logo
Share SHARE
FONT-SIZE Plus   Neg

Harley-Davidson Backs 2017 Motorcycle Shipments View

Harley-Davidson Inc. (HOG) said that it continues to anticipate motorcycle shipments for 2017, to be flat to down modestly in comparison to 2016. In the second quarter of 2017, the company expects to ship approximately 80,000 to 85,000 motorcycles.

Harley-Davidson continues to expect full-year 2017 operating and gross margin as a percent of revenue to be approximately in line with 2016.

The company continues to expect that full-year 2017 capital expenditures will be $200 million to $220 million.

The company's long-term strategy through 2027 is focused on objectives to build two million new Harley-Davidson riders in the U.S.; Grow international business to 50 percent of annual volume; Launch 100 new, high-impact motorcycles; deliver superior return on invested capital for Harley-Davidson Motor Company (S&P 500 top 25%); and grow the business without growing its environmental impact.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
President Donald Trump has continued his assault on one of his favorite targets on Wednesday, lashing out at major media outlets in a series of posts on Twitter. Trump singled out the New York Times and the Washington Post in his tweets, describing the newspapers as "fake news." Christoph, born on-board a Spirit flight destined to Dallas from Fort Lauderdale airport, can celebrate all his forthcoming birthdays in life with a free travel on Spirit airline. Blue Apron Holdings Inc. has cut the expected price range for its initial public offering amid worries about the potential impact on the food retail sector of Amazon.com Inc.'s recent deal to buy grocery chain Whole Foods Market Inc. for $13.7 billion.
comments powered by Disqus
Follow RTT