Bike producer Harley-Davidson (NYSE: HOG) Thursday reported a pointy fall in gross sales and web revenue for the third quarter of 2024 amid weak demand.
Consolidated web earnings declined to $119 million or $0.91 per share within the September quarter from $199 million or $1.38 per share within the comparable interval of final 12 months.
The underside line was negatively impacted by a 26% fall in whole revenues to $1.15 billion in the course of the three months. There was a 39% fall in bike cargo items.
