Harley-Davidson Inc posted a stronger-than-expected quarterly profit today, lifted by strong sales growth outside its core North American market. The U.S. motorcycle maker reported first-quarter net income of $265.9 million, or $1.21 a share, up from $224.1 million, or 99 cents a share, a year earlier. Analysts on average had expected the Milwaukee-based company to […]
Harley Magazine News Update: Harley-Davidson Fourth Quarter And Full Year Results Show Strong Growth
January 29, 2013, pre-market opening, Harley-Davidson Inc. (NYSE: HOG) announced a strong fourth-quarter 2012 capping a year of gains in earnings and new retail motorcycle sales. Worldwide retail sales of new Harley-Davidson motorcycles grew 7.5% in the quarter and 6.2% for the full year, compared to the year-ago periods. For the full year, Harley-Davidson income from continuing operations was $623.9 million on consolidated revenue of $5.58 billion, compared to full-year 2011 income from continuing operations of $548.1 million on consolidated revenue of $5.31 billion. Full-year 2012 EPS was $2.72, up 16.7% from EPS of $2.33 in 2011.