American Brands Issue Latest Sales Reports
American Brands Issue Latest Sales Reports Harley-Davidson and Indian motorcycle companies both issued their 2018 earnings statements last week, and their reports were a mixed bag. Harley’s statement showed sales down 10.2 percent in 2018 and down 6.1 percent worldwide, and their 4th-quarter profit was less than half a million dollars, compared to $8.3 million a year before. Polaris, the owner of Indian Motorcycle, also posted 4th quarter sales drops in their motorcycle division to the tune of 15 percent, mostly due to the plummeting sales of their three-wheeled Slingshot roadster. Their Indian sales were a bit more encouraging,…continue reading