Harley-Davidson's second-quarter profit rises on steady demand for pricier bikes-March 2024-www.financetom.com

Harley-Davidson's second-quarter profit rises on steady demand for pricier bikes

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Harley-Davidson's second-quarter profit rises on steady demand for pricier bikes

Jul 25, 2024 4:16 AM

July 25 (Reuters) - Harley-Davidson ( HOG ) reported a

23% rise in quarterly profit on Thursday as demand held up for

its pricier bikes during the summer riding season against the

backdrop of higher interest rates and inflationary pressures.

The company's net profit rose to $218 million, or $1.63 per

share, in the second quarter, from $178 million, or $1.22 per

share, a year earlier.

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