Harley-Davidson roars past first-quarter expectations
Despite waning popularity in the US and globally, the motorcycle maker’s shares are up 3%
Bengaluru — On Tuesday, Harley-Davidson surged past expectations for first-quarter profit and stuck to its full-year shipment forecasts in the face of concerns over falling US sales and European import tariffs, sending its shares up 3%. US President Donald Trump, who has criticised Harley for its plans to shift some US production overseas, weighed in after the results to say EU tariffs on the manufacturer were “unfair” and vowed to reciprocate, without giving details. Harley, while again weighed down by a continuing decline in its popularity both in the US and globally, topped Wall Street’s profit forecasts by more than 30c per share.
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