The company’s North American retail sales for powersports vehicles and outboard engines increased by 38% for the three-month period ended July 31, 2020 compared with the three-month period ended July 31, 2019.
As you tuck away your flip flops and sunscreen and replace them with pumpkin spiced lattes and cozy sweaters, you might be noticing some market trends that could affect your sales.
“We worked diligently to overcome the impacts of tariffs, a very wet spring and an aggressive promotional environment, delivering financial results slightly favorable to expectations but trailing our long-term performance goals.”
Projects funded this past quarter support opportunities for a variety of off-highway vehicle enthusiasts for outdoor recreation enjoyment.
Net sales increased thanks to healthy results in the emerging markets motorcycle business, the marine business and the industrial machinery and robots business.
“With the focus of every employee and dealer, we are making progress building the next generation of Harley-Davidson riders in line with our long-term objectives.”
Sales for the second quarter of 2017 increased 21% to $1,364.9 million; adjusted sales increased 20% to $1,358.8 million, slightly ahead of expectations.
Harley-Davidson reported that its second quarter retail motorcycle sales in the U.S. were down 9.3 percent compared to the year-ago quarter, with the overall U.S. industry down for the same period.
Each NADAguides Market Insights report provides an overview of changes in average retail price by product category, year-over-year brand research trends, consumer research traffic on NADAguides.com by geographic region, and the economic impact on each industry by factors such as fuel prices and unemployment.
Polaris Industries Inc. has reported a record second-quarter ended June 30, 2015, with an increase of 4 percent from the prior year. The second-quarter results included additional manufacturing costs and inefficiencies, as Polaris worked to scale-up production and add capacity to the paint system at the company’s motorcycle facility in Spirit Lake, Iowa.
Second-quarter results are in line with company expectations following Harley-Davidson’s decision in April to lower motorcycle shipments from initial projections for 2015 in light of currency-driven competitive pressures in the U.S. and the company’s commitment to manage supply in line with demand.