Damn Harleys are sellin' like HOT CAKES here! Rushmore?
A few days ago, HD stock did well too!
(4/2014) NEW YORK (TheStreet) -- Harley-Davidson (HOG_) was gaining 7.2% to $72.50 in premarket trading Tuesday after posting a higher-than-expected profit for the first quarter.
For the first quarter the motorcycle maker reported earnings of $1.21 a share, beating estimates of $1.08 a share by 13 cents. Revenue grew 22.7% from the year-ago quarter to $1.73 billion. Analysts surveyed by Thomson Reuters expected revenue of $1.53 billion.
The company said it sold 57,415 new motorcycles in the first quarter, a 5.8% increase from the year-ago period. Sales increased by 3% to 35,370 in the U.S. in the quarter.
Looking to the rest of 2014 Harley-Davidson maintained is forecast of 279,000 to 284,000 motorcycles shipped by the end of the year.
Last edited by Nickatnyt; Apr 26, 2014 at 11:13 PM.
Glad I bought my Super Glide in September. Seems like the prices on CL have jumped a bunch in the last month or so.
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