Thursday, July 19, 2007

Harley-Davidson U.S. sales disappoint, shares fall

(Reuters) - The company called the U.S. results "disappointing" and acknowledged that dealers had resorted to promotions and price cuts that resulted in some bikes selling below suggested prices. Shares fell to their lowest level in nearly four months.




Harley reported a second-quarter profit of $290.5 million, or $1.14 a share, compared with $243.4 million, or 91 cents a share, a year earlier.


Read more at Reuters.com Hot Stocks News

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