Harley Davidson stock boosted by earnings beat
In this article:
Yahoo Finance Live’s Brian Sozzi discusses second-quarter earnings for Harley Davidson.
Video Transcript
BRIAN SOZZI: And before we had to break, we're also keeping a close eye on shares of Harley Davidson, as it climbs the Yahoo Finance trending ticker page. The company said today, second quarter shipments fell 15% due to a two-week production suspension. The motorcycle giant did manage to beat Wall Street's sales and profit forecasts, and reaffirmed its full-year outlook for each. That's probably why you're seeing shares up close to 6%. Now, Harley added, it plans to complete the spin-off of its electric bike division, Livewire, on September 26 as it looks to slash costs.
