21.04.2015 - Sales of Harley-Davidson has dropped
American corporation Harley-Davidson lowered forecast of motorcycles shipment due to increased competition and discounts. So, in this year, the corporation expects to increase the shipment of motorcycles by 2-4%, against the previous forecast of growth by 4-6%. Negative for the company's financial indicators were also currency fluctuations. During the first quarter, sales in the world fell by 0.7%, while overseas sales decreased by 2.4%. Overall, during the period, the company received 2,699 million in profit, against 265.9 million in the same period of the last year, but the company's revenue declined by 3.9% to 1.51 billion. We predict moderate growth of stocks by 7-10% by the end of the year.