Oilerman1957
Expert Expediter
Unions wanted their share of the $$$ in good times..now in bad times...time to give some back....only fair...
Motorcycle maker Harley-Davidson Inc. reported a 72% drop in first-quarter earnings as motorcycle sales remained sluggish despite improvements in the U.S. economy.
The Milwaukee-based company said earnings fell to $33 million, or 14 cents a share, from $117 million, or 50 cents, a year earlier. Revenue declined 19% to $1 billion as motorcycle sales fell 24% in the U.S. and 2% in international markets.
When adjusted to exclude two motorcycles lines Harley is discontinuing, its earnings came to 29 cents a share, beating analysts' estimates of 22 cents a share. The positive earnings also signaled a rebound from a loss ...
But yet they are still turning a profit, threating jobs is just the way of the world today.