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Motorbike producer Harley-Davidson (NYSE: HOG) on Thursday reported a pointy decline in gross sales and internet revenue for the fourth quarter of 2023.
Web revenue declined to $26 million or $0.18 per share within the December quarter from $42 million or $0.28 per share within the comparable interval of final yr.
Hurting the bottom-line efficiency, complete revenues together with the monetary providers division decreased 8% year-over-year to $1.05 billion throughout the three months. There was a 13% fall in motorbike shipments models.