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Harley-Davidson fourth-quarter profit down

MILWAUKEE -- Harley-Davidson Inc. said Friday its fourth-quarter profit tumbled 26.3 percent due to slumping U.S. motorcycle sales amid a weakening economy, according to the Associated Press.

Harley said its profit for the quarter ended Dec. 31 totaled $186.1 million compared with$252.4 million a year ago. Salesb dropped 7.7 percent to $1.39 billion from $1.50 billion.

Posted by Peter C. T. Elsworth  at 10:02 AM to Motorcycling | Permalink

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