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0 0.014216575922565 0.00574712643678154 -0.00574712643678154 0.0356926799758016 0.0556563823351481 0.0586811857229279 0.0653357531760435
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Harley-Davidson reports 19.3-per-cent fall in second-quarter profit as tariffs bite [Toronto Globe and Mail (Ontario, Canada)]

Harley-Davidson, Inc. (HOG) 
Last harley-davidson, inc. earnings: 4/28 06:50 am Check Earnings Report
Harley-Davidson reports 19.3-per-cent fall in second-quarter profit as tariffs bite Harley-Davidson Inc on Tuesday trimmed the forecast for shipments of its motorcycles in 219 after worldwide sales in the second quarter slumped, hurt by higher tariff costs as well as weak demand in the United States. Operating margin in the motorcycles segment, or how much profit the company makes per dollar of sales after accounting for production costs, was also revised down. The revised outlook led to a 4 per cent fall in the company’s stock price in premarket trade. Story continues below advertisement The Milwaukee, Wisconsin-based company now expects to ship about 212, to 217, bikes in 219. This compares with the company’s original estimate of 217, to 222, bikes for the year. Operating margin as a per cent of motorcycle revenue is projected to be about 6 per cent to 7 per cent this year, lower than the 8. per cent to 9. per cent estimated earlier. Harley’s challenges in the United States, which a Show less Read more
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