Harley posts profit for second straight quarter as sales rebound

In this article:

July 21 (Reuters) - Harley-Davidson Inc on Wednesday reported its second straight quarterly profit, as sales of its motorcycles rebounded from the lows suffered during lockdowns a year earlier.

Net profit was $206.3 million, or $1.33 per share, in the quarter ended June 27, compared with a loss of $92.2 million, or 60 cents, a year earlier. (https://bit.ly/3kHcEVt)

Revenue from motorcycles and related products nearly doubled to $1.33 billion. (Reporting by Ankit Ajmera in Bengaluru; Editing by Anil D'Silva)

Advertisement