Harley-Davidson Q3 2010 income climbs as sales slip
Harley-Davidson's 3rd quarter 2010 financial results are in: income climbs as sales drop. Net income totaled $88.8 million, or 38 cents per share, which compares with income of $26.5 million, or 11 cents per share for the same period last year.
H-D reported a 7.7 percent decrease in motorcycle sales worldwide, including a 9.4 percent decrease in the U.S.
The company posted a net profit of 40 cents per share from continuing operations. Revenue fell 2 percent to $1.09 billion.
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Michael has been riding street motorcycles since 1975. He's owned and ridden everything from Hondas to Harleys with a preference for spirited sport-touring riding.
Michael is a Roadcarvin.com co-founder and serves as chief editor, scribe, staff photographer, and other things.