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.
Russian Foreign Minister Sergei Lavrov stated that Vladimir Putin and Donald Trump, as well as the military of the two countries, will never let a military confrontation spark, but...
An attack is under way against the truth-seeking social media practising data democracy. What is unacceptable is that the liars accuse the truthseekers of lying
On April 20, Russian Foreign Minister Sergei Lavrov confirmed that Russia could supply air defense systems to Syria