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This story originally appeared on StockNews
Harley-Davidson (HOG) is an iconic brand in the motorcycle space. And on April 19 it reported impressive results for the last quarter. Its stock price has been on the ascent since, and we think there could be much upside remaining because HOG is executing initiatives as part of a five-year strategic plan. Hop on. Let’s take a ride and a closer look at the name.
Iconic motorcycle manufacturer Harley-Davidson, Inc. (HOG) reported solid financials in its recently released report for the first quarter, ended March 31, 2021. While its revenue from its motorcycles segment increased 13% year-over-year to $1.02 billion for the quarter, its revenue from its parts and accessories business increased 11.3% year-over-year to $149.86 million. Its net income came in at $259.14 million, up 271.8% year-over-year, and its non-GAAP EPS increased 273.3% year-over-year to