Thursday, May 15, 2008
Harley-Davidson snaps down its chunk of shipments and even many a jobs as the first quarter profits skids away signing loads of bruises. Harley-Davidson reveals its 1st quarter profit dived down so steep due to 2.5 percent completely chucked down by the U.S. motorcycle sales that tumbled practically 13 percent. The motorcycle producer states that it'll cut down on its bike production numbers this current year, and for the idle plants 730 jobs were taken of to be left dry and hard.Net revenue for the first quarter that ended on March 30th extracted $187.6 million, or 79 cents for each share, with reference to an earlier profit availed which was $192.3 million, or 74 cents for each share last year.
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