MILWAUKEE - Harley-Davidson's (HOG) fourth-quarter earnings rose 6.8 percent as motorcycle sales continued to rise worldwide.
The Milwaukee company says global
sales of new motorcycles grew 5.7 percent in the quarter and 4.4 percent for
the full year as buyers responded to its new model lineup.
Harley-Davidson posted fourth-quarter
net income of $75.4 million, up from $70.6 million a year ago.
That's 34 cents per share, compared
with 31 cents in the last quarter of 2012. Revenue rose 2.1 percent to $1.03
The company beat Wall Street's
earnings expectations for the quarter. Analysts polled by FactSet expected 33
cents per share, on revenue of $1.04 billion.