Harley Davidson reported earnings of $0.11 per share missing analyst’s forecasts of $0.21 per share. Sales fell 21% to $1.12 billion.
The company plans to discontinue its Buell product line and sell its MV Agusta unit, essentially exiting the sport bike market. It expects to book $125 million in one-time costs associated with the moves.
Oct 15 · 10:17:00 AM · Source: CNBC
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by Michael Oliveto
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