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Top related persons:
Harley - 2 Bianca Flowers - 2 Davidson - 1 Andrew Kelly - 1 hasn't - 1 Baird - 1 Kannaki - 1 Sriraj Kalluvila - 1
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Bengaluru Chicago Queens , New York City U.S North America York Pennsylvania
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Davidson - 2 Harley - 2 Thomson - 2 REUTERS - 1 Polaris Inc - 1 Global - 1 Davidson Inc - 1 . Company - 1

Search resuls for: "Bianca Flowers Kannaki Deka"


2 mentions found


☆ Harley-Davidson profit slumps on sluggish demand
  + stars: | 2023-10-26 | by ( Bianca Flowers Kannaki Deka | Bianca Flowers | Kannaki Deka | ) www.reuters.com   time to read: +2 min
[1/4] Harley-Davidson motorcycles are seen at a dealership in Queens, New York City, U.S., February 7, 2022. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsCompanies Harley-Davidson Inc FollowOct 26 (Reuters) - Harley-Davidson Inc (HOG.N) on Thursday reported a 24% fall in third-quarter profit as customers cut back on discretionary spending due to higher borrowing costs and inflationary pressures. Harley has maintained margin growth through its wealthier customer base, but hasn't been as successful in luring younger riders. Sales from motorcycles and related products fell about 9% to $1.30 billion in the quarter ended Sept. 30. Earnings per share tracked by analysts came in at $1.38 per share in the third-quarter, slightly above expectations of $1.36.
Persons: Harley, Davidson, Andrew Kelly, hasn't, Baird, Kannaki, Bianca Flowers, Sriraj Kalluvila Organizations: REUTERS, Davidson, Harley, Polaris Inc, Global, Thomson Locations: Queens , New York City, U.S, North America, Bengaluru, Chicago
☆ Harley-Davidson profit skids, outlook revised on production halt
  + stars: | 2023-07-27 | by ( Bianca Flowers Kannaki Deka | Bianca Flowers | Kannaki Deka | ) www.reuters.com   time to read: +2 min
Companies Harley-Davidson Inc FollowJuly 27 (Reuters) - Harley-Davidson Inc. (HOG.N) revised its sales outlook for the year after profit fell 17.5% in the second quarter as a suspension of production hit motorcycle shipments, the company said on Thursday. The 120-year old manufacturer revised its full-year revenue target and is anticipating sales growth of flat to 3% from its previous forecast of 4-7%. Net profit fell to $178 million, or $1.22 per share, in the second quarter, from $215.9 million, or $1.46 per share, a year earlier. Sales from motorcycles and related products fell about 4.4% to $1.19 billion in the quarter, which ended June 30. The company's financial services division saw a 19% increase in revenue growth but operating income was down 31% from the year prior.
Persons: Harley, Bianca Flowers, Sriraj, Conor Humphries Organizations: Davidson, Harley, Davidson Inc, . Company, Thomson Locations: York, Pennsylvania, Chicago, Bengaluru
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