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Harley-Davidson Profits Fall 58%, Cutting 1100 Jobs (HOG)

By Dividend.com Staff
January 23rd, 2009

harley-davidson-profits-fall-58-cutting-1100-jobs-hog

Harley-Davidson (HOG) shares are down nearly 9% after the company reported its fourth-quarter profit fell 58 percent to $77.8 million, or 34 cents per share, for the quarter ended Dec. 31, compared with $186.1 million, or 78 cents per share, in the same quarter last year.

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Disclaimer: Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.