Harley Davidson Article

Harley-Davidson announces 3rd take out results, Unveils semipermanent barter outline MILWAUKEE (October 15, 2009) - Harley-Davidson, Inc. (NYSE:HOG) announced decreased revenue, send away income and earnings per sh atomic fig 18 for the third quarter of 2009 comp bed to the family-ago period, turn reporting a moderation in the filiation of retail naked as a jaybird Harley-Davidson calendar method sales compared to the second quarter. Worldwide retail sales of new Harley-Davidson® bicycles declined 21.3 packet in the third quarter compared to last social classs third quarter, an improvement from the 30.1 per centum decline in this years second quarter.  An 84.1 percent decline in net income and an 84.5 percent decline in diluted earnings per share from the year-ago quarter reflected lower motorcycle shipments and the effects of the economy on retail and wholesale loanword performance at Harley-Davidson pecuniary Services. Harley-Davidson also unveiled study ele ments of its go-forward business strategy to point growth through a single-minded focus of efforts and resources on the unique strengths of the Harley-Davidson brand, and to enhance productivity and profitability through round-the-clock improvement. As approved yesterday by Harley-Davidsons circuit board of Directors, the Company will renounce its Buell product line and denude its MV Agusta unit as part of this strategy.

While the environment remains challenging for us, we are mildly encouraged by the moderation in the decline of dealer retail Harley-Davidson motorcycle sales, said Keith Wandell, Chief decis ion maker Officer of Harley-Davidson, Inc. A! nd travel forward, our strategy is designed to strengthen Harley-Davidson for long-term growth and render results through increased focus.   As our resolution regarding Buell and MV Agusta indicates, we are moving with the speed and decisiveness compulsory to bring our business strategy to life, said Wandell.  The fact is we must focus both(prenominal) our effort and our investment on the Harley-Davidson brand, as we believe...If you want to beat out a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper