Harley-Davidson Q3 results beat analysts’ expectations
8 Articles
8 Articles
Harley-Davidson’s third-quarter profit rises
(Reuters) -Harley-Davidson reported a higher third-quarter profit on Tuesday, helped by cost-saving measures and strong margins from its custom touring models. Shares of the storied motorcycle maker rose about 1% in premarket trade. Consumers rethinking their purchases have led to lower demand for leisure vehicles in the U.S., with inflationary headwinds and tariffs adding to the strain. However, Harley has employed several cost-saving measures …
Harley-Davidson reports sales decline, welcomes new CEO amid challenging timesHarley-Davidson reported a 6% decline in global retail sales and revenue to $1.34 billion in the third quarter. New CEO Artie Starrs took the helm on Oct. 1 amid these challenges.
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