The company delivered nearly 69,000 bicycles for the quarter, down 5% compared to the same period last year. Total sales fell 6% to $ 1.4 billion.
The company recently received the necessary regulatory approvals to send Thailand-built motorcycles to the EU, which will reduce the amount of customs Harley has to pay. But that approval process took "considerably longer" than the company had planned and ate, which fell 1
Weaker demand than expected in Europe ate the company's sales forecast. The company reduced the number of bikes it expects to ship this year between 212,000 and 217,000. The company, based in Milwaukee, said earlier it expected to deliver between 217,000 and 222,000 motorcycles for 2019.
Harley's sales have fallen in several years as interest decreases among younger people. President Donald Trump supported a boycott when Harley announced plans to change some production overseas in response to tariffs.
Harley's stock fell more than 4% in early trading Tuesday.