Harley-Davidson forced to cut number of shipments after falling quarter Unlisted Video
4 years ago
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Harley-Davidson Inc cut the expected number for shipments of its motorcycles in 2019. According to Reuters, worldwide sales in the second quarter fell, hurt by higher tariff costs. How much profit the company makes per dollar of sales after accounting for production costs was also down. The revised outlook led to a 4 percent fall in the company’s stock price. The company now expects to ship about 212,000 to 217,000 bikes, compared to 217,000 to 222,000.
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