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Harley-Davidson Reports Q2 2013 Results

Harley-Davidson reported a net profit of $271.7 million for the second quarter ended June 30, 2013, up from the profit of $247.3 million reported in the same period in 2012. For the first half of 2013, Harley-Davidson has recorded $495.9 million in profit, compared to $419.3 million reported in the opening six months last year. “Harley-Davidson again drove strong financial performance in the second quarter, reflecting the many improvements in operations we have made throughout the Company over the past few years as well as our brand strength globally,” says Keith Wandell, chairman, president and chief executive officer of Harley-Davidson, Inc.

Small-Displacement Class Considered for 2015 AMA Pro Racing Season

More and more manufacturers are entering the small-displacement sportbike market and AMA Pro Racing has taken notice, opening the possibility of adding a new racing class representing the growing segment. With plans to consolidate the Daytona Sportbike and Supersport classes and the Vance & Hines Harley-Davidson series signed through 2015, a spot will open up on race weekends for another racing class to support the premier Superbike Championship. The logical choice is to introduce a new small-displacement class.

Forbes Expects Harley-Davidson to Announce Gains for Q3 2011

In anticipation of Harley-Davidson announcing its third-quarter performance in 2011 Forbes.com expects Harley will reveal its third straight quarter of sales growth. The article says that financial analysts expect “earnings of $0.76 per share, up 47.4% from the same quarter of last year.” Additionally, an 18.8% gain in revenues is expected. Interestingly, the article refers to Harley’s motorcycles as “luxury items,” and as such sees Harley’s increased sales and profit as a possible harbinger of an improving U.S.