Tags: US | Earns | Harley | Davidson

Harley-Davidson 1Q Profit Skids 71 Percent

Tuesday, 20 Apr 2010 07:35 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

Harley-Davidson says its first-quarter profit fell 71 percent as the company continues to deal with falling motorcycle sales.

Harley-Davidson CEO Keith Wandell says business conditions will remain challenging throughout the year.

The company says it earned $33.3 million, or 14 cents per share, during the three months ended March 28. That's down from $117.3 million, or 50 cents per share, a year ago.

Excluding losses from discontinued operations, the Milwaukee company made 29 cents per share. Revenue fell 19 percent to $1.04 billion.

Analysts expected profit of 22 cents per share on $1.02 billion in revenue.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Who Wins Senate Control? Nov. 4 Might Not Decide

Sunday, 21 Sep 2014 08:54 AM

A suspenseful election night is one thing, but what if it stretches out for a month? Or into next year?
A handful o . . .

George P. Bush: I'm Not Endorsing Anyone in 2016 Race

Saturday, 20 Sep 2014 18:45 PM

George P. Bush is not endorsing anyone for the White House in 2016, even if his father, former Florida Gov. Jeb Bush, be . . .

House Republicans Hire New Attorney for Obama Lawsuit

Saturday, 20 Sep 2014 17:15 PM

House Republicans Friday signed a contract with a new attorney torepresent them in their lawsuit against President Barac . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved