logo
Plus   Neg
Share
Email

Harley-Davidson Affirms Full-year 2019 Motorcycle Shipments Outlook

While reporting its financial results for the third quarter, Harley-Davidson, Inc. (HOG) said its worldwide total retail motorcycle sales in the quarter declined 1.2 percent to 58,522 units from 59,226 units in the year-ago period. Motorcycle shipments in the quarter decreased 5.8 percent to 45,837 units from 48,639 units last year.

For full-year 2019, the company continues to expect motorcycle shipments to be approximately 212,000 to 217,000 units. In the fourth quarter, the company expects to ship approximately 38,500 to 43,500 motorcycles.

For the full year, motorcycles segment operating margin as a percent of revenue is expected to be approximately 6 to 7 percent.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Airbnb has introduced few new rules to control parties and nuisances amidst the backlash the service received after the Halloween shooting at an Airbnb rental in a San Francisco. San Francisco-based Airbnb said it is banning "open invite" parties at all of its accommodations. The company is also banning... The U.S. Food and Drug Administration has approved three generic versions of Novartis' Gilenya capsule for treating relapsing forms of multiple sclerosis. "Approving safe and effective generics so patients have more treatment options continues to be a priority for the FDA," said Janet Woodcock, director... Shares of Upscale furniture chain RH (RH) are on a tear, on the heels of an upbeat annual forecast. Today, the stock set a new all-time high of $239.88.The stock is up more than 20% from its Dec 3 opening price of $196.66, and currently trading at $237.8, and nearly three-times its 52-week low of $84.11....
Follow RTT
>