Harley’s second-quarter shows revenue down by 53%

 Harley’s second-quarter shows revenue down by 53%

Further to what we have been talking about Harley- Davidson has once again suffered the loss.

Second-quarter loss is due to the motorcycle sales getting hit by COVID-19 pandemic.

For second-quarter from June  Harley Davidson, yesterday reported a loss of 60 cents per share. Compared to what Analysts had predicated on an average of 4 cents compared to a profit of $1.23 per share.

Revenue from the Motorcycles and Related Products segment was down by 53% YoY to $669 in the second quarter of 2020 

 Source: IBES data from Refinitiv and HD


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Akash Dolas

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