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Harley-Davidson Has Best Growth Since Q3 2003; Retail Sales Rise 26%

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Courtesy of Benzinga.

Harley-Davidson (NYSE: HOG) had its best growth since Q3 2003, according to a report from the Motorcycle Industry Council on Friday. The report is published on the 20th of the month following the end of the quarter. Retail sales for Q1 rose 26%, compared with estimates of 17%.

Shares of the Milwaukee-based motorcycle maker surged on the on the news, reaching a 52-week high of $52.03, before closing at $51.70.

Harley-Davidson reports Q1 earnings on Wednesday April 25.

(c) 2012 Benzinga.com. All rights reserved. This material may not be published in its entirety or redistributed without the approval of Benzinga.


For more Benzinga, visit Benzinga Professional Service, Value Investor, and Stocks Under $5.

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