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Harley-Davidson’s shares tumble on steeper fall in revenues

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Harley-Davidson Inc on Tuesday reported a larger-than-expected decline in its motorcycles revenue hurt by a continuing slide in retail sales in the United States, sending its shares plunging in pre-market trade. The company said revenues at its motorcycles, parts & accessories and general merchandise segment fell an annual 8.5% to $874.1 million in the fourth quarter to end-December from $955.6 million a year ago. Harley's shares were last trading down 7.2% at $32.34 in pre-market trade.

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Harley-Davidson's shares tumble on steeper fall in revenues originally appeared on Autoblog on Tue, 28 Jan 2020 09:15:00 EST. Please see our terms for use of feeds.

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