Harley-Davidson Reports Record Third-Quarter Income
October 13, 2006
Filed under Features
Revenue, earnings per share and net income all increased by double digits in a record-setting third quarter for Harley-Davidson, Inc.
Revenue was up 14.3 percent compared to the prior year third quarter at $1.64 billion while net income jumped 18 percent to $312.7 million. Earnings per share increased 25 percent to $1.20 from last year’s $0.96.
“With four new models and an all-new Twin Cam 96TM engine with six-speed transmission on Big Twin motorcycles, the 2007 model line has been a big hit with consumers,” Harley-Davidson CEO Jim Ziemer said in a press release.
The company’s worldwide sales increased nearly 9 percent over the prior year third quarter.