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Harley-Davidson Shares Fall 10% After Sales Slump, Credit Woes Accelerate

Por: MarketWatch Business October 26, 2023

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Harley on Thursday reported a 20% drop in motorcycle shipments for the third quarter, leading to a 9% drop in revenue for the Harley unit responsible for selling bikes, parts and apparel. That unit posted revenue of $1.3 billion, below the $1.36 billion analysts expected, according to FactSet. Harley's quarterly profit fell to $1.38 a share, topping analysts' expectations by two cents. Rising interest rates and persistently high... + full article



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