October 15, 2004
Filed under Features
Harley-Davidson, Inc., Milwaukee, Wisc., reported net earnings of $228.9 million, or 77 cents per diluted share, for the third quarter ended Sept. 26, 2004. That compares with earnings in the same quarter last year of $190.1 million, or 62 cents per diluted share. Sales in the third quarter were $1.3 billion, up from $1.1 billion last year.
For the nine month period, the company reported net income of $608.8 million, or $2.29 per diluted share, on revenues of $3.8 billion. In the same nine-month period last year, the company earned $578.5 million, or $1.90 per diluted share, on sales of $3.5 billion.
On the motorcycle side, sales of Harley-Davidson motorcycles generated third quarter revenues of $996.6 million, up from $844.3 millionin the same period last year. For the nine months, revenues were $2.9 billion, up from $2.7 billion last year.