Net income for the quarter ended Sept. 30 totaled $265 million (EUR185.3 million), or $1.07 per share, compared with a profit of $312.7 million, or $1.20 per share, a year ago. Revenue dropped 5.8 percent to $1.54 billion (EUR1.08 billion) from $1.64 billion last year.
The earnings decline still beat Wall Street projections. Analysts had expected a profit of $1.05 per share on revenue of $1.52 billion (EUR1.06 billion), according to a poll by Thomson Financial. Revenue was slightly above analyst expectations of $1.52 billion.
Worldwide retail sales of Harley-Davidson motorcycles were flat in the quarter, down 0.2 percent. Shipments were down 10.8 percent to 86,535 units, as the company had predicted they would be in September. Domestically, sales were down 2.5 percent, while overseas, Harley's sales were up 8.8 percent.
The German press came to the conclusion that Russia's Zircon missile sea-launched complex represents a real threat to warships of different countries
On January 15, it was reported that the Russian government began to develop sanctions against several officials at the World Anti-Doping Agency (WADA)