Harley-Davidson registered a 37 % rise in profits in the second quarter of 2011. Increase in shipment volumes was the main reason for the company shares to reach 81 cents per share, compared to 59 cents per share in 2010. Revenue from motorcycles and related products like helmets, riding jackets, and other biker gear, rose 18% to $1.34 billion in the quarter. Experts say that Harley-Davidson has about 50% of the U.S. motorcycle market, but it has an aging customer base. Tough to decide whether to invest in Harley Stock ( NYSE: HOG).
You are here: Home / Motorcycles / Harley-Davidson / Harley-Davidson – 37% Rise in Profits in the Second Quarter of 2011
Leave a Reply