Harley’s net income fell to $69.7 million, or 45 cents per share, in the first quarter ended March 29 from $127.9 million, or 80 cents per share, a year earlier.
Motorcycles and related products revenue fell 8 percent, to $1.10 billion.
Nonetheless, shares of Harley-Davidson were up nearly 14 percent in early-afternoon trading, to $21.51.
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