More on Harley-Davidson's (HOG) Q1: Worldwide sales of motorcycles dropped 9.1% Y/Y to 54,254...

|By:, SA News Editor

More on Harley-Davidson's (HOG) Q1: Worldwide sales of motorcycles dropped 9.1% Y/Y to 54,254 with sales in the U.S. off 12.7%. Despite the drop in revenue, the vibe from H-D is positive as profitability was improved during the quarter, success was seen in broadening sales to first-time customers, and the weather excuse plays. The company expects to ship 259K to 264K motorcycles to dealers and distributors worldwide this year. HOG +1.1% premarket. (PR)