sales

Dirt bikes: Off-road motorcycle sales way up as people seek outdoor recreation

As people get away this summer with restrictions lifted, a lot of them are taking to off-road motorcycles — to the point that dirt bikes are cleaning up on the sales charts!

“It’s like a tsunami. It hit us, and has yet to crash,” said Kevin Wray, general manager of Bert’s Mega Mall in Covina

It’s hard to find a larger retailer of motorcycles than Bert’s. They carry every popular brand. Yet their sales floor for off-road motorcycles is somewhat bare these days.

“Bert’s Mega Mall has been around for 60 years. And in those 60 years we’ve never sold out of inventory, and we’re currently going through that process,” noted Wray.

While they recently had a small number of motorcycles on display in their off-highway area, they’re waiting for more bikes to come in. Those will then help fill up empty floor space, which used to be handlebar-to-handlebar, many

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Harley-Davidson Has 22% Upside as Sales Start to Heat Up, Says Analyst

Sales of Harley-Davidson (NYSE:HOG) motorcycles are roaring back to life, according to one Wall Street analyst who believes that’s worth lifting his price target on the stock from $55 per share to $60, or 20% above where the bike maker’s stock closed on Thursday.

Wedbush analyst James Hardiman tells investors in a research note that his channel checks show Harley-Davidson is gaining traction among motorcycle buyers again. April sales were running 5% to 7% above the levels they hit in 2019 while May sales were sprinting higher by low double-digit rates.

If those figures pan out, it could mean the motorcycle manufacturer truly has found the bottom of its yearslong sales slide.

Harley-Davidson Pan America 1250 motorcycle being ridden in the desert

A Harley-Davidson Pan America 1250. Image source: Harley-Davidson.

Investors have been burned before by overly optimistic assessments of Harley-Davidson’s ability to pull out of its sales decline, but there could be something this time to Hardiman’s

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Find Clearance Sales On A New Automotive!

Car & Automotive,automotive industry,Car & Mechanical,Car & Classic,motorcycleTransport infrastructure consists of the fastened installations, including roads , railways , airways , waterways , canals and pipelines and terminals resembling airports , railway stations , bus stations , warehouses , trucking terminals, refueling depots (together with fueling docks and fuel stations ) and seaports Terminals may be used both for interchange of passengers and cargo and for maintenance. CLASS ACTION WAIVER. THESE PHRASES DO NOT ALLOW CLASS OR COLLECTIVE ARBITRATIONS, EVEN IF THE AAA PROCEDURES OR GUIDELINES WOULD. HOWEVER ANOTHER PROVISION OF THESE TERMS, THE ARBITRATOR COULD AWARD MONEY OR INJUNCTIVE REDUCTION ONLY IN FAVOR OF THE PERSON SOCIAL GATHERING SEEKING RELIEF AND SOLELY TO THE EXTENT OBLIGATORY TO PROVIDE THE AID WARRANTED BY THAT CELEBRATION’S PARTICULAR PERSON CLAIM. ARBITRATION OR COURT PROCEEDINGS HELD BENEATH THESE PHRASES CANNOT BE INTRODUCED, MAINTAINED OR RESOLVED ON BEHALF OF OR BY A CLASS, AS A NON-PUBLIC LAWYER-NORMAL, OR IN SOME OTHER … Read More

Harley-Davidson Sales Finally Hit Paydirt Again

Harley-Davidson (NYSE:HOG) finally turned in a good quarterly earnings report Monday as first-quarter U.S. motorcycle sales jumped to their highest level in four years and earnings per share nearly quadrupled.

The gains follow a change in when the bike maker introduces its new models, from late summer to early in the calendar year, to coincide with when bike riders are most interested in buying, and suggests the “Rewire” roadmap CEO Jochen Zeitz has laid out for turning the company around is gaining traction.

Harley-Davidson Pan America adventure touring motorcycle

The new Pan America 1250 adventure touring motorcycle. Image source: Harley-Davidson.

A broad-based recovery

Revenue of $1.4 billion in the first quarter was up 10% year over year as motorcycle segment revenue rose 12% from 2020 on the back of strong demand for Harley’s touring bikes. That’s also without the full benefit of the introduction of its first adventure touring bike, the Pan America

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