson Profits Fall 79 Percent
Harley-Davidson reported a 79% drop in profits for the last quarter. The motorcycle manufacturer cut prices to boost sales and clear out inventory. Despite the profit decline, shares of the company, ticker HOG, rose by more than 1%. Revenue for the period met analyst estimates.
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Sources · 7 independent
Bloomberg Radio
“Profits tanked 79% at Harley-Davidson last quarter as the motorcycle maker cut prices to boost sales and clear out inventory.”
Tokyo FM
“I'm sorry,”
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