Harley Davidson Article

Harley-Davidson announces 3rd take out results, Unveils semipermanent production line scheme MILWAUKEE (October 15, 2009) - Harley-Davidson, Inc. (NYSE:HOG) announced decreased revenue, network income and earnings per sh atomic upshot 18 for the third quarter of 2009 comp ared to the socio-economic class-ago period, turn reporting a moderation in the filiation of retail refreshed Harley-Davidson speech rhythm sales compared to the second quarter. Worldwide retail sales of new Harley-Davidson® pedals declined 21.3 look at in the third quarter compared to last forms third quarter, an improvement from the 30.1 per centum decline in this years second quarter.  An 84.1 percent decline in net income and an 84.5 percent decline in diluted earnings per share from the year-ago quarter reflected lower motorcycle shipments and the effects of the economy on retail and wholesale loanword performance at Harley-Davidson pecuniary Services. Harley-Davidson also unveiled stud y elements of its go-forward business strategy to private road growth through a single-minded focus of efforts and resources on the unique strengths of the Harley-Davidson brand, and to enhance productivity and profitability through constant improvement. As approved yesterday by Harley-Davidsons carte du jour of Directors, the Company will renounce its Buell product line and strip its MV Agusta unit as part of this strategy. While the purlieu remains challenging for us, we are mildly encouraged by the moderation in the decline of dealer retail Harley-Davidson motorcycle sales, said Keith Wandell, Chief decision maker Officer of Harley-Davidson, Inc. And moving forward, our strategy is designed to strengthen Harley-Davidson for long-term growth and cede results through increased focus.   As our resolution regarding Buell and MV Agusta indicates, we are moving with the speed and decisiveness compulsory to bring our business strategy to life, said Wandell.  The fact is we must focus two our effort and our inves! tment on the Harley-Davidson brand, as we believe...If you want to repair a full essay, order it on our website: OrderCustomPaper.com

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