Views Article – Sharenet Wealth

Forex, News

Harley-Davidson reports lower quarterly profit as tariffs bite

CHICAGO, July 23 (Reuters) – Harley-Davidson Inc reported a 19.3% fall in quarterly profits on Tuesday, hurt by higher-tariff costs as well as a continued slide in sales in the United States.

The company said its net income fell to $195.63 million, or $1.23 per share, in the second quarter ended June 30 from $242.34 million, or $1.45 per share, a year earlier. (Reporting by Rajesh Kumar Singh Editing by Nick Zieminski)

© 2019 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.
Array ( )