Harley-Davidson makes significantly less profit

Harley-Davidson has announced its first quarterly figures. Although sales increased at the beginning of the year, the bottom line was lower. Year-on-year, sales rose by 51% to $1.5 billion, Harley-Davidson announced, with net income of $223 million, down 14% from the previous year's result.

The company cited increased material costs and supply chain issues, as well as a shortage of semiconductor chips. Before trading began, the stock showed slight losses. In general, investor confidence is currently declining, as Finanzen.net has already reported.