Harley-Davidson Inc on Tuesday reported a larger-than-expected decline in its motorcycles revenue hurt by a continuing slide in retail sales in the United States, sending its shares plunging in pre-market trade. The company said revenues at its motorcycles, parts & accessories and general merchandise segment fell an annual 8.5% to $874.1 million in the fourth quarter to end-December from $955.6 million a year ago. Harley’s shares were last trading down 7.2% at $32.34 in pre-market trade. …read more
Source:: Yahoo Finance