24/7 Wall St.-The Channel Checkers Survey On Harley-Davidson (HOG)

Investing

Published: April 14, 2009 5:43 am

Last Updated: April 27, 2020 2:55 pm

Over the past week, the 24/7 Wall St.–The Channel Checkers surveyed 30 Harley Davidson dealers across the United States to track sales trends of Harley Davidson motorcycles. We asked the following questions:

1. What bike model sell the most right now?
2. Are you sold out of any models right now?
3. How are business levels compared to this time last year?
4. Has there been an increase in sales in the past month?

• The Harley Sportster XR 1200 was cited as the best selling model by 57% of respondents. The Dyna series, which includes the Fat Bob and Rocker C models was seen as the top seller be 13%.

• 87% of respondents said they were not sold out of any models. 13% said they were sold out of some models and cited the Dyna Rocker C as one model that was sold out.

• 43% of respondents believed that business was worse in early April compared to April of last year. 30% saw business levels as the same as last year, while 27% believed that business was better than last year.

• Despite the negative sentiment on business compared to this time last year, 57% of respondents did say business had increased in the past month. 43% did not believe that business had increased in the last four weeks.

Conclusion of The 24/7 Wall St.–The Channel Checkers survey: The absolute results for Harley appear to be generally negative. However, the data reads less poorly than in recent surveys. The 57% who see business increasing in the past month is the best reading for this question in the past few months. The low priced Sportster continues to be the top selling model. Potentially lower gross margins tied to the Sportster could a downside to this statistic.

For more data go to The Channel Checkers website.

Douglas A. McIntyre

The Average American Has No Idea How Much Money You Can Make Today ^(Sponsor)

The last few years made people forget how much banks and CD’s can pay. Meanwhile, interest rates have spiked and many can afford to pay you much more, but most are keeping yields low and hoping you won’t notice.

But there is good news. To win qualified customers, some accounts are paying almost 10x the national average! That’s an incredible way to keep your money safe and earn more at the same time. Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 3.80% with a Checking & Savings Account today Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.

Click here to see how much more you could be earning on your savings today. It takes just a few minutes to open an account to make your money work for you.

Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 4.00% with a Checking & Savings Account from Sofi. Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.

¹https://www.fdic.gov/national-rates-and-rate-caps