Harley-Davidson reported yesterday that it sold slightly fewer bikes in the US the first three months of 2016 compared to the same time in 2015, but international sales increased 1.4%.
Harley said worldwide retail sales were driven, in part, by increased investments in marketing and new product introductions.
Harley experienced a 6.8 percent gain in revenue over last year's first quarter, but its operating income was down nearly 13 percent. The negative change was a result of a higher provision for retail credit loan losses, the company stated.
The company expects to ship 269,000 to 274,000 motorcycles during 2016, which would be a 1 percent to 3 percent increase over 2015.