Harley-Davidson Takes Another Hit
Shares of Harley-Davidson (NYSE: HOG) closed Tuesday around 3% lower after the American motorcycle maker reported a continued slump in sales in the fourth quarter. There were, however, some signs of improvement during the period, providing a measure of hope.
Still, the story is one of stagnation at best.
Overall sales declined by 1.4% year over year in Q4. The sources of the declines were the United States domestic market, which decreased 3.1%; Canada, which declined 14.1%; and the EMEA, which declined by 2.3%. With strength in Asia, overall international sales improved by a low 0.5% year over year.
Source Fool.com
