Harley-Davidson 2007 Second Quarter Results

Revenue for the quarter was $1.62 billion compared to $1.38 billion in the year ago quarter, a 17.7 percent increase. Net income for the quarter was $290.5 million compared to $243.4 million, an increase of 19.3 percent over the second quarter of 2006.  “During the second quarter, 95,117 Harley-Davidson® motorcycles were shipped to dealers around the world, driving strong financial results,” said Jim Ziemer, Chief Executive Officer of Harley-Davidson, Inc. “On the retail side of the business, dealers’ sales were down 1.2 percent worldwide during the quarter, with U.S. dealers sales down 5.5 percent and international retail sales growing at double digit rates. Retail sales in every major country in Europe were up during the quarter, resulting in 13.7 percent growth in total European sales. Japan, Canada, and all other international markets grew at a combined rate of 13.4 percent,” he said. The Company expects to ship between 91,000 and 95,000 Harley-Davidson motorcycles during the third quarter of 2007.  “While we remain comfortable with this guidance, U.S. retail sales of Harley-Davidson motorcycles in the first half of the year have not met our expectations. As a result, we will continue to closely monitor the retail environment and regularly assess our planned wholesale shipments throughout the remainder of 2007,” said Ziemer.

2 Responses to “Harley-Davidson 2007 Second Quarter Results”

  1. 1 Nicker Jul 20th, 2007 at 1:32 pm

    “… Retail sales in every major country in Europe were up …”

    An interesting statistic! Le-me put a political spin on it.

    I’m looking at this, thinking:
    This is Europe (and the rest of the world) validating the uniquely American concept of “The Rugged Individual.”

    So, how come “Her Theighness” Hillary Clinton is running on a “were all in this together” platform, trying to eliminate the image of Americans as self sufficient individuals…?

    Europeans living in the bastion of Socialism want out and The Hilldabeast wants to drag us in….?

  2. 2 MIKE HANLON Jul 26th, 2007 at 11:49 am


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Cyril Huze