Motorcycle manufacturer Harley-Davidson Inc. (NYSE: HOG) reported a sharp decline in sales and profit for the first quarter of 2025.
The company reported net income of $133 million or $1.07 per share in the March quarter, compared to $235 million or $1.72 per share in the comparable period of last year.
The bottom line was negatively impacted by a 23% drop in total revenues to $1.33 billion during the three months. There was a 33% fall in motorcycle shipment units.