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Harley-Davidson Posts Higher Revenue on More Shipments

Harley-Davidson Inc. HOG 10.59%increase; green up pointing triangle said revenue grew 21% in its most recent quarter, as the company shipped more motorcycles to make up for a production outage last spring.

Shipments of motorcycles rose 19% as the company replenished dealer inventories after a supply-chain problem in May stopped production for more than two weeks. The company estimated it lost production of 10,000 to 12,000 motorcycles during the outage.

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